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IGCSE Economics notes

Every unit of the CIE Economics syllabus, from the basic economic problem to international trade — with the diagrams drawn out and the cause-and-effect chains examiners look for spelled out in full.

CIE 0455 36 topics Free to read online

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36 topics across 6 units

01

The basic economic problem

4 topics
The nature of the basic economic problem Read Factors of production Read Opportunity cost Read Production possibility curve (PPC) diagrams Read
02

The allocation of resources

10 topics
The role of markets in allocating resources Read Demand Read Supply Read Price determination Read Price changes Read Price elasticity of demand (PED) Read Price elasticity of supply (PES) Read The market economic system Read Market failure Read The mixed economic system Read
03

Microeconomic Decision Makers

7 topics
Money and banking Read Households Read Workers Read Firms Read Firms and production Read Firms' costs, revenue and objectives Read Types of markets Read
04

Government and the Macroeconomy

7 topics
Government macroeconomic intervention Read Fiscal policy Read Monetary policy Read Supply-side policy Read Economic growth Read Employment and unemployment Read Inflation Read
05

Economic Development

4 topics
Living standards Read Poverty Read Population Read Differences in economic development between countries Read
06

International Trade and Globalisation

4 topics
Specialisation and free trade Read Globalisation and trade restrictions Read Foreign exchange rates Read Current account of the balance of payments Read

Test yourself on Economics

43 key terms pulled from every topic in this subject — rate each one as you go so review time goes to what you don't know yet.

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