142 Economics O Level Paper 2 (Topical Past Papers) By Imran Latif

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142 Economics O Level Paper 2 (Topical Past Papers) By Imran Latif

Table of Contents

1. Unit – 1 Basic Economic Problem
   1. Factors of Production
   2. Opportunity Cost and Scarcity (BASIC Economic Problem)
   3. Production Possibility Curve
2. Unit – 2 Demand Supply and Equilibrium
   1. Demand
   2. Market Equilibrium & Changes in Equilibrium
3. Unit – 3 Elasticity
   1. Price Elasticity of Demand (PED)
   2. Price Elasticity of Supply (PES)
   3. Elasticity and Tax Incidence
4. Unit – 4 Production and Cost
   1. Primary, Secondary & Tertiary Sectors
   2. Types of Costs
   3. Division of Labour and Specialization
   4. Economies & Diseconomies of Scale
   5. Small Firms
   6. Sources of Growth of Firms & Integration
   7. Profit Maximisation
5. Unit – 5 Types of Business Organizations
   1. Types of Business Organizations
   2. Multinationals
6. Unit – 6 Market Structures
   1. Market Structures
   2. Are Monopolies are Always Bad For Consumers?
7. Unit – 7 Economic Systems & Allocation of Resources
   1. Private and Public Sector
   2. Labour Intensive vs Capital Intensive Method
   3. Economic Systems
8. Unit – 8 Market Failure
   1. Social Costs and Benefits
   2. Causes of Market Failure
   3. Why Government Produce Goods & Services
   4. Government Policies and Their Limitations
9. Unit – 9 Labour Market
   1. Factors Determining Wage Rate
   2. Wage Differentials
   3. Trade Unions
   4. Factors Affecting Choice of Occupation
   5. Types of Payments
   6. Changes in Earning in Lifetime
10. Unit – 10 Spending, Saving and Borrowing
    1. Motives to Spend or Save
    2. Spending Patterns
11. Unit – 11 Govt Intervention
    1. Types of Taxes System and Distribution of Income
    2. Direct & Indirect Taxes
    3. Reasons For Taxation
    4. Objective and Finance of Government Spending
    5. Government Budget
12. Unit – 12 Money and Banking
    1. Functions of Money
    2. Function of Central Bank
    3. Function of Commercial Bank
13. Unit – 13 National Income, Ad & As
    1. National Income
    2. Ad and As
14. Unit – 14 Inflation
    1. Meaning of Inflation
    2. Causes of Inflation
    3. Measurement of Inflation
    4. Effects of Inflation
    5. Actual Value vs Percentage Value
15. Unit – 15 Employment & Unemployment
    1. Meaning of Unemployment
    2. Types & Causes of Unemployment
    3. Effects of Unemployment
    4. Full Employment
16. Unit – 16 Economic Growth
    1. Economic Growth
    2. Causes of Economic Growth
    3. Meaning and Measurement of Economic Growth
17. Unit – 17 Population
    1. Factors of Growth in Population
    2. Ageing Population
    3. Types of Population and Effects of Growth in Population
18. Unit – 18 Economic Development & Standard of Living
    1. Standard of Living
    2. Economic Development
    3. Absolute vs Relative Poverty
    4. Causes and Policies For Economic Development & Poverty
19. Unit – 19 International Trade
    1. Reasons For Specialization and Trade
    2. Methods of Protectionism
    3. Advantages and Disadvantages of Free Trade and Protectionism
20. Unit – 20 Exchange Rate
    1. Meaning of Exchange Rate
    2. Exchange Rate Systems
    3. Effects of Exchange Rate Changes
    4. Advantages/Disadvantage of Exchange Rate System
    5. Causes of Exchange Rate Depp/App
21. Unit – 21 Balance of Payment
    1. Bop Accounts
    2. Causes of Bop Deficit/Surplus
    3. Effects of Bop Deficit or Surplus
22. Unit – 22 Government Macroeconomic Intervention
    1. Macroeconomic Aims & Conflicts
    2. Macroeconomic Policies For Current Account Deficit
    3. Macroeconomic Policies For Economic Growth and Employment
    4. Macroeconomic Policies For Inflation
    5. Macroeconomic Policies For Multiple Aims
23. Unit – 23 Others
    1. Section A 202
       1. J04/P2/Q1
       2. N04/P2/Q1 Decline in World Supply of Cotton
       3. J05/P2/Q1 European Recession
       4. N05/P2/Q1 Lesotho National Development Corporation
       5. J06/P2/Q1 Demand For Oil in India
       6. N06/P2/Q1 Trade and Production in Bangladesh
       7. J07/P2/Q1 Airline Industry Losses
       8. N07/P2/Q1 The Royal Mail
       9. J08/P2/Q1 UK Railway Operation
       10. N08/P2/Q1 Population in Botswana
       11. J09/P2/Q1 Economic Growth in Uganda
       12. N09/P2/Q1
       13. J10/P2/Q1 Economic Downturn Puts Pressure on New Zealand Firms to Be More
    2. Productive 221
       1. N10/P2/Q1 The Asian Development Bank Meets in Indonesia
       2. J11/P2/Q1 The Dhaka Stock Exchange Is Doing Well
       3. N11/P2/Q1 The Struggles of The Ivory Coast’s Cocoa Farmers
       4. J12/P2/Q1 China Decides to Move Towards A More Flexible Exchange Rate
       5. N12/P2/Q1 A New City Is to Be Built in Ghana
       6. J13/P2/Q1 The Communications Monopoly in Mexico
       7. N13/P2/Q1 Prices Rise Faster Than Wages in The United Kingdom (UK)
       8. J14/P2/Q1 The Challenges Facing Angola
       9. N14/P2/Q1 Fiscal Policy and An Ageing Population in Japan
       10. J15/P2/Q1 Peru and Panama
    3. November 2015 Paper 22
    4. June 2016 Paper 22
    5. November 2016 Paper 22
    6. June 2017 Paper 22
    7. November 2017 Paper 22