IGCSE Economics (0455)

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IGCSE Economics (0455)

Welcome to our IGCSE Economics section!

All it takes to score high is your analytical skills that you need to use while solving case studies and structured questions. Also you must write fast as the papers are quite long and students usually get confused while selecting 3 questions out of the 7 optional questions. Another significant aspect about IGCSE Economics is that there are a total of around 55 chapters that are quite small and can be easily covered within the time span.

It is worth byhearting and understanding all the definitions and diagrams while revising Economics. Solving tons of past papers, recalling the right formula at the right time and writing precise answers are the skills that you need to develop for scoring high in your examinations.

To help you with your revision, we have compiled some of our economics notes that cover all the major aspects of the 2016-2019 IGCSE economics syllabus. Keep an eye out for extra free bonuses such as examiner’s tips, study tips, fun facts and more!

We hope you enjoy revising this subject and score an A* in it.

All the best!

IGCSE Economics Revsion Notes (Chapter-wise)

  1. Scarcity
  2. Factors of Production
  3. Opportunity cost
  4. Market and Mixed Economies
  5. Change in demand
  6. Change in Supply
  7. Equilibrium Price
  8. PED
  9. Market Failure
  10. Use of Resources
  11. Public Expenditure v/s Private Expenditure
  12. Specialisation,Exchange & Money
  13. Banks
  14. Stock Exchanges
  15. Choice of Occupation
  16. Differences in Earnings
  17. Changes in Earnings
  18. Trade Unions
  19. Motives for spending,saving and borrowing
  20. Differences in Expenditure Patterns
  21. Types of business organisations
  22. Demand for factors of production
  23. Cost of production
  24. Principle of profit maximisation
  25. Pricing and Output Stratergies
  26. Different size of firms and integration
  27. Economies of scale
  28. The government as a producer and an employer
  29. Aims of government
  30. The Government’s influence on Private Producers
  31. Conflicts between government aims
  32. Types of taxation
  33. Incidence and Impact of taxation
  34. Consumer Price Index
  35. Causes and consequences of Inflation and Deflation
  36. Employment
  37. Causes and consequences of Unemployment
  38. GDP and Economic Growth
  39. Living standards
  40. Different stages of Development
  41. Inequality and poverty
  42. Population Growth
  43. The Effects of Changes in Population
  44. Problems of development
  45. The Structure of BOP
  46. Changing patterns of exports and imports
  47. International Trade
  48. Exchange rates
  49. Changes in Exchange rates
  50. Freetrade and Protection