H.J.Hong CIE INTERNATIONAL GCSE COMPUTER STUDIES GLOSSARY Actuator – It is a device that can be operated by signals from a computer or control system causing physical movement. (E.g. devices for opening windows in a computer controlled ventilation system) Algorithm – It is a sequence of instructions designed to perform a particular task and it is independent of any programming language. It includes precise details about the operations to be performed and in what order. (E.g. pseudo-code or program
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ECONOMICS GLOSSARY YEARS 10 & 11 A Term Definition Absolute advantage The ability to produce a good or service at an `absolutely` lower cost. Absolute or nominal prices The prices that we observe today in terms of today’s pounds. Also called nominal or current prices. Aggregate demand All planned expenditures for the entire economy added together. Aggregate demand curve Planned purchase rates for all goods and services in the economy at various
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IGCSE ECONOMICS NOTES The economic problem (Ch. 1) - All materials on the earth (resources) are scarce (scarcity). - Resources are used to make goods and services. - Some resources like air are free. - All people have basic needs to survive i.e. food‚ air‚ water and shelter. - People want more than they need . - Wants are unlimited. - The economic problem is how to decide the allocation of scarce resources to meet unlimited wants. - Scarce resources have many alternative uses. - The cost
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Page 12 1 a) Between t = 30 and t = 45 mins b) 7.5 mins c) i) distance travelled = area under graph between t = 0 and t = 12½ mins ii) average speed = total distance travelled total time for journey = total area under graph 60 mins 2 a) ∆v = 32 m/s a =10 m/s² t = ∆v = 32 = 3.2 s a 10 b) 3 a) OP – constant acceleration PQ – constant acceleration (greater than OP) QR – constant speed RS – constant deceleration b) O and S c) 6 m/s d) 70 s e) Total distance travelled = area under
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Economic Systems. WHAT to produce HOW to produce WHOM to produce for Key terms. Free Market Economy also known simply as the Market Economy. Resource Allocation Price Mechanism Free market system is basically governed by consumers of the market. These are known as market forces. Their main aim is profit & the firms are all privately owned. Advantages: provides a wide array of goods & services. Responds quickly to consumer’s demands. Encourages use of better methods and
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Oxford College of London Edexcel BTEC Level 5 HND Diploma in Business Course handbook 130204 Course handbook: Edexcel BTEC Level 5 HND Diploma in Business INTRODUCTION This course handbook will provide you information about the qualification Edexcel BTEC Level 5 HND Diploma in Business. The handbook will provide detailed information about the learning outcomes and the assessment criteria which you need to achieve to attain this qualification. You are required to refer to this handbook
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Economics Basic Economic Problem (choice and the allocation of resources) Nature of the economic problem – Finite Resources – Unlimited Wants 1) Our needs are limited (finite) e.g. food‚ water‚ air‚ shelter‚ warmth. These are known as Free Goods. 2) Our wants are unlimited (infinite) e.g. clothes‚ cars‚ holidays‚ jewelry. These are known as Economic Goods. We have infinite wants but limited resources in the world. Economic Agents- (individuals‚ firms‚ and governments) have to make rational
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Economics Essay Questions 4a) Direct and Indirect taxes are two different types of tax that a government may impose in order to achieve some of its objectives. Direct tax is a tax on the earnings of consumers and producers such as an income tax. Indirect tax‚ however‚ is a tax on expenditure such as a Value Added Tax on all goods and services. The main difference between the two types of tax are that a direct tax is collected directly from the owner of it whereas an indirect tax is collected by
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name here Surname Other names Edexcel Certificate Edexcel International GCSE Centre Number Candidate Number English Language A Paper 1 Friday 25 May 2012 – Afternoon Time: 2 hours 15 minutes You do not need any other materials. Paper Reference KEA0/01 4EA0/01 Total Marks Instructions Use black ink or ball-point pen. Fill in the boxes at the top of this page with your name‚ centre number and candidate number. Answer all questions. Answer the questions in the spaces provided
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1a) A referendum is a vote in which a person can either vote yes or no on a certain subject like the AV referendum in 2011‚ where the public voted on whether they wanted to change the current First Past the Post system. Whereas‚ an election are where you elect someone to represent your constituency in the general election or you vote for whomever to sit onto your council. These are held normally every 5 years due to the conservative and liberal democrats’ policy on having a fixed term Parliament
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