Unlimited wants and limited resources, scarcity, choice and the scale of preference, opportunity cost as the real cost with worked examples, and free goods compared with economic goods.
In these notes
- Wants and resources
- Scarcity
- Choice and the scale of preference
- Opportunity cost
- Free goods and economic goods
Revision notes come with the Complete plan
Complete gives you mock exams, revision notes, the curriculum checklist and past papers, as well as every practice question with its explanation. ₦10,000 a month, or ₦108,000 a year.