Caribbean Advanced Proficiency Examinations Economics Unit I – Exam Prep

$700.00

Prices in TT dollars.

Our CAPE Exam Prep is set up as a 25 lesson self-paced programme for each subject we offer. Each lesson has CZITT’s video, two other relevant online videos, two online reading links and text book references. Cover the content for each lesson completely and take the quizzes.

You will be tested by 10 Multiple Choice Questions and two Long Answer Questions with solutions – for each of the 25 Lessons! You have to be ready after this.

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Stop poor exam results and start confident exam success with our comprehensive 25-lesson curriculum.

Most courses skim the surface. This program is different. Over 25 structured lessons, we go deep into Economics Unit I, moving you from foundations to full exam readiness.

What’s Inside:

Phase 1 : The Central Economic Problem: Scarcity · Theory of Consumers’ Demand · Indifference Curve Analysis and Consumer Equilibrium · Variations in Demand · Income and Cross Elasticities of Demand
Phase 2 : Production: Factors of Production · The Short Run and the Long Run · Total, Average and Marginal Costs · Economies and Diseconomies of Scale · Variations in Supply
Phase 3 : Market Equilibrium · Consumer Surplus and Producer Surplus · Market Structure I · Market Structure II · Monopolies and Price Discrimnation
Phase 4 : Economic Welfare: Economic Efficiency · Market Failure · Market Interventions to correct Market Failure · Determination of Factor Prices · The Labour Market: Marginal Productivity Theory
Phase 5 : Wage Differentials · Poverty · Income Inequality · Government Strategies to Alleviate Poverty · Decision Making with Incomplete Information

Bonus Materials: 25 MCQ quizzes, 25 LAQ practice sets, and curated online reading resources included.

The Result: You won’t just “learn” Economics; you will pass your CAPE Economics Unit I exam with confidence.

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