Definitions and examples of land, labour, capital and enterprise. Examples of the nature of each factor of production. The influences on the mobility of the various factors. The causes of changes in the quantity and quality of the various factors.
The nature and causes of changes in the pattern of employment, for example increase in proportion of workers employed in the tertiary sector and formal economy as an economy develops; a greater proportion of women in the labour force due to changes in social attitudes; decline in the proportion employed in the public sector as a country moves towards a market economy.