CONTENTS Importance of opportunity cost as related to: Individuals, Firms or organisations Governments IMPORTANCE OF OPPORTUNITY COST TO INDIVIDUAL It […]
Category: Economics
Free Economics online learning lesson notes and videos for Secondary school and High school students. The lesson notes, videos and interactive slideshows are built on curriculum that is designed to meet national and international O’ Level standard for Senior High School or Senior Secondary school students (SS1, SS2, SS3 or SHS1, SH2, SH3) and Grade 9, Grade 10, Grade 11 and Grade 12 students.
Free online lesson notes and videos for the following exam preparations: WAEC, JAMB, Cambridge O’Level, NECO, GCE, British IGSCE, KCSCE, United States and Canada High School Exam preparations, etc.
You can also use the search box to search for any specific lesson or topic.
CONTENTS Importance of opportunity cost as related to: Individuals, Firms or organisations Governments IMPORTANCE OF OPPORTUNITY COST TO INDIVIDUAL It […]
CONTENT Concepts of wants and scarcity Choice and scale of preference Opportunity cost. CONCEPT OF HUMAN WANTSWants refer to numerous […]
Categories
General gas laws
GENERAL GAS LAW From the gas laws, we know that the volume of a gas depends on both its temperature […]
Categories
Labour as a factor of production
Labour as a factor of production is defined as both physical and mental effort of man directed to production. Labour […]
Categories
Land as a factor of Production
Land is defined in economics as a free gift of nature. CHARACTERISTICS OF LAND Land is a gift of nature […]
Categories
Theory of production
Production can be defined as the transformation of raw materials into finishing goods and the distribution and provision of goods […]