IGCSE Economics Resources
Buy this resource
2027/2028/2029 -Paper -2-IGCSE Economics Topic Questions -Basic-Economic-Problem-Topic-Questions-Free Preview / 1.4 Production possibility curve (PPC) diagrams Topic Questions
Note:

IGCSE Economics Topic Questions/ 1.4 Production possibility curve (PPC) diagrams Topic Questions / Paper 2

A production possibility curve is a graphical representation of the maximum output of two goods using a fixed amount of input. Any combination of the factors of production can be used

Production Possibility Frontier

The production possibility curve (PPC) represents the cost of a society's choice between two different goods. The economy is said to have the highest standard of living if it operates at the frontier because it is producing as much as it can using the resources. 

In case of a point being present inside the curve of the PPC, then it implies that   all of the resources are not being used. 

2027/2028/2029 -Paper -1-IGCSE Economics Topic Questions -Basic-Economic-Problem-Topic-Questions-Free Preview

Explore now

PAPER-1-Topic-3-Microeconomic Decision Makers

Explore now

Paper 1 Topic 4- Government and the Macroeconomy

Explore now

Paper-1-Topic-6- International trade and globalisation

Explore now

PAPER-2-TOPIC-3-MICRO-ECONOMIC DECISION MAKERS-TOPIC-WISE PAST PAPERS

Explore now

PAPER-2-TOPIC-4-GOVERNMENT AND MACROECONOMY

Explore now
2027/2028/2029 -Paper -1-IGCSE Economics Topic Questions -Basic-Economic-Problem-Topic-Questions-Free Preview
1.1 The nature of the basic economic problem Topic Questions
1.1.1.1
Finite resources and infinite wants-set-1-qp.pdf Locked
Finite resources and infinite wants-set-1-ms.pdf Locked
Finite resources and infinite wants-set-2-qp.pdf Locked
Finite resources and infinite wants-set-2-ms.pdf Locked
Finite resources and infinite wants-set-3-qp.pdf Locked
Finite resources and infinite wants-set-3-ms.pdf Locked
Finite resources and infinite wants-set-4-qp.pdf Locked
Finite resources and infinite wants-set-4-ms.pdf Locked
Finite resources and infinite wants-set-5-qp.pdf Locked
Finite resources and infinite wants-set-5-ms.pdf Locked
1.1.1.2
Concept-of-Scarcity-set-1-qp.pdf Locked
Concept-of-Scarcity-set-1-ms.pdf Locked
1.1.3
Economic goods and free goods-set-1-qp.pdf Locked
Economic goods and free goods-set-1-ms.pdf Locked
1.2 Factors of production Topic Questions
1.2.1
Factors of production and their rewards-set-1-qp.pdf Locked
Factors of production and their rewards-set-1-ms.pdf Locked
Factors of production and their rewards-set-2-qp.pdf Locked
Factors of production and their rewards-set-2-ms.pdf Locked
Factors of production and their rewards-set-3-qp.pdf Locked
Factors of production and their rewards-set-3-ms.pdf Locked
Factors of production and their rewards-set-4-qp.pdf Locked
Factors of production and their rewards-set-4-ms.pdf Locked
Factors of production and their rewards-set-5-qp.pdf Locked
Factors of production and their rewards-set-5-ms.pdf Locked
1.2.2
Quantity and quality of factors of production-set-1-qp.pdf Locked
Quantity and quality of factors of production-set-1-ms.pdf Locked
1.3 Opportunity cost Topic Questions
1.3.1
Opportunity cost-set-1-qp.pdf Locked
Opportunity cost-set-1-ms.pdf Locked
Opportunity cost-set-2-qp.pdf Locked
Opportunity cost-set-2-ms.pdf Locked
1.3.2
The influence of opportunity cost on decision-making-set-1-qp.pdf Locked
The influence of opportunity cost on decision-making-set-1-ms.pdf Locked
The influence of opportunity cost on decision-making-set-2-qp.pdf Locked
The influence of opportunity cost on decision-making-set-2-ms.pdf Locked
The influence of opportunity cost on decision-making-set-3-qp.pdf Locked
The influence of opportunity cost on decision-making-set-3-ms.pdf Locked
1.4 Production possibility curve (PPC) diagrams Topic Questions
1.4.1.1
Production possibility curves -Definition-and-Basics-set-1-qp.pdf Locked
Production possibility curves -Definition-and-Basics-set-1-ms.pdf Locked
1.4.1.2
Drawing and interpretation of the PPC diagram-set-1-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-1-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-2-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-2-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-3-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-3-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-4-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-4-ms.pdf Locked
Drawing and interpretation of the PPC diagram-set-5-qp.pdf Locked
Drawing and interpretation of the PPC diagram-set-5-ms.pdf Locked
1.4.2
Points under, on and beyond a PPC-set-1-qp.pdf Locked
Points under, on and beyond a PPC-set-1-ms.pdf Locked
Points under, on and beyond a PPC-set-2-qp.pdf Locked
Points under, on and beyond a PPC-set-2-ms.pdf Locked
1.4.3
Movements along a PPC-set-1-qp.pdf Locked
Movements along a PPC-set-1-ms.pdf Locked
1.4.4
Shifts of a PPC-set-1-qp.pdf Locked
Shifts of a PPC-set-1-ms.pdf Locked
Shifts of a PPC-set-2-qp.pdf Locked
Shifts of a PPC-set-2-ms.pdf Locked
Shifts of a PPC-set-3-qp.pdf Locked
Shifts of a PPC-set-3-ms.pdf Locked
Shifts of a PPC-set-4-qp.pdf Locked
Shifts of a PPC-set-4-ms.pdf Locked