Economics IGCSE - Revision & Exam Preparation
Two-Year Self-Study Programme (5 hours/week)
Cambridge IGCSE Economics (0455) Examination · 2 years (60 weeks total)
What you'll learn - curriculum-aligned IGCSE Economics
Cambridge IGCSE Economics (0455). Two-Year Self-Study Programme (5 hours/week). Cambridge IGCSE Economics (0455) Examination. 2 years (60 weeks total). 5 hours per week. Approximately 400 hours over 2 years
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Syllabus & topics - revision notes and practice tests
Topics & modules
- Week 1: Introduction to EconomicsLesson 1.1 The Nature of Economics; Lesson 1.2 The Basic Economic Problem; Lesson 1.3 Economic and Free Goods
- Week 2: Factors of ProductionLesson 2.1 The Four Factors of Production; Lesson 2.2 Factor Mobility; Lesson 2.3 Quality and Quantity Changes
- Week 3: Opportunity Cost and ChoiceLesson 3.1 Understanding Opportunity Cost; Lesson 3.2 Decision-Making Processes; Lesson 3.3 Review and Assessment
- Week 4: Production Possibility CurvesLesson 4.1 Introduction to PPCs; Lesson 4.2 Points on PPCs; Lesson 4.3 PPC Movements and Shifts
- Week 5: Market Systems and Resource AllocationLesson 5.1 How Markets Work; Lesson 5.2 Key Resource Allocation Questions; Lesson 5.3 Price Mechanism Introduction
- Week 6: Demand TheoryLesson 6.1 Understanding Demand; Lesson 6.2 Demand Movements; Lesson 6.3 Demand Shifts
- Week 7: Supply TheoryLesson 7.1 Understanding Supply; Lesson 7.2 Supply Movements; Lesson 7.3 Supply Shifts
- Week 8: Price DeterminationLesson 8.1 Market Equilibrium; Lesson 8.2 Market Disequilibrium; Lesson 8.3 Price Changes
- Week 9: Elasticity of DemandLesson 9.1 Price Elasticity of Demand Concept; Lesson 9.2 PED Determinants and Significance; Lesson 9.3 PED and Revenue
- Week 10: Elasticity of Supply and ReviewLesson 10.1 Price Elasticity of Supply; Lesson 10.2 PES Applications; Lesson 10.3 Term 1 Review and Assessment
- Week 11: Market Economic SystemsLesson 11.1 Market Economy Characteristics; Lesson 11.2 Market System Advantages and Disadvantages; Lesson 11.3 Market System Examples
- Week 12: Market FailureLesson 12.1 Market Failure Concepts; Lesson 12.2 Causes of Market Failure; Lesson 12.3 Consequences of Market Failure
- Week 13: Mixed Economic SystemsLesson 13.1 Mixed Economy Definition; Lesson 13.2 Government Intervention Methods; Lesson 13.3 Government Intervention Effectiveness
- Week 14: Money and BankingLesson 14.1 Nature and Functions of Money; Lesson 14.2 Banking Systems; Lesson 14.3 Banking Applications
- Week 15: HouseholdsLesson 15.1 Household Spending Decisions; Lesson 15.2 Saving and Borrowing; Lesson 15.3 Household Economics Application
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