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Curricula
IGCSE
Cambridge International Examinations
Economics
3. Microeconomic Decision Makers
3. Microeconomic Decision Makers
1
3.1 Money & Banking
1.1
Central & Commercial Banks
1.2
Understanding Money
2
3.2 Households
2.1
Spending, Saving & Borrowing
3
3.3. Workers
3.1
Factors Affecting Choice of Occupation
3.2
Wage Differentials
3.3
Wage Determination
3.4
Division of Labour & Specialisation
4
3.4 Trade Unions
4.1
The Role of Trade Unions
4.2
Types of Trade Unions
4.3
Advantages & Disadvantages of Trade Unions
5
3.5 Firms
5.1
The Growth of Firms
5.2
Classification of Firms
5.3
Small Firms
6
3.6 Firms & Production
6.1
Labour & Capital-intensive Production
6.2
Demand for the Factors of Production
6.3
Production & Productivity
7
3.7 Firms’ Costs, Revenue & Objectives
7.1
Objectives of Firms
7.2
Costs & Revenue
