Full syllabus · 0455 · 2026
IGCSE Economics
6 topics · 39 subtopics
- 1
The basic economic problem
- 1.1The nature of the economic problem
- 1.2The factors of production
- 1.3Opportunity cost
- 1.4Production possibility curve (PPC) diagrams
- 2
The allocation of resources
- 2.1Microeconomics and macroeconomics
- 2.2The role of markets in allocating resources
- 2.3Demand
- 2.4Supply
- 2.5Price determination
- 2.6Price changes
- 2.7Price elasticity of demand (PED)
- 2.8Price elasticity of supply (PES)
- 2.9Market economic system
- 2.10Market failure
- 2.11Mixed economic system
- 3
Microeconomic decision makers
- 3.1Money and banking
- 3.2Households
- 3.3Workers
- 3.4Trade unions
- 3.5Firms
- 3.6Firms and production
- 3.7Firms’ costs, revenue and objectives
- 3.8Market structure
- 4
Government and the macroeconomy
- 4.1The role of government
- 4.2The macroeconomic aims of government
- 4.3Fiscal policy
- 4.4Monetary policy
- 4.5Supply-side policy
- 4.6Economic growth
- 4.7Employment and unemployment
- 4.8Inflation and deflation
- 5
Economic development
- 5.1Living standards
- 5.2Poverty
- 5.3Population
- 5.4Differences in economic development between countries
- 6
International trade and globalisation
- 6.1International specialisation
- 6.2Globalisation, free trade and protection
- 6.3Foreign exchange rates
- 6.4Current account of balance of payments