Note :
Topic | Summary Notes + exam Tips | Detailed Notes |
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Topic 1- The Basic Economic Problem
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1.1-IGCSE-Economcis-Revision-Notes-The-basic-economic-problem 1.2-IGCSE-Economcis-Revision-Notes-The factors of production 1.3-IGCSE-Economcis-Revision-Notes-Opportunity-cost 1.4-IGCSE-Economcis-Revision-Notes-Production-possibiity-curve |
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Topic 2 The Allocation of Resources |
2.1 Microeconomics and macroeconomics 2.2 The role of markets in allocating resources 2.3 Demand 2.4 Supply 2.5 Price determination 2.6 Price changes 2.7 Price elasticity of demand (PED) 2.8 Price elasticity of supply (PES) 2.9 Market economic system 2.10 Market failure 2.11 Mixed economic system |
The Complete Topic 2 Notes Video Preview |
3 Microeconomic decision makers |
3.1 Money and banking 3.2 Households 3.3 Workers 3.4 Trade unions 3.5 Firms 3.6 Firms and production 3.7 Firms’ costs, revenue and objectives 3.8 Market structure |
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4 Government and the macroeconomy |
4.1 The role of government 4.2 The macroeconomic aims of government 4.3 Fiscal policy 4.4 Monetary policy 4.5 Supply-side policy 4.6 Economic growth 4.7 Employment and unemployment 4.8 Inflation and deflation
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5 Economic development |
5.1 Living standards 5.3 Population 5.4 Differences in economic development between countries
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6 International trade and globalisation
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6.1 International specialisation 6.2 Globalisation, free trade and protection 6.3 Foreign exchange rates 6.4 Current account of balance of payments
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