Cambridge 0455, 2025 syllabus (exams from 2027)

IGCSE Economics

Work through each lesson in order: read the note, learn the key terms, practise the diagrams, then answer real past-paper questions.

Start the course1.1 The nature of the basic economic problemUnit 1 · The basic economic problemStart

Course units

36 lessons · 545 past-paper questions
1The basic economic problem4 lessons0 of 4 done
  1. 1.1The nature of the basic economic problem12 questions · 1 key termStart
  2. 1.2Factors of production10 questions · 1 key termStart
  3. 1.3Opportunity cost12 questions · 1 key termStart
  4. 1.4Production possibility curve (PPC) diagrams12 questions · 1 key term · 4 diagram tasksStart
2The allocation of resources10 lessons0 of 10 done
  1. 2.1The role of markets in allocating resources14 questionsStart
  2. 2.2Demand13 questions · 1 key termStart
  3. 2.3Supply9 questions · 1 key termStart
  4. 2.4Price determination10 questions · 1 key termStart
  5. 2.5Price changes10 questions · 8 diagram tasksStart
  6. 2.6Price elasticity of demand (PED)13 questions · 1 key termStart
  7. 2.7Price elasticity of supply (PES)8 questions · 1 key termStart
  8. 2.8Market economic system6 questionsStart
  9. 2.9Market failure15 questions · 3 key termsStart
  10. 2.10Mixed economic system4 questions · 1 key termStart
3Microeconomic decision-makers7 lessons0 of 7 done
  1. 3.1Money and banking18 questions · 1 key termStart
  2. 3.2Households12 questions · 1 key termStart
  3. 3.3Workers29 questions · 1 key termStart
  4. 3.4Firms17 questionsStart
  5. 3.5Firms and production14 questions · 1 key termStart
  6. 3.6Firms' costs, revenue and objectives27 questions · 3 key termsStart
  7. 3.7Types of markets9 questionsStart
4Government and the macroeconomy7 lessons0 of 7 done
  1. 4.1Government macroeconomic intervention24 questionsStart
  2. 4.2Fiscal policy27 questions · 1 key termStart
  3. 4.3Monetary policy11 questions · 1 key termStart
  4. 4.4Supply-side policy10 questions · 1 key termStart
  5. 4.5Economic growth19 questions · 1 key termStart
  6. 4.6Employment and unemployment24 questions · 1 key termStart
  7. 4.7Inflation25 questions · 1 key termStart
5Economic development4 lessons0 of 4 done
  1. 5.1Living standards17 questions · 1 key termStart
  2. 5.2Poverty12 questions · 1 key termStart
  3. 5.3Population19 questions · 1 key termStart
  4. 5.4Differences in economic development between countries10 questionsStart
6International trade and globalisation4 lessons0 of 4 done
  1. 6.1Specialisation and free trade5 questionsStart
  2. 6.2Globalisation and trade restrictions27 questions · 2 key termsStart
  3. 6.3Foreign exchange rates20 questions · 1 key termStart
  4. 6.4Current account of the balance of payments21 questions · 1 key termStart

Exam practice