Q BankQuestion BankDocsDocuments

Q BankQuestion BankDocsDocuments

Cambridge IGCSE Economics (0455)

1. The basic economic problem

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

2.6.5—Significance of PED

Syllabus: 0455–2027–2028
Objective: 2.6.5
Level: —

2.6.5—Significance of PED

implications of PED for decision-making by consumers, workers, producers/firms and government

ConceptIGCSE Economics