Economics 0455 Coursebook , IGCSE | Free PDF

1. Economic foundations: basic economic ideas, resource allocation, factors of production, opportunity cost.

2. Microeconomic principles: the price system, demand and supply, market equilibrium, elasticity, consumer and producer surplus.

3. Government microeconomic intervention: taxation, subsidies, price controls, market failure, externalities, competition policy.

4. Macroeconomic principles: national income, economic growth, inflation, unemployment, balance of payments.

5. Government macroeconomic intervention: fiscal policy, monetary policy, supply-side policies, trade policies, exchange rates.

6. Examination preparation: key concepts review, application of economic theories, practice questions, exam strategies.