Thursday, 20 March 2014

U6 HW : Economic Efficiency

Dear All

Please make detailed notes on productive and allocative efficiency. Notes should include three diagrams.

As well as using both textbooks, there is an excellent video on Khan Academy here , some notes in dropbox here and some bored Economics teacher with no social life and too much time on his hands explains it very well in this video here

Test on Monday.

Whinge in comments below if it helps.


3 comments:

Anonymous said...

Is the third diagram pareto efficiency?

Anonymous said...

Is it just productive and allocative? Not the others?

www.inspiringeconomics.life said...

Three diagrams are on the notes in dropbox. You need to know productive and allocative