FY13CE Economics case studies
FY13CE Economics · Put your knowledge to work in context.
This independent study page provides practice for FY13CE Economics. Its editorial learning areas include Scarcity, markets and consumer decisions; Firms, business and labor; Market failure and sustainability; Macroeconomics, finance and policy; International trade and development; Quantitative economic analysis. The questions develop subject knowledge and application through worked reasoning, distinctions between competing answers, and practical scenarios. Study the relevant guide before attempting a mixed set, then explain the evidence or calculation that supports each answer. Topics on this exam: Scarcity, markets and consumer decisions, Firms, business and labor, Market failure and sustainability, Macroeconomics, finance and policy, International trade and development, and Quantitative economic analysis. The FY13CE Economics case studies are 5 cases and about 2,355 words.
1Airport express bus fares in Larnaca
Fictional classroom economic model. Named places, quantities, prices and concession conditions below are supplied scenario assumptions, not a report of current policy, business accounts or an actual recommendation.
569 words, about 3 min2A family bakery under pressure from a supermarket
Fictional classroom economic model. Named places, quantities, prices and concession conditions below are supplied scenario assumptions, not a report of current policy, business accounts or an actual recommendation.
597 words, about 3 min3Credit sales and a zero-profit month
A fictional service business completes 100 identical jobs in one month. Each job is sold for 30 currency units.
274 words, about 1 min4A congestion charge for central Nicosia
Fictional classroom economic model. Named places, quantities, prices and concession conditions below are supplied scenario assumptions, not a report of current policy, business accounts or an actual recommendation.
651 words, about 3 min5A fixed basket, a higher nominal income and a misleading headline
A classroom dataset follows a fixed basket containing two units of product A and one unit of product B. In the base periodA costs 3 and B costs 4 currency units.
264 words, about 1 min