IGCSE Economics (0455)
Yet another exciting IGCSE subject that students find either super interesting, or super boring. If you observe things around you, a lot of it actually makes sense though.
Either way, we've crafted some rather unique set of revision notes tailored to help you cover as many concepts as possible, in the most timely and efficient manner!
Each topic has a quiz at the end. We recommend you spend at least 3-5 minutes to go through the quiz questions and answer them to the best of your ability. Don't worry if you get a few incorrect- eat, sleep, practice, and repeat!
Unit 1 - The Basic Economic Problem
The Basic Economic Problem - IGCSE Economics Revision notes
Welcome to the first unit of IGCSE Economics! In this chapter, we will cover topics some initial topics like ‘The nature of the economic problem’ to a bit more involved areas like ‘Production possibility curve (PPC) diagrams’.
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Unit 2 - Allocation of Resources
Allocation of Resources - IGCSE Economics Revision Notes
The study of economic systems includes traditional, market, command, and mixed economies. All of these systems attempt to answer the same questions. What should be produced? How much? How should goods be produced? And, for whom?
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Unit 3 - Microeconomic decision makers
Microeconomic decision makers - IGCSE Economics Revision
In unit 3 of IGCSE Physics, we take a look at the key drivers of microeconomic decisions and end with a short quiz to test your learnings!
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Unit 4 - Government and the macroeconomy
Government and the Macroeconomy - IGCSE Economics Revision
Welcome to Unit 4 of IGCSE Economics! In the next 8 bitesized sections, we will review the different aspects that connect the Government to the Macroeconomy.
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Unit 5 - Economic development
Economic Development - IGCSE Economics Revision Notes
Economic development is humanity’s ongoing quest to transform societies from mere survival to prosperity, where the true measure of progress lies not just in how much wealth a nation creates, but in how well that wealth translates into longer, healthier, and more fulfilling lives for its people.
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Unit 6 - International trade and globalisation
International Trade and Globalisation- IGCSE Economics notes
In Unit 6 of IGCSE Economics, we will look at how countries specialise, trade, and compete on the world stage, as this is perhaps the most crucial lesson for grasping why some societies prosper while others stagnate.
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Additional IGCSE Economics Resources
- Topical Past Paper Questions 📝
Basic Economic Problem Topical Past Paper Questions
We dug through a bunch of past papers and have prepared topical past paper questions, complete with a mark scheme for IGCSE Economics Unit 1 - The Basic Economic Problem.
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- Flashcards and a list of all definitions
IGCSE Economics Definitions and Flashcards - IGCSE Pro
IGCSE Economics has a bunch of jargons that might be new to you if you, especially if it is your first time indulging in econ coursework. In this page, we segment all the necessary definitions you should know and be prepared to answer.
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- IGCSE Economics Paper 2 Tips (and Tricks)
IGCSE Economics Paper 2 Exam Tips (and Tricks) - IGCSE Pro
In this guide we share our past experience preparing for IGCSE Economics Paper 2 and what worked for us to get an A* in the end!
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- IGCSE Economics Syllabus
Cambridge IGCSE Economics (0455)
The Cambridge IGCSE Economics syllabus develops an understanding of economic terminology and principles and of basic economic theory.
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More in this section coming soon! Make sure to bookmark this page for future reference!
