SPECIFICATION: 6.1 Economic Issues
Welcome to the twenty-seventh studying video for the CIE IGCSE Business Studies series by Yi MakesItEasy. My name is Yi, and welcome to my channel!

In this video, I introduced the twenty-seventh specification (6.1). I focused on business cycle, as well as how government control over the economy affects business activity and how businesses may respond. I also focused on main stages of business growth, government economic objectives, and impact of changes in interest rates. Interesting video here as we were in an economic recession - which was one of the stages in the business cycle in a trade cycle diagram! Check this video out and stay tuned until the end!

Check out related videos:
Business Studies: Costs, Scale of Production, Break-even Analysis (4.2):
https://www.youtube.com/watch?v=kGyA6jipUbM&ab_channel=YiMakesItEasy

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