Skip to content

Dashboard Courses Past Papers Study plan

IGCSE & IAL revision

Sign in Practise

Economics — 2020 Syllabus

Course Tutor
Course Resources
Specification

Revision Notes
Flashcards

Exam Questions
Saved questions
Practice Papers
Target Testroadmap

Syllabus coverage
Strengths & Weaknesses
Grade Boundaries

Economics — 2020 Syllabus

Every note, question and flashcard is written against the official specification and checked before it ships — anything not ready yet is marked as coming soon. How content is checked

SyllabAI Hub — revision for Edexcel IGCSE & IAL and Cambridge International qualifications.

Home/Cambridge International/IGCSE/Economics — 2020 Syllabus/Revision Notes

Cambridge International IGCSE Economics — 2020 Syllabus Revision Notes

Choose a topic to read concise revision notes — 79 notes across 38 subtopics, with examiner tips and worked examples.

1. The basic economic problem

· 4 notes

1The nature of the economic problem1 note
2The factors of production1 note
3Opportunity cost1 note
4Production possibility curve (PPC) diagrams1 note

2. The allocation of resources

· 13 notes

1Microeconomics and macroeconomics1 note
2The role of markets in allocating resources1 note
3Demand2 notes
- Demand, Price & Quantity
- Conditions of Demand
4Supply2 notes
- Supply, Price & Quantity
- Conditions of Supply
5Price determination1 note
6Price changes1 note
7Price elasticity of demand (PED)1 note
8Price elasticity of supply (PES)1 note
9Market economic system1 note
10Market failure1 note
11Mixed economic system1 note

3. Microeconomic decision makers

· 18 notes

1Money and banking2 notes
- Understanding Money
- Central & Commercial Banks
2Households1 note
3Workers4 notes
4Trade unions3 notes
5Firms3 notes
6Firms and production3 notes
7Firms’ costs, revenue and objectives2 notes
- Costs & Revenue
- Objectives of Firms

4. Government and the macroeconomy

· 13 notes

1The role of government1 note
2The macroeconomic aims of government2 notes
- The Five Macroeconomic Aims
- Conflicts Between Macroeconomic Aims
3Fiscal policy1 note
4Monetary policy1 note
5Supply-side policy1 note
6Economic growth3 notes
7Employment and unemployment3 notes
8Inflation and deflation1 note

5. Economic development

· 7 notes

1Living standards2 notes
- Indicators of Living Standards
- Living Standards & Income Distribution
2Poverty2 notes
- Causes of Poverty
- Policies to Alleviate Poverty
3Population2 notes
- Population Growth
- Effects of Changing Population Sizes
4Differences in economic development between countries1 note

6. International trade and globalisation

· 9 notes

1International specialisation1 note
2Globalisation, free trade and protection3 notes
3Foreign exchange rates2 notes
- Introduction to Exchange Rates
- Exchange Rate Fluctuations
4Current account of balance of payments3 notes

Not yet anchored to a spec point

These notes exist in the corpus without a machine-readable specification anchor — the spec-point mapping (still in progress upstream) will slot them into the tree.

Changes to the Factors of Production
Causes & Consequences
Government Intervention to Address Market Failure
The Significance of PED
Economies & Diseconomies of Scale
Competitive Markets
Monopoly Markets
Taxation
Fiscal Policy Measures
Policies to Generate Economic Growth
Consequences of Unemployment
Policies to Reduce Unemployment
Causes & Consequences of Inflation
Causes & Consequences of Deflation
Policies to Control Inflation & Deflation