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Thursday, 3 October 2013

B Business Economics

Business economics is concerned with economic issues related to firms. It includes various important topics ranging from the Basic Economic Problem to Economies of Scale.



Basic Economic Principles
Factors of Production
Production Possibility Frontier 
Costs
Break Even
Sectors of the Economy
Public and Private Sectors
Privatisation or Nationalisation?
Division of Labour and Specialisation
Disadvantages of Division of Labour
Economies of Scale
Internal Economies of Scale
Diseconomies of Scale
External Economies of Scale
Competitive Markets
Barriers to Entry
Natural Monopolies
Oligopoly
Planned and Free Market Economies
Growth of Firms and Inorganic Growth
Why are there still small firms?
Disadvantages of Smaller Firms
Overcoming the problems of Monopoly
Posted by gcse notes at 22:22
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