# 143 Economics O Level/IGCSE Level Revision Notes Series By Imran Latif 143 Economics O Level Revision Notes Series, authored by [**Imran Latif**](https://readnwrite.org/product/article-no-142-economics-o-level-paper-2-topical-past-papers-by-imran-latif/), is an essential revision guide designed specifically for students preparing for the O Level Economics exams. This comprehensive book covers all the topics outlined in the O Level Economics syllabus, including basic economic concepts, demand and supply, market structures, national income, and international trade. The book is organized into chapters, each dedicated to a specific topic. Every chapter commences with a concise overview followed by a range of worked examples and exercises. These carefully crafted examples aim to enhance students' understanding of the concepts, while the exercises provide valuable practice in tackling O Level-style questions. ## Key Features of 143 Economics O Level Revision Notes Series: \- Comprehensive coverage of the O Level Economics syllabus \- Chapter-wise organization for focused study \- Numerous worked examples and exercises to facilitate understanding \- Practice questions to prepare students for O Level-style assessments \- Inclusion of a glossary, references, and an answer key for additional support Whether you are a student currently preparing for the O Level Economics exams or an educator seeking a reliable resource for your students, 143 Economics O Level Revision [**Notes Series**](https://readnwrite.org/product/accounting-a-level-notes/) will undoubtedly assist you in reaching your academic goals. Invest in this valuable resource to enhance your understanding, hone your skills, and excel in your exams. **Table of content** **UNIT 1: THE BASIC ECONOMIC PROBLEM. **1.1: THE NATURE OF BASIC ECONOMIC PROBLEM. **UNIT 2: THE RESOURCE ALLOCATION (DEMAND SUPPLY AND EQUILIBRIUM **DEMAND SUPPLY MARKET EQUILIBRIUM AND DISEQUILIBRIUM INTERDEPENDENT MARKETS & PRICES **UNIT 3: ELASTICITY. **INTERPRETING THE ELASTICITY FIGURES ELASTICITY OF DEMAND SIGNIFICANCE OF PED. PRICE ELASTICITY OF SUPPLY (PES) SIGNIFICANCE OF PES.. **UNIT 4: ECONOMIC SYSTEMS AND RESOURCE ALLOCATION DECISIONS **MICROECONOMICS AND MACROECONOMICS KEY RESOURCES ALLOCATION DECISIONS (BASIC ECONOMIC QUESTIONS). ECONOMIC SYSTEMS **UNIT 5: MARKET FAILURE AND GOVERNMENT INTERVENTION **CAUSES AND CONSEQUENCES OF MARKET FAILURE GOVERNMENT INTERVENTION TO ADDRESS MARKET FAILURE POLICIES TO CORRECT MARKET FAILURE OF NEGATIVE EXTERNALITIES AND DEMERIT GOODS POLICIES TO CORRECT MARKET FAILURE OF POSITIVE EXTERNALITIES AND MERIT GOODS POLICIES TO CORRECT MARKET FAILURE OF PUBLIC GOODS POLICIES TO CORRECT THE MARKET FAILURE OF IMPERFECT MARKETS THE GOVERNMENT AS A PRODUCER AND AN EMPLOYER THE GOVERNMENT AS AN EMPLOYER **UNIT 6: MONEY AND BANKING **MONEY BANKING **UNIT 7: HOUSEHOLDS. **INCOME SPENDING/CONSUMPTION SAVINGS BORROWING DIFFERENCES IN EXPENDITURE PATTERNS OF DIFFERENT INCOME GROUPS **UNIT 8: WORKERS AND TRADE UNIONS **WORKERS TRADE UNIONS WAGE DIFFERENTIALS **UNIT 9: FIRM'S PRODUCTION AND COST **METHODS OF PRODUCTION COST OF PRODUCTION REVENUE, PROFIT, LOSS & BREAK EVEN **UNIT 10: CLASSIFICATION OF FIRMS **CLASSIFICATION OF FIRMS CAUSES AND FORMS GROWTH OF FIRMS RETURNS TO SCALE ECONOMIES AND DISECONOMIES OF SCALE SMALL FIRMS **UNIT 11: MARKET STRUCTURES AND BUSINESS OBJECTIVES **OBJECTIVES OF FIRMS **UNIT 12: MARKET STRUCTURES **MARKET STRUCTURES ARE MONOPOLIES ALWAYS BAD FOR CONSUMERS? **UNIT 13: BASIC MACROECONOMIC IDEAS **SECTORS AND TYPES OF ECONOMIES AGGREGATE DEMAND (AD) AGGREGATE SUPPLY (AS) INTERACTION OF AGGREGATE DEMAND AND AGGREGATE SUPPLY AND NATIONAL INCOME EQUILIBRIUM CHANGES IN NATIONAL INCOME EQUILIBRIUM BUSINESS (TRADE) CYCLE CAUSES OF RECESSION CONSEQUENCES OF RECESSION. **UNIT 14: EMPLOYMENT AND UNEMPLOYMENT **DEFINITION OF EMPLOYMENT AND UNEMPLOYMENT THE CAUSES OF UNEMPLOYMENT FULL-EMPLOYMENT/NATURAL RATE OF UNEMPLOYMENT (NRU) THE CONSEQUENCES OF UNEMPLOYMENT POLICIES TO CORRECT UNEMPLOYMENT THE PATTERN AND TRENDS IN (UN) EMPLOYMENT MEASUREMENT OF UNEMPLOYMENT **UNIT 15: INFLATION AND DEFLATION **DEFINITION OF INFLATION AND DEFLATION MEASUREMENT OF INFLATION/DEFLATION/COST OF LIVING THE CAUSES OF INFLATION THE CONSEQUENCES OF INFLATION CAUSES AND CONSEQUENCES OF DEFLATION **UNIT 16: ECONOMIC GROWTH **DEFINITION AND MEASUREMENT OF ECONOMIC GROWTH: CONSEQUENCES OF ECONOMIC GROWTH **UNIT 17: LIVING STANDARD **GDP AND STANDARD OF LIVING **UNIT 18: POVERTY **INCOME AND WEALTH INEQUALITY THE NATURE AND CAUSES OF POVERTY **UNIT 19: POPULATION **SIZE OF POPULATION POPULATION PYRAMIDS AGEING POPULATION **UNIT 20: DIFFERENCES OF ECONOMIC DEVELOPMENT BETWEEN COUNTRIES **ECONOMIC DEVELOPMENT **UNIT 21: INTERNATIONAL TRADE **THEORIES OF INTERNATIONAL TRADE PROTECTIONISM THE AGUMENTS IN FAVOUR OF FREE TRADE AND AGAINST PROTECTIONISM THE ARGUMENTS IN FAVOUR OF PROTECTIONISM AND AGAINST FREE TRADE MULTINATIONAL CORPORATIONS (MNC) **UNIT 22: EXCHANGE RATE **DEFINITIONS AND MEASUREMENT OF EXCHANGE RATES EXCHANGE RATE SYSTEMS CAUSES OF EXCHANGE RATE DEPRECIATION CAUSES OF EXCHANGE RATE APPRECIATION EFFECTS OF DEPRECIATION/DEVALUATION EFFECTS OF APPRECIATION/REVALUATION ADVANTAGES AND DISADVANTAGES OF EXCHANGE RATE SYSTEMS **UNIT 23: BALANCE OF PAYMENTS **COMPONENTS OF THE BALANCE OF PAYMENTS BALANCE OF PAYMENT DISEQUILIBRIUM CAUSES OF BALANCE OF PAYMENT DISEQUILIBRIUM CONSEQUENCES OF A CURRENT ACCOUNT DEFICIT AND A CURRENT ACCOUNT SURPLUS **UNIT 24: MACROECONOMIC POLICIES **TAXATION GOVERNMENT MACROECONOMIC AIMS CONFLICTS AMONG MACROECONOMIC AIMS MACROECONOMIC POLICIES ## Details - **Price:** 950.0 PKR - **Vendor:** Read & Write - **Tags:** Economics, IGCSE, IGCSE Economics, Notes, O Level, O Level Economics, Revision Guide ## Variants | Variant | Price | Available | |---------|-------|-----------| | Default Title | 950.00 PKR | In stock | ## Images - 143 Economics O Level/IGCSE Level Revision Notes Series By Imran Latif - 143 Economics O Level/IGCSE Level Revision Notes Series By Imran Latif - 143 Economics O Level/IGCSE Level Revision Notes Series By Imran Latif - 143 Economics O Level/IGCSE Level Revision Notes Series By Imran Latif - 143 Economics O Level/IGCSE Level Revision Notes Series By Imran Latif --- > Source: [Read and Write Publications](https://readnwrite.org/products/article-no-143-economics-o-level-revision-notes-series-by-imran-latif) > Updated: 2026-09-24