Cambridge IGCSE
International 🌍FoundationsCambridge IGCSE — tiered Core and Extended practice for eleven subjects, from Mathematics 0580 to Computer Science 0478.
📏 IGCSE subjects are tiered: Core candidates sit the shorter objective and structured papers for grades C to G, Extended candidates sit the same papers at a harder tier plus the Supplement, for A* to E. Typical weightings are 30-40% for the objective paper, 50-60% for the structured/theory paper and 20% for the practical or alternative-to-practical paper; syllabus codes and windows are printed on the question papers.
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Beginner skill
Scarcity and choice, the production-possibility curve, demand and supply with elasticity, and the market failures — public goods, merit and demerit goods, externalities — with the instruments used to correct them.
Economics — Basic Economic Ideas & the Price Mechanism
0/1 passedIntermediate skill
Costs, revenue and break-even, the four market structures, aggregate demand and supply with inflation, unemployment and growth, and the measurement and quality of economic development.
Economics — Markets, Firms & Development
0/1 passedSyllabus coverage · Economics
0/13 official topics · 0%13 topics still to cover
- Needs, wants, scarce resources and the problem of choice; opportunity cost and the production possibility frontierIGCSE Economics — Basic Ideas and the Price Mechanism →
- Factors of production, specialisation and the division of labour, and the circular flow of incomeIGCSE Economics — Basic Ideas and the Price Mechanism →
- Demand, supply and market equilibrium, and the extension/contraction of demand and supplyIGCSE Economics — Basic Ideas and the Price Mechanism →
- Price elasticity of demand and supply, income and cross elasticities, and what determines themIGCSE Economics — Basic Ideas and the Price Mechanism →
- The price mechanism, market failure and the role of government in allocating resourcesIGCSE Economics — Basic Ideas and the Price Mechanism →
- Consumer and producer surplus, and the incidence of indirect taxationIGCSE Economics — Basic Ideas and the Price Mechanism →
- Costs, revenues and profits; the size of firms, and economies and diseconomies of scaleIGCSE Economics — Markets, Firms, Government and Development →
- Market structures — perfect competition, monopolistic competition, oligopoly and monopoly — and price determinationIGCSE Economics — Markets, Firms, Government and Development →
- The labour market, trade unions, wage determination and government intervention in labour marketsIGCSE Economics — Markets, Firms, Government and Development →
- Poverty, inequality and the redistribution of income, and the measurement of economic developmentIGCSE Economics — Markets, Firms, Government and Development →
- Economic growth and development — indicators, sustainable growth and the policies that promote themIGCSE Economics — Markets, Firms, Government and Development →
- International trade, protectionism, exchange rates, the balance of payments and aid, debt and multinationalsIGCSE Economics — Markets, Firms, Government and Development →
- The microeconomics and macroeconomics of agriculture and industry in developing economiesIGCSE Economics — Markets, Firms, Government and Development →