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IGCSE Economics Resources
PAPER-2-TOPIC-1-BASIC ECONOMIC PROBLEM-TOPIC WISE PAST PAPERS / 1.1 The nature of the basic economic problem Topic Questions
- 1.1.1.1-Finite resources and infinite wants-set-1-ms.pdf
- 1.1.1.1-Finite resources and infinite wants-set-1-qp.pdf
- 1.1.1.1-Finite resources and infinite wants-set-2-ms.pdf
- 1.1.1.1-Finite resources and infinite wants-set-2-qp.pdf
- 1.1.1.1-Finite resources and infinite wants-set-3-ms.pdf
- 1.1.1.1-Finite resources and infinite wants-set-3-qp.pdf
- 1.1.1.1-Finite resources and infinite wants-set-4-ms.pdf
- 1.1.1.1-Finite resources and infinite wants-set-4-qp.pdf
- 1.1.1.1-Finite resources and infinite wants-set-5-ms.pdf
- 1.1.1.1-Finite resources and infinite wants-set-5-qp.pdf
- 1.1.1.2-Concept-of-Scarcity-set-1-ms.pdf
- 1.1.1.2-Concept-of-Scarcity-set-1-qp.pdf
- 1.1.3 Economic goods and free goods-set-1-ms.pdf
- 1.1.3 Economic goods and free goods-set-1-qp.pdf
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Note:
IGCSE Economics/ Paper-2-/1.1 The nature of the basic economic problem Topic Questions/ Topic Questions/ 2027/2028/2029 Exams
- The economic problem arises from wants exceeding resources or that wants are infinite (unlimited) while resources are limited.
- So, when the resources are limited and the wants are unlimited, a choice needs to be made.
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