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  • Anforme Production Possibility Frontiers

Anforme Production Possibility Frontiers

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  • Product Reference: D101

Download: D101

Peter Shelley, Head of Economics and Politics at the Royal Grammar School, Newcastle upon Tyne, discusses a vital concept in microeconomics,

Summary of Key Points:

·         The Economic Problem

·         An Economy’s Resources

·         The Economic Objectives of Individuals, Firms and Governments

·         Scarcity, Choice and Allocation of Resources

·           Production Possibility Frontiers (PPF)

·           Microeconomic Issues

·           Macroeconomic Issues: Unemployment and Economic Growth

·           Further Applications of the PPF

·           Questions for Discussion and Summary  of Key Points

 

Download: D101

Peter Shelley, Head of Economics and Politics at the Royal Grammar School, Newcastle upon Tyne, discusses a vital concept in microeconomics,

Summary of Key Points:

·         The Economic Problem

·         An Economy’s Resources

·         The Economic Objectives of Individuals, Firms and Governments

·         Scarcity, Choice and Allocation of Resources

·           Production Possibility Frontiers (PPF)

·           Microeconomic Issues

·           Macroeconomic Issues: Unemployment and Economic Growth

·           Further Applications of the PPF

·           Questions for Discussion and Summary  of Key Points

 

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