IGCSE Economics 0455 syllabus

Cambridge's own syllabus, section by section, with every subtopic linked to its questions.

1 · The basic economic problem

1.1 The nature of the basic economic problem soon1.2 Factors of production soon1.3 Opportunity cost soon1.4 Production possibility curve (PPC) diagrams soon

1 · The basic economic problem

1.1 The nature of the economic problem 96 1.2 The factors of production 1581.3 Opportunity cost 1491.4 Production possibility curve (PPC) diagrams 114

2 · The allocation of resources

2.1 The role of markets in allocating resources soon2.2 Demand soon2.3 Supply soon2.4 Price determination soon2.5 Price changes soon2.6 Price elasticity of demand (PED) soon2.7 Price elasticity of supply (PES) soon2.8 Market economic system soon2.9 Market failure soon2.10 Mixed economic system soon

2 · The allocation of resources

2.1 Microeconomics and macroeconomics 28 2.2 The role of markets in allocating resources 34 2.3 Demand 1572.4 Supply 1262.5 Price determination 1502.6 Price changes 1082.7 Price elasticity of demand (PED) 1182.8 Price elasticity of supply (PES) 58 2.9 Market economic system 71 2.10 Market failure 2292.11 Mixed economic system 69

3 · Microeconomic decision-makers

3.1 Money and banking soon3.2 Households soon3.3 Workers soon3.4 Firms soon3.5 Firms and production soon3.6 Firms’ costs, revenue and objectives soon3.7 Types of markets soon

3 · Microeconomic decision makers

3.1 Money and banking 1643.2 Households 1103.3 Workers 2803.4 Trade unions 88 3.5 Firms 1703.6 Firms and production 1543.7 Firms’ costs, revenue and objectives 3313.8 Market structure 130

4 · Government and the macroeconomy

4.1 Government macroeconomic intervention soon4.2 Fiscal policy soon4.3 Monetary policy soon4.4 Supply-side policy soon4.5 Economic growth soon4.6 Employment and unemployment soon4.7 Inflation soon

4 · Government and the macroeconomy

4.1 The role of government 1554.2 The macroeconomic aims of government 80 4.3 Fiscal policy 3174.4 Monetary policy 1504.5 Supply-side policy 89 4.6 Economic growth 2274.7 Employment and unemployment 1864.8 Inflation and deflation 249

5 · Economic development

5.1 Living standards soon5.2 Poverty soon5.3 Population soon5.4 Differences in economic development between countries soon

5 · Economic development

5.1 Living standards 2455.2 Poverty 96 5.3 Population 2045.4 Differences in economic development between countries 208

6 · International trade and globalisation

6.1 Specialisation and free trade soon6.2 Globalisation and trade restrictions soon6.3 Foreign exchange rates soon6.4 Current account of the balance of payments soon

6 · International trade and globalisation

6.1 International specialisation 96 6.2 Globalisation, free trade and protection 2586.3 Foreign exchange rates 1336.4 Current account of balance of payments 208