{"product_id":"economics-o-level-p-2-topical","title":"142 Economics OLevel\/IGCSE Paper 2 Topical Worked Solutions By Imran Latif","description":"\u003cp\u003e \u003c\/p\u003e\n\u003ch2\u003eEconomics O Level Topical Paper\u003c\/h2\u003e\n\u003cp\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cp\u003e142 Economics O Level Paper 2\u003cspan\u003e \u003c\/span\u003e\u003ca href=\"https:\/\/readnwrite.org\/product\/business-a-level-paper-1-topical\/\"\u003e\u003cstrong\u003eTopical Past Papers\u003c\/strong\u003e\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003eby\u003cspan\u003e \u003c\/span\u003e\u003ca href=\"https:\/\/readnwrite.org\/product\/article-no-143-economics-o-level-revision-notes-series-by-imran-latif\/\"\u003e\u003cstrong\u003eImran Latif\u003c\/strong\u003e\u003c\/a\u003e\u003cspan\u003e \u003c\/span\u003eis a highly beneficial book designed to assist students in their preparation for the O Level Economics Paper 2 exam. This comprehensive collection comprises a wide range of past papers that cover key topics including national income, inflation, unemployment, economic growth, and international trade. Each section of the book contains multiple past papers, accompanied by detailed mark schemes that offer comprehensive explanations on how the papers should be assessed.\u003c\/p\u003e\n\u003ch2\u003eKey Features:\u003c\/h2\u003e\n\u003cp\u003e1. Comprehensive Collection: The book encompasses a diverse range of past papers, ensuring coverage of all vital topics specified in the O Level Economics Paper 2 syllabus.\u003c\/p\u003e\n\u003cp\u003e2. Topic Relevance: The past papers included in the book align closely with the subject matter and question types encountered in the actual exam, providing students with targeted preparation.\u003c\/p\u003e\n\u003cp\u003e3. Mark Schemes: Each past paper is accompanied by a detailed mark scheme, offering students in-depth explanations and guidance on the marking criteria.\u003c\/p\u003e\n\u003cp\u003e4. Exam Practice: Students can engage in extensive practice by attempting the past papers, helping them familiarize themselves with the exam format, time constraints, and question styles.\u003c\/p\u003e\n\u003cp\u003e5. Performance Evaluation: The mark schemes enable students to assess their own answers and identify areas for improvement, allowing them to refine their exam techniques and enhance their overall performance.\u003c\/p\u003e\n\u003ch2\u003eEconomics O\/IGCSE Level Paper 2 Topical Worked Solutions By Imran Latif\u003c\/h2\u003e\n\u003cul\u003e\n\u003cli\u003eAll Variants included\u003c\/li\u003e\n\u003cli\u003eQuestions order from new to old\u003c\/li\u003e\n\u003cli\u003eAccording to the new syllabus\u003c\/li\u003e\n\u003cli\u003eClassified to subtopics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eTABLE OF CONTENT\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 1: BASIC ECONOMIC PROBLEM\u003c\/strong\u003e\u003cbr\u003e1.1: Factors of production\u003cbr\u003e1.2: Opportunity cost\u003cbr\u003e1.3: The nature of the economic problem\u003cbr\u003e1.4: Production possibility curve\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 2: DEMAND SUPPLY AND EQUILIBRIUM\u003c\/strong\u003e\u003cbr\u003e2.1: Demand\u003cbr\u003e2.2: Market equilibrium \u0026amp; price changes\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 3: ELASTICITY\u003c\/strong\u003e\u003cbr\u003e3.1: Meaning and determinants price elasticity of demand (PED)\u003cbr\u003e3.2: Significance price elasticity of demand (PED) for producers\u003cbr\u003e3.3: Significance price elasticity of demand (PED) for government\u003cbr\u003e3.4: Meaning and determinants of price elasticity of supply (PES)\u003cbr\u003e3.5 Significance of price elasticity of supply (PES)\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 4: ECONOMIC SYSTEMS\u003c\/strong\u003e\u003cbr\u003e4.1: Private and public sector\u003cbr\u003e4.2: Types of economic systems\u003cbr\u003e4.3: Privatisation\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 5: MARKET FAILURE\u003c\/strong\u003e\u003cbr\u003e5.1: Definitions of market failure\u003cbr\u003e5.2: Causes of market failure\u003cbr\u003e5.3: Government intervention to address market failure\u003cbr\u003e5.4: Government policies and their limitations\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 6: MONEY AND BANKING\u003c\/strong\u003e\u003cbr\u003e6.1: Functions of money\u003cbr\u003e6.2: Function of central bank\u003cbr\u003e6.3: Function of commercial bank\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 7: HOUSEHOLDS\u003c\/strong\u003e\u003cbr\u003e7.1: Motives to spend or save\u003cbr\u003e7.2: Spending patterns\u003cbr\u003e7.3: Economics systems \u0026amp; allocation of resources\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 8: WORKERS\u003c\/strong\u003e\u003cbr\u003e8.1: Factors affecting choice of occupation\u003cbr\u003e8.2: Wage determination\u003cbr\u003e8.3: Differences in earnings\u003cbr\u003e8.4: Division of labour and specialization\u003cbr\u003e8.5: Trade unions\u003cbr\u003e8.6: Types of payments\u003cbr\u003e8.7: Changes in earning in lifetime\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 9: FIRMS\u003c\/strong\u003e\u003cbr\u003e9.1: Classification of firms\u003cbr\u003e9.2: Small firms\u003cbr\u003e9.3: Causes and forms of growth of firms\u003cbr\u003e9.4: Economies \u0026amp; diseconomies of scale\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 10: FIRMS AND PRODUCTION\u003c\/strong\u003e\u003cbr\u003e10.1: Primary, secondary \u0026amp; tertiary sectors\u003cbr\u003e10.2: Labour intensive vs capital intensive method\u003cbr\u003e10.3: Productivity\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 11: FIRM’S COSTS, REVENUE AND OBJECTIVES\u003c\/strong\u003e\u003cbr\u003e11.1: Definitions and calculations of costs of production\u003cbr\u003e11.2: Objectives of firms\u003cbr\u003e11.3: Govt microeconomic intervention\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 12: MARKET STRUCTURES\u003c\/strong\u003e\u003cbr\u003e12.1: Market structures\u003cbr\u003e12.2: Are monopolies are always bad for consumers?\u003cbr\u003e12.3: Money \u0026amp; banking\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 13: MACROECONOMIC AIMS OF GOVERNMENT\u003c\/strong\u003e\u003cbr\u003e13.1: Macroeconomic concepts\u003cbr\u003e13.2: THE MACROECONOMIC AIMS OF GOVERNMENT\u003cbr\u003e13.3: Conflicts of macroeconomic aims\u003cbr\u003e13.4: Most important macroeconomic aims\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 14: MACROECONOMIC POLICIES\u003c\/strong\u003e\u003cbr\u003e14.1: Government budget and fiscal policy\u003cbr\u003e14.2: Reasons for government spending\u003cbr\u003e14.3: Reasons for taxation\u003cbr\u003e14.4: Classification of taxes – direct and indirect\u003cbr\u003e14.5: Classification of taxes – progressive, regressive and proportional\u003cbr\u003e14.6: Principals of taxation\u003cbr\u003e14.7: Impact of taxation\u003cbr\u003e14.8: Monetary policy\u003cbr\u003e14.9: Supply-side policies\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 15: ECONOMIC GROWTH\u003c\/strong\u003e\u003cbr\u003e15.1: Meaning and measurement of economic growth\u003cbr\u003e15.2: Causes of economic growth\u003cbr\u003e15.3: Consequences of economic growth\u003cbr\u003e15.4: Policies to promote economic growth\u003cbr\u003e15.5: Conservation of resources\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 16: EMPLOYMENT \u0026amp; UNEMPLOYMENT\u003c\/strong\u003e\u003cbr\u003e16.1: Meaning of employment, unemployment and full employment\u003cbr\u003e16.2: Causes\/types of unemployment\u003cbr\u003e16.3: Consequences of unemployment\u003cbr\u003e16.4: Policies to reduce unemployment\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 17: INFLATION AND DEFLATION\u003c\/strong\u003e\u003cbr\u003e17.1: Meaning of inflation and deflation\u003cbr\u003e17.2: Measurement of inflation and deflation\u003cbr\u003e17.3: Causes of inflation and deflation\u003cbr\u003e17.4: Consequences of inflation and deflation\u003cbr\u003e17.5: Policies to control inflation and deflation\u003cbr\u003e17.6: Actual value vs percentage value\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 18: ECONOMIC DEVELOPMENT\u003c\/strong\u003e\u003cbr\u003e18.1: Indicators of living standards\u003cbr\u003e18.2: Absolute vs relative poverty\u003cbr\u003e18.3: THE CAUSES OF POVERTY\u003cbr\u003e18.4: Policies to alleviate poverty and redistribute income\u003cbr\u003e18.5: THE FACTORS THAT AFFECT POPULATION GROWTH\u003cbr\u003e18.6: Ageing population\u003cbr\u003e18.7: THE EFFECTS OF CHANGES IN THE SIZE AND STRUCTURE OF POPULATION\u003cbr\u003e18.8: Differences in economic development between countries\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 19: INTERNATIONAL TRADE AND GLOBALIZATION\u003c\/strong\u003e\u003cbr\u003e19.1: Specialisation at a national level\u003cbr\u003e19.2: Role of multinational companies (mncs)\u003cbr\u003e19.3: Benefits of free trade\u003cbr\u003e19.4: Methods of protection\u003cbr\u003e19.5: Reasons for and consequences of protection\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 20: FOREIGN EXCHANGE RATES\u003c\/strong\u003e\u003cbr\u003e20.1: Definition of foreign exchange rate\u003cbr\u003e20.2: Determination of foreign exchange rate in foreign exchange market\u003cbr\u003e20.3: Causes of foreign exchange rate fluctuations\u003cbr\u003e20.4: Consequences of foreign exchange rate fluctuations\u003cbr\u003e20.5: Floating and fixed foreign exchange rates\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 21: CURRENT ACCOUNT OF BALANCE OF PAYMENTS\u003c\/strong\u003e\u003cbr\u003e21.1: Structure\u003cbr\u003e21.2: Causes of current account deficit and surplus\u003cbr\u003e21.3: Consequences of current account deficit and surplus\u003cbr\u003e21.4: Policies to achieve balance of payments stability\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUNIT 22: OTHERS\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003eSECTION A\u003c\/strong\u003e\u003cbr\u003eM\/J 25\/P22\/Q1 THE FUTURE OF THE ECONOMY OF ST. KITTS AND NEVIS\u003cbr\u003eM\/J 25\/P21\/Q1 GABON’S INDUSTRIES AND LABOUR FORCE\u003cbr\u003eM\/J 25\/P23\/Q1 THE EGYPTIAN ECONOMY\u003cbr\u003eMAR 25\/P22\/Q1 POPULATION, HOUSEHOLD SPENDING AND POVERTY IN ROMANIA\u003cbr\u003eO\/N 24\/P22\/Q1 CHANGES IN JORDAN’s ECONOMY AND POPULATION\u003cbr\u003eO\/N 24\/P23\/Q1 THE BELARUS ECONOMY\u003cbr\u003eM\/J 24\/P22\/Q1 THE CHALLANGES FACING THE TUNISIAN GOVERNMENT\u003cbr\u003eM\/J 24\/P21\/Q1 WHAT DOES THE FUTURE HOLD FOR NICARAGUA?\u003cbr\u003eMAR 24\/P22\/Q1 CHANGES IN THE DANISH ECONOMY\u003cbr\u003eO\/N 23\/P22\/Q1 WILL HONDURAS BECOME A MORE SUCCESSFUL ECONOMY\u003cbr\u003eO\/N 23\/P22\/Q1 CHANGES IN THE ECONOMY OF MONTENEGRO\u003cbr\u003eM\/J 23\/P22\/Q1 HOW WILL OIL CHANGE GUYANA?\u003cbr\u003eM\/J 23\/P21Q1 IS THERE A FUTURE FOR AUSTRALAIN COAL?\u003cbr\u003eO\/N 22\/P22\/Q1     BANK MERGERS\u003cbr\u003eO\/N 22\/P23\/Q1     CHANGES IN ECUADOR’S ECONOMY\u003cbr\u003eM\/J 22\/P22\/Q1     HAPPINESS\u003cbr\u003eM\/J 22\/P21\/Q1     CYPRUS\u003cbr\u003eO\/N 21\/P22\/Q1     India’s airline industry\u003cbr\u003eO\/N 21\/P23\/Q1     Changing eating Habits\u003cbr\u003eM\/J 21\/P21\/Q1     CHANGES IN THE NIGERIAN ECONOMY\u003cbr\u003eO\/N 20\/P22\/Q1     THE DESTRUCTION OF FORESTS IN INDONESIA\u003cbr\u003eO\/N 20\/P23\/Q1     TRAFFIC JAMS IN THE PHILIPPINES\u003cbr\u003eM\/J 20\/P22\/Q1     THE CHALLENGES FACING PAKISTAN\u003cbr\u003eM\/J 20\/P21\/Q1     VIETNAM’S GROWING POPULATION AND ECONOMY\u003cbr\u003eO\/N 19\/P22\/Q1     DRIVERLESS CARS AND ADVANCES IN TECHNOLOGY\u003cbr\u003eO\/N 19\/P23\/Q1     A NEW CAPITAL FOR ZAMBIA?\u003cbr\u003eM\/J 19\/P22\/Q1     PREMIUM FRIDAY\u003cbr\u003eM\/J 19\/P21\/Q1     UNIVERSAL BASIC INCOME (UBI)\u003cbr\u003eO\/N 18\/P22\/Q1     RUBBER PRODUCTION IN LIBERIA\u003cbr\u003eO\/N 18\/P23\/Q1     NIGERIA ADOPTS A FLOATING EXCHANGE RATE\u003cbr\u003eM\/J 18\/P22\/Q1     CRISIS IN THE ICE CREAM MARKET\u003cbr\u003eM\/J 18\/P21\/Q1     BANKING AND UNEMPLOYMENT IN MOROCCO\u003cbr\u003eO\/N 17\/P02\/Q1     FROM INFLATION TO DEFLATION\u003cbr\u003eM\/J 17\/P02\/Q1     Mining diamonds in Botswana\u003cbr\u003eO\/N 16\/P02\/Q1     The mints\u003cbr\u003eM\/J 16\/P02\/Q1     Crisis in the chocolate market\u003cbr\u003eO\/N 15\/P02\/Q1     Mexico: rising to the top?\u003cbr\u003eM\/J 15\/P02\/Q1     Peru And Panama\u003cbr\u003eO\/N 14\/P02\/Q1     Fiscal Policy And An Ageing Population In Japan\u003cbr\u003eM\/J 14\/P02\/Q1     The Challenges Facing Angola\u003cbr\u003eO\/N 13\/P02\/Q1     Prices Rise Faster Than Wages In The United Kingdom (Uk)\u003cbr\u003eM\/J 13\/P02\/Q1     The Communications Monopoly In Mexico\u003cbr\u003eO\/N 12\/P02\/Q1     A New City Is To Be Built In Ghana\u003cbr\u003eM\/J 12\/P02\/Q1     China Decides To Move Towards A More Flexible Exchange Rate\u003cbr\u003eO\/N 11 \/P02\/Q1    The Struggles Of The Ivory Coast’s Cocoa Farmers\u003cbr\u003eM\/J 11\/P02\/Q1 The Dhaka Stock Exchange Is Doing Well\u003c\/p\u003e","brand":"Read \u0026 Write","offers":[{"title":"Default Title","offer_id":47408477044981,"sku":"SKU-11","price":2020.0,"currency_code":"PKR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0780\/4233\/3429\/files\/142.png?v=1773742719","url":"https:\/\/readnwrite.org\/products\/economics-o-level-p-2-topical","provider":"Read and Write Publications","version":"1.0","type":"link"}