Igcse economics Study guides, Revision notes & Summaries
Looking for the best study guides, study notes and summaries about Igcse economics? On this page you'll find 140 study documents about Igcse economics.
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Complete CIE IGCSE 0987/0455 Economics Flashcards
- Summary • 25 pages • 2023
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This set of flashcards includes every detail and point you would use in most (if not all) Paper 2 Structured Questions in the CIE IGCSE 0987/0455 specification. 
Through the 2 years of studying CIE IGCSE Economics in my school, I have compiled all of my lesson notes, online materials, further research, and exam mark schemes into this single file. 
This set of notes offered me great assistance to fortunately achieve a grade 9 in Economics and the Top of Economics award in my year in my school. ...
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Elasticity of demand, supply and income
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This document is the summary of everything you need to know about elasticity of demand, supply and income for the Pearson Edexcel IGCSE Economics exams. The definitions, equations, diagrams and factors affecting PED and PES are also included with detailed explanation. This is a perfect summary to read before getting into the lesson and this will guide you through weeks worth information in the best way possible.
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IGCSE Economics Microeconomics (EDEXCEL) Notes
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IGCSE Edexcel Economics Microeconomics notes (first half of the Pearson textbook). This can be used for revision for Paper 1 of the Edexcel IGCSE Economics course. Includes diagrams and perfect answers in bullet points (perfect for long-answer questions!)
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IGCSE Economics Definitions.
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IGCSE Economics Definitions 
 
 
 
 
 
 
 
 
 
 
ABNORMAL PROFIT	The surplus of revenue over costs enjoyed by a monopoly that is in excess of profit the same firm could expect to earn if it faced competition for its market. 
 
ABSOLUTE ADVANTAGE	The ability of a country or region to produce a good or service at a lower average cost per unit than any other country or region is able to. 
 
ABSOLUTE POVERTY	An economic condition of lacking both money and basic necessities needed to successfully l...
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IGCSE ECONOMICS EDEXCEL SUMMARY (whole syllabus!!)
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This is the whole IGCSE Economics Syllabus summarized, with easy-to understand terminology, definitions and some diagrams. Furthermore, each point is separated into bullet points for easy note taking! I hope this helps with your studies!
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IGCSE Economics exam latest update A+ graded
- Exam (elaborations) • 13 pages • 2023
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IGCSE Economics exam latest update A+ graded 
 
 
 
 
 
 
 
 
 
 
Definition of opportunity cost - answer 
 
The effects of opportunity cost on workers - answer 
 
The production possibility curve represents - answer 
 
How can a country be on its PPC? - answer 
 
A movement along the PPC results in - answer 
 
in order for the PPC to shift outwards, there must be - answer 
 
The two ways for economic growth are - answer 
 
The market system refers to - answer the method of ...
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IGCSE Economics Macroeconomics (EDEXCEL) Notes
- Summary • 17 pages • 2023
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IGCSE Edexcel Economics Macroeconomics notes (second half of the Pearson textbook). This can be used for revision for Paper 2 of the Edexcel IGCSE Economics course. Includes diagrams and perfect answers in bullet points (perfect for long-answer questions!). Good Luck!
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Summary IGCSE Economics
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IGCSE Economics 
Economics - The study of how scarce resources can be allocated to satisfy people’s unlimited wants. 
Scarcity - When there are not enough resources to satisfy our wants and needs. 
Resources - The inputs that are used in the production process to produce goods and services. These are also called Factors of Production. Resources are limited. 
 Capital - Human-made goods that are used in the production of other goods. Payment comes in Interest 
 Entrepreneurs (Enterprise) ...
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IGCSE Economics 0455 Notes (Chapter 1-2) | The Basis Economic Problem
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IGCSE Economics 0455 Notes (Chapter 1-2) | The Basis Economic Problem. 
Need ⇒ goods or services necessary for survival 
Want ⇒ goods or services NOT necessary for survival 
Finite resources ⇒ resources that will eventually run out 
Renewable resources ⇒ resources that can be replaced as they are used to produce 
goods or services 
The economic problem ⇒ limited resources and unlimited wants which leads to a 
problem called scarcity 
Scarcity ⇒ an economic problem where the resources...
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IGCSE Economics Exam|100 Complete Questions and Answers
- Exam (elaborations) • 7 pages • 2024
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IGCSE Economics Exam|100 Complete Questions and Answers
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CAIE IGCSE ECONOMICS (0455) SUMMARIZED NOTES 2023
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CAIE IGCSE ECONOMICS (0455) SUMMARIZED NOTES 2023. The Basic Economic 
Problem 
1.1. Economic Problem 
There are too few productive resources to make all the 
goods and services that consumers need and want. 
Unlimited wants and limited resources 
Scarcity of resources is the basic economic problem 
Types of goods 
Economic goods: A good or service that has a degree of 
scarcity and therefore an opportunity cost. 
Free goods: A good or service that is not scarce and is 
available in abundance. F...
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