Edexcel International AS and A level Economics XEC11/YEC11 · 1.3.1.4

Production possibility frontiers

Code: 1.3.1.4
In: 1.3.1 Introductory concepts
Topic: 1.3 Markets in action
Course: International AS and A level Economics XEC11/YEC11
Board: Edexcel

Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.

Points under 1.3.1.4

1.3.1.4.a Using production possibility frontiers
1.3.1.4.b Movements along and shifts in production possibility frontiers
1.3.1.4.c The distinction between capital goods and consumer goods
1.3.1.4.d The significance of capital goods for productivity and economic growth

Points in 1.3.1 Introductory concepts

1.3.1.1 The nature of economics
1.3.1.2 Positive and normative economics
1.3.1.3 Scarcity
1.3.1.4 Production possibility frontiers
1.3.1.5 Specialisation and the role of money and financial markets
1.3.1.6 Free market, mixed and command economies