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Igcse Economics

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…

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…

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)…

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…

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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