Economics

GCSE Economics Online Tutoring

TutorComp’s one-on-one GCSE Economics tutoring takes your academic graph forward. Our expert tutoring methods help the students to excel in learning as per their needs. The concepts and applications of economics is explained to you by our native tutors at your own pace

Benefits of Online Economics Tutoring

  • Develop skills, fluent knowledge, and understanding of economic theories and principles.

  • Create a base for higher education in Economics.

  • A better understanding of the subject with one-on-one online tutoring.

  • Assignment help and assistance of native tutors on demand

Basic Economic Problems

  • Economic Problem
  • Factors of production
  • Opportunity cost
  • Choice
  • Resource allocation
  • Production possibility curve

The Allocation of Resources

  • Demand and supply analysis
  • Market and Mixed Economic Systems
  • Price Elasticity
  • Social and Private costs and benefits
  • Market Failure

The individual as producer, consumer, and borrower

  • Exchange
  • Functions of Money
  • Central banks, Stock exchanges, and commercial banks

The private firm as producer and employer

  • Types and sizes of business organization
  • Costs and revenue
  • Perfect competition
  • Monopoly

Role of government in Economy

  • Government as a producer and an employer
  • Types of taxation
  • Aims of government economic policy

Economic Indicators

  • Price Indices
  • Inflation and deflation
  • Employment and Unemployment
  • GDP, economic growth, and recession

Developed and Developing Economies

  • Absolute and Relative property
  • Alleviating poverty
  • Differences in living standards
  • Population growth

International Aspects

  • Specialisation
  • Current account of the balance of payments
  • Exchange rate of fluctuations