Glossary

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fixed factors

Subject: 

  • Economics

those factors that cannot be changed in the short term as this takes much time and planning. These include buildings and capital equipment.

Related Content

non-rivalry
Subject:
Economics

when consumption by one person does not reduce use by another person.

short run average cost (SRAC)
Subject:
Economics

the sum of average fixed costs and average variable costs

implicit costs
Subject:
Economics

intangible costs such as those involved in providing good service.

underemployment
Subject:
Economics

when a worker who wants to work full time is obliged to take part time employment.

flows in the economy
Subject:
Economics

the flows of goods and services and money in the economy.

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Exam practice is essential. Make sure your students have access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Remind your students that studying should be active. They should be making notes, working through examples, doing practice exam papers and testing themselves on the sections they are studying.

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Formulae sheets or key concept sheets are useful for quick revision. Make some sheets your students can stick on a wall or at the back of their books. The more they look at the formulae and key...

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Different study methods work for different students. Encourage your learners to find out what works for them so you can support them.

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Many subjects require students to know work from the previous grades. Make sure your child has access to a good reference book that contains the concepts they need to refer back to.

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Once your teenager has completed practise exam papers, go over the areas where they struggle. Get a study guide to help you and your student if you need help with a particular section.

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

[ more ]

Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

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Formulae sheets or key concept sheets are useful for quick revision. Get your teenager to stick them on the wall in their room. The more they look at the formulae and key concepts, the more likely...

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Different study methods work for different students. Find out what works for your child so you understand how you can support him or her.

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