Search this site
Embedded Files
Skip to main content
Skip to navigation
Microeconomics IGCSE
Home
Unit 1 - The basic economic problem
1.1 The nature of the econonomic problem
1.2 Factors of productions
1.3 Opportunity cost
1.4 Production possibility curve (PPC)
Unit 2 - The allocation of resources (key terms)
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
2.9 Market economic systems
2.10 Market failure
2.11 Mixed economic systems
Unit 2 review
Unit 3a - microeconomic decision makers - the individual
3.1 Money and banking
3.2 Households
3.3 Workers
3.4 Trade Unions
Unit 3b - microeconomic decision makers - the firm (key terms)
3.5 Firms
3.6 Firms and production
3.7 Costs, revenue and objectives
3.8 Market structure
Microeconomics IGCSE
Home
Unit 1 - The basic economic problem
1.1 The nature of the econonomic problem
1.2 Factors of productions
1.3 Opportunity cost
1.4 Production possibility curve (PPC)
Unit 2 - The allocation of resources (key terms)
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
2.9 Market economic systems
2.10 Market failure
2.11 Mixed economic systems
Unit 2 review
Unit 3a - microeconomic decision makers - the individual
3.1 Money and banking
3.2 Households
3.3 Workers
3.4 Trade Unions
Unit 3b - microeconomic decision makers - the firm (key terms)
3.5 Firms
3.6 Firms and production
3.7 Costs, revenue and objectives
3.8 Market structure
More
Home
Unit 1 - The basic economic problem
1.1 The nature of the econonomic problem
1.2 Factors of productions
1.3 Opportunity cost
1.4 Production possibility curve (PPC)
Unit 2 - The allocation of resources (key terms)
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
2.9 Market economic systems
2.10 Market failure
2.11 Mixed economic systems
Unit 2 review
Unit 3a - microeconomic decision makers - the individual
3.1 Money and banking
3.2 Households
3.3 Workers
3.4 Trade Unions
Unit 3b - microeconomic decision makers - the firm (key terms)
3.5 Firms
3.6 Firms and production
3.7 Costs, revenue and objectives
3.8 Market structure
1.1 The nature of the econonomic problem
Resources are scarce and wants are unlimited so there is scarcity. When resources are scarce then choices must be made and for every choice made there is an opportunity cost
1.1 The nature of the economic problem.pptx
1.1 – 1.4 – The Basic Economic Problem
“Economics is the social science that describes the factors that determine the production, distribution and consumption of goods and services.” (Source: Wikipedia) The Nature of the Eco…
Examiner's comments - basic economic problem
1- Understanding the Basic Economic Problem Revision Notes
CIE IGCSE Economics (0455) Categorised Past Paper Questions, Mark Schemes, quizes and Revision Notes. This free Economics site provides resource notes and categorized questions to help students with GCSE and IGCSE Economics revision.
Report abuse
Page details
Page updated
Report abuse
