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BASIC ECONOMIC PROBLEM
Study notes, multiple choice, case studies
Concepts
Scarcity
Opportunity Cost
Production Possibility curves
Economic Goods and Free Goods
TOPICS
The economic problem
Types of economic system
The resources and production
Population
Demand, supply and price
Revenue, cost and profit
Wages and trade unions
Business Organisation and Finance
Growth, location and Market structure
International trade and payment
Money and financial institutions
Public revenue and expenditure