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A GCSE is offered with the title Learning for life and work (2017) It is modular and work covers the following areas: [3] Unit 1: Local and global citizenship (diversity and inclusion, government and politics, human rights) Unit 2: Personal development (physical health, mental health, sexual health, parenting, personal finance)
The General Certificate of Secondary Education (GCSE) is an academic qualification in a range of subjects taken in England, Wales and Northern Ireland, having been introduced in September 1986 and its first exams taken in 1988. State schools in Scotland use the Scottish Qualifications Certificate instead. However, private schools in Scotland ...
Business studies, often simply called business, is a field of study that deals with the principles of business, management, and economics. [1] It combines elements of accountancy, finance, marketing, organizational studies, human resource management, and operations. Business studies is a broad subject, [2] where the range of topics is designed ...
Edexcel (also known since 2013 as Pearson Edexcel[2]) is a British multinational education and examination body formed in 1996 and wholly owned by Pearson plc since 2005. It is the only privately owned examination board in the United Kingdom. [3] Its name is a portmanteau term combining the words education and excellence.
Opportunity cost is the concept of ensuring efficient use of scarce resources, [25] a concept that is central to health economics. The massive increase in the need for intensive care has largely limited and exacerbated the department's ability to address routine health problems.
Tucker derided profit as antithetical to free competition and criticised capitalism for "abolishing the free market", arguing that a truly free market was governed only by the cost of production. [ 81 ] At the center of his anti-capitalist critique were what he called the "Four Monopolies": [ 82 ] that of money , land , tariffs and patents .
Outline of economics. Economics classes make extensive use of supply and demand graphs like this one to teach about markets. In this graph, S and D refer to supply and demand and P and Q refer to the price and quantity. The following outline is provided as an overview of and topical guide to economics: Economics – analyzes the production ...
t. e. Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. [1] More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference." [2]