[O-Level] Cameroon GCE Ordinary level economics past papers
Looking for Cameroon GCE Ordinary level Economics past papers? You’ve come to the right place. On this page, we have collected past question papers for the GCE O level Economics
Download O level Economics questions, free download GCE O level Economics past papers. GCE O – level Ecnonomics June 2020, GCE Economics o – level 2019…
The question papers we have here should come in handy for your revision and preparations towards the upcoming exams. Use the questions to get yourself familiarised with the Cameroon GCE Economics setting.
And if you have any problem understanding any of the questions, you can always leave us a comment or ask a question for us or any other member to make a suggestion.
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Economics
Economics is a social science and has different definitions from different great economists. Amongst these definitions, we have that of Lionel Robbins, Adam Smith, Alfred Marshall, George Bernard Shaw, John Maynard Keynes, Richard Lipsey, etc.
Economics as defined by Lord Lionel Robbins
Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.
Adam Smith’s definition of Ecnomics
Acocording to Adam Smith, Ecnonomics is an inquiry into the nature and causes of wealth of nations
Ecnomics definition according to Alfred Marshall
Economics is the study of mankind in the ordinary business of life.
Other definitions
Fritz Machlup
Economics comes in whenever more of one thing means less of another.
John Maynard Keynes
The theory of economics is a method rather than a doctrine, an apparatus of mind, a technique of thinking, which helps its possessor to draw correct conclusions.
Richard Lipsey
Economics is the study of the use of scarce resources to satisfy unlimited human wants.
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