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Igcse Economics Revision Notes
Characteristics And Functions Of Money
Money: Money is an item which is generally acceptable as a means of payment. Characteristics of Money: General Acceptability: All…
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Igcse Economics Revision Notes
Demand And Supply – How Prices Are Determined
Prices are determined through the forces of demand and supply of a product or service. Demand: It is the willingness…
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Igcse Economics Revision Notes
Non Price Factors of Demand
There are various factors other than price that change the Demand of a product or service and hence cause a…
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Igcse Economics Revision Notes
Non Price Factors of Supply
There are various factors other than price that change the Supply of a product or service and hence cause a…
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Igcse Economics Revision Notes
Price Elasticity Of Demand
Price Elasticity Of Demand, measures the responsiveness of demand to a change in price. The formula used to calculate (PED)…
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Igcse Economics Revision Notes
Price Elasticity Of Supply
Price Elasticity Of Supply, is the measure of the responsiveness of supply to a change in price. The Formula used…
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Igcse Economics Revision Notes
Usefullness of Price Elasticity To Producers
Knowledge of Price Elasticity would help the producer in many ways while making a decision such as: Pricing Policy: The…
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Igcse Economics Revision Notes
Stock Exchange
Stock Exchange is an organization / marketplace, for the sale and purchase of shares and other securities. Stock Brokers: Those…
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Igcse Economics Revision Notes
Banking – Central And Commercial Banks
Banking helps people to borrow and lend and carry out a range of other financial activities. By doing so, banking…
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Igcse Physics Revision Notes
Kinetic Model Of Matter
The kinetic model of matter is made up of tiny particles which exist as atoms, molecules and ions. The particles…
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