Business Cycles
Great for a brief introduction to the concept of economic cycles:
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Introduction to Development
about 12 years ago - No comments
This post offers some resources to help learn about the key syllabus pints under section 3.2 of the 2005 IB Economics syllabus. Definitions of economic growth and economic development and Differences in the definitions of the two concepts This video excellent by Flame India includes points on limitations of using GDP to compare welfare (below)…
Visualise the impact of Asia’s Rapid Growth
about 13 years ago - No comments
Image: bbc This interactive, hosted on bbc.co.uk, is good for studies in Geography, Economics, and more. It is a quick way into the type of visual data offered by Gapminder.org The interactive dataset lets the user track a number of Asian countries as their wealth / income grows between 1960 and 2006, and compares the…
Developed and Developing Economies – Online Resources and Revision Materials
about 13 years ago - No comments
The full title of this section from the IGCSE syllabus is: ‘Developed and developing economies: trends in production, population and living standards’ Image: Some rights reserved by souravdas Here is what the syllabus requires of us: Candidates should be able to: • describe why some countries are classified as developed and others are not; •…
Recap – A collection of ‘Live’ Output and Cost Curves
about 13 years ago - No comments
This MS word document asks you to explore the concepts of different cost curves, and their relationships, further: [Source unknown]
The World Scaled Down to A Village of 100
about 13 years ago - No comments
Just came across this video, based on what is now a widely-read summary of some key demographic and economic statistics. These statistics do need to be verified, as the opening shot states, if not for any other reason than the age of the data. This notion of the world as a village of 100 (and…
Output or ‘Product’ in The Short Run
about 13 years ago - No comments
a) Find out the definition for the short run (in Economics it has a specific definition). Use google and the define: prefix. Image: Some rights reserved by °Florian b) A practical activity in the classroom. Rules: 1) A wall in the classroom – you can not move away from the wall, you must always stay…
Output or ‘Product’ in The Short Run
about 13 years ago - No comments
a) Find out the definition for the short run (in Economics it has a specific definition). Use google and the define: prefix. Image: Some rights reserved by °Florian b) A practical activity in the classroom. Rules: 1) A wall in the classroom – you can not move away from the wall, you must always stay…
Output– Definitions of GDP
about 14 years ago - No comments
These mjmfoodie videos are very useful for understanding the concepts of GDP, real GDP (as opposed to nominal/money GDP) and growth.
The Economic Health Of A Country
about 14 years ago - No comments
[License: Some rights reserved by juhansonin] As we begin to explore macroeconomics, it is worth thinking about some of the key things that we will be looking at and how they apply to a real life country. Economists agree that there are four main macroeconomic goals which most governments consider when managing their economy (and…
Output, Costs, Revenue and Profit
about 14 years ago - No comments
[Image: nDevilTV Some rights reserved] The Cambridge IGCSE syllabus requires us to have a good understanding of the following: define total and average cost, fixed and variable cost and perform simple calculations; analyse particular situations to show changes in total and average cost as output changes; define total and average revenue and perform simple calculations;…
