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1.1.3 Economic resources
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Factors of production

Factors of production

Factors of production are the scarce economic resources used to produce goods and services. Economists classify them as land, labour, capital and enterprise.

1.1.3 Economic resources Lesson

  1. A Level
  2. /Economics
  3. /1.1.3 Economic resources

Step-by-step lessons covering AQA A Level Economics 1.1.3 Economic resources for A Level Economics. Each lesson works through exam-style questions in Paper 1, Paper 2 and Paper 3 format. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.