English Medium Centre-EMC

Economics Lesson in 60 Seconds

If you understand this one image, you understand the foundation of all economics. Let’s break down the "Basic Economic Problem."

1️⃣ The Left Side: The Appetite 😋 Human nature is never satisfied. We always want more, newer, and better things—from the latest phone to a bigger house. Our collective wants are UNLIMITED.

2️⃣ The Middle: The Reality Check ✋ To make those things, we need resources (land, labor, capital, oil, grain). Unlike our wants, these ingredients are limited. They are SCARCE. There simply isn't enough to satisfy everyone's demands at once.

3️⃣ The Right Side: The Consequence ⚖️ This conflict forces every person, business, and government to make CHOICES.

WHAT products do we prioritize?

WHO do we produce them for?

Every time you choose to buy one thing, you are giving up the chance to buy something else. That's the reality of scarcity!

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Homophones: A Fun Guide to "to" vs. "too"

Homophones are words that sound the same but have different meanings and spellings. Let's look at two common ones: to and too!

1. To (টু)

This is a preposition that shows direction, destination, or purpose.

Example: "I am going to the market." (আমি বাজারের দিকে যাচ্ছি।)

2. Too (টু)

This word can mean "also," "as well," or "excessively."

Example: "She is eating too." (সেও খাচ্ছে।)

Example: "The weather is too hot." (আবহাওয়া খুব গরম।)

By understanding the difference, you can improve your writing and communication!

🌟 প্রতিদিনের কাজে লাগবে এমন কিছু ইংরেজি বাক্য 🌟

ইংরেজি শিখতে চান সহজভাবে? ✨
তাহলে এই ছোট ছোট বাক্যগুলো প্রতিদিন অনুশীলন করুন।

📌 উদাহরণ:
✅ Are you sick? = তুমি কি অসুস্থ?
✅ Don’t be silly. = বোকামি করো না।
✅ Keep distance. = দূরত্ব রাখুন।

👉 ছবিতে আরও অনেক দরকারি বাক্য দেওয়া আছে, দেখে নিন আর মনে রাখুন! 💡

💬 কমেন্টে লিখুন – কোন বাক্যটা আপনার সবচেয়ে কাজে লাগবে?

#ইংরেজিশেখা #সহজইংরেজি

Math Made Easy: Profit & Loss

Ever wondered how shopkeepers know whether they’re making money or losing it? 🤔
It all comes down to Profit and Loss formulas! 💡

🔹 Key Terms
👉 Cost Price (CP): The price you buy something for.
👉 Selling Price (SP): The price you sell it for.
👉 Profit: When SP > CP
👉 Loss: When SP < CP

🔹 Formulas You Must Know 🧮
✅ Profit = SP – CP
✅ Loss = CP – SP
✅ Profit % = (Profit ÷ CP) × 100
✅ Loss % = (Loss ÷ CP) × 100

🔹 Examples
🖊️ A pen bought for $50 and sold for $70:
Profit = 70 – 50 = $20
Profit % = (20 ÷ 50) × 100 = 40% 🎉

📚 A book bought for $120 and sold for $100:
Loss = 120 – 100 = $20
Loss % = (20 ÷ 120) × 100 = 16.7% 😢

Are you confused?

ECONOMICS IGCSE/O LEVEL

USEFUL TERMS-2

DEMAND
How much people want to buy a good or service at different prices.

SUPPLY
How much producers are willing to sell at different prices.

EQUILIBRIUM PRICE
The price where demand and supply are equal.

ELASTICITY
How much demand or supply changes when the price or income changes.

MARKET FAILURE
When markets don't work properly, leading to problems like pollution.

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Right shift in PPC/PPF
Because of an increase in resources or an advance in technology.

IGCSE ECONOMICS
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IGCSE ECONOMICS

USEFUL TERMS-1
Opportunity Cost
The next best thing you give up when making a choice.
Scarcity
Limited resources but unlimited wants.
Choice
Deciding how to use limited resources.
Economic Growth
When a country produces more goods and services over
time.
Economic Development
Improving living standards and reducing poverty in a
country.

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Pearson Edexcel IGCSE ECONOMICS
Paper-1, Past Questions MCQ type

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IGCSE/O LEVEL | IAL ECONOMICS || BUSINESS