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CAIE IGCSE ECONOMICS (0455) SUMMARIZED NOTES 2023
- Summary • 18 pages • 2023
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CAIE IGCSE ECONOMICS (0455) SUMMARIZED NOTES 2023. The Basic Economic 
Problem 
1.1. Economic Problem 
There are too few productive resources to make all the 
goods and services that consumers need and want. 
Unlimited wants and limited resources 
Scarcity of resources is the basic economic problem 
Types of goods 
Economic goods: A good or service that has a degree of 
scarcity and therefore an opportunity cost. 
Free goods: A good or service that is not scarce and is 
available in abundance. F...
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Unit 1 - The Basic Economic Problem
- Summary • 4 pages • 2021
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This summarises Chapter 1 - The Basic Economic Problem of the CIE IGCSE Economics (0455) course.
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Chapter 3 - Microeconomics Decision Makers
- Summary • 21 pages • 2021
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This summarises Chapter 3 - Microeconomics Decision Makers of the CIE IGCSE Economics (0455) course.
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Chapter 2 - The Allocation of Resources
- Summary • 13 pages • 2021
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This summarises Chapter 2 - The Allocation of Resources of the CIE IGCSE Economics (0455) course.
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IGCSE Economics revision notes (CIE board, 0455)
- Summary • 103 pages • 2019
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Full syllabus of notes with explanations for IGCSE and GCSE Economics for the current exam board and syllabus. Basically your Economics book summarised in an accessible way. Got A* from revising from those notes!
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