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Cambridge IGCSE Economics (0455)

1. The basic economic problem

1.1. The nature of the basic economic problem

1.2. Factors of production

1.3. Opportunity cost

1.4. Production possibility curve (PPC) diagrams

2. The allocation of resources

3. Microeconomic decision-makers

4. Government and the macroeconomy

5. Economic development

6. International trade and globalisation

IGCSE/CAIE/Economics//Concept/1. The basic economic problem

1. The basic economic problem

Syllabus: 0455–2027–2028
Section: 1
Level: —

Exam analysis

Most tested topics

The nature of the basic economic problem
Factors of production
Opportunity cost
Production possibility curve (PPC) diagrams