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MP vs MC curve If the MPL (Marginal Product of Labor) is low , then the firm needs to hire many extra workers to produce 1...

Don’t rush to apply for a re-mark or retake the exam just because your results are lower than expected. Read the following before making...

The results for CIE Economics in June 2024 were not as strong as previous series. While A2 results show promising news, AS results fell...

Struggling with A-Level Economics essays? You're not alone. Since the syllabus changed in 2023, many students have found it challenging...

Have you ever wondered why a sparkling diamond ring costs a fortune while life-giving water is practically free? This is the essence of...

This post will clarify how changes in price can differently impact consumer surplus depending on whether demand is elastic or inelastic....

Data extraction . Ensure that you use the data and information from the figures and tables provided. When using data from quotes or...

Essay Questions Mark Scheme

Microeconomics Section Indifference Curve & Budget Line Indifference Curve Assumptions: Don't forget to write the assumptions underlying...

Data response: Your ideal time for answering should be around 35 minutes. Directly read the six-point questions, remember the keywords,...

Skills are the key to success. The performance of candidates in Cambridge International AS & A Level Economics exams highlights several...

The essay type of comparing dual policies and their effectiveness in reducing the current account deficit is very common and popular in...

After the syllabus revision in 2023, the difficulty of data response questions has increased significantly, mainly due to higher...

Drawing diagrams is crucial for achieving LEVEL 3 in the 12-mark essays. For 8-mark questions, unless specifically requested or for...

Student: “I heard the school teacher say that we don't need to memorize things for economics. Is that true?” With only one month left...

Hey AS Economics students! With exams just a month away, are you scrambling to prepare? Don't waste time and points using outdated...