Cambridge Cambridge IGCSE Economics 0455 · 1

The basic economic problem

Code: 1
Topic of: Cambridge Cambridge IGCSE Economics 0455
Course: Cambridge IGCSE Economics 0455
Board: Cambridge

Grade boundaries·Cambridge command words

Codes and titles are read by a script from Cambridge's published specification and have not been checked by a person. What each point covers is in the specification itself: Cambridge’s specification.

Points under 1

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

Topics in 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