Tag: Economics

Economics Defined

Economics, according to the Economist’s Dictionary of Economics is defined as the study of the production, distribution and consumption of wealth in human society. Economics is usually looked at through the eyes of scarcity and choice. It is often said that the central purpose of economic activity is the production of goods and services to…...

Economics PP–May 2010

CARIBBEAN EXAMINATIONS COUNCIL SECONDARY EDUCATION CERTIFICATE EXAMINATION ECONOMICS Paper 02—General Proficiency 2 hours  May 2010   INSTRUCTION TO CANDIDATES This paper consists of TWO sections. There are FOUR questions in Section I and FOUR questions in Section II. Answer ALL questions in Section I and any TWO questions from Section II. Write your answers in…...