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IGCSE Economics

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1 The basic economic problem 0 / 4 Watch lesson

1.1 The nature of the basic economic problem 1.2 Factors of production 1.3 Opportunity cost 1.4 Production possibility curve (PPC) diagrams

2 The allocation of resources 0 / 10 Watch lesson

2.1 The role of markets in allocating resources 2.2 Demand 2.3 Supply 2.4 Price determination 2.5 Price changes 2.6 Price elasticity of demand (PED) 2.7 Price elasticity of supply (PES) 2.8 Market economic system 2.9 Market failure 2.10 Mixed economic system

3 Microeconomic decision-makers 0 / 7 Watch lesson

3.1 Money and banking 3.2 Households 3.3 Workers 3.4 Firms 3.5 Firms and production 3.6 Firms' costs, revenue and objectives 3.7 Types of markets

4 Government and the macroeconomy 0 / 7 Watch lesson

4.1 Government macroeconomic intervention 4.2 Fiscal policy 4.3 Monetary policy 4.4 Supply-side policy 4.5 Economic growth 4.6 Employment and unemployment 4.7 Inflation

5 Economic development 0 / 4 Watch lesson

5.1 Living standards 5.2 Poverty 5.3 Population 5.4 Differences in economic development between countries

6 International trade and globalisation 0 / 4 Watch lesson

6.1 Specialisation and free trade 6.2 Globalisation and trade restrictions 6.3 Foreign exchange rates 6.4 Current account of the balance of payments