CIE IGCSE - Economics

CIE | IGCSE | Economics

The basic economic problem

The nature of the economic problem

The factors of production

Opportunity cost

Production possibility curve diagrams (PPC)

CIE | IGCSE | Economics

The allocation of resources

Microeconomics and macroeconomics

The role of markets in allocating resources 

Demand

Supply

Price determination

Price changes

Price elasticity of demand (PED)

Price elasticity of supply (PES)

Market economic system

Market failure

Mixed economic system

CIE | IGCSE | Economics

Microeconomic decision makers

Money and banking

Households

Workers

Trade unions

Firms

Firms and production

Firms’ costs, revenue and objectives

Market structure

CIE | IGCSE | Economics

Government and the macroeconomy

The role of government

The macroeconomic aims of government

Fiscal policy

Monetary policy

Supply-side policy

Economic growth

Employment and unemployment

Inflation and deflation

CIE | IGCSE | Economics

Economic development

Living standards

Poverty

Population

Differences in economic development between countries

CIE | IGCSE | Economics

International trade and globalisation

International specialisation

Globalisation, free trade and protection

Foreign exchange rates

Current account of balance of payments