CIE · IGCSE · Economics
CIE IGCSE Economics Syllabus
The complete CIE IGCSE Economics specification mapped to 172 topics. Click any topic for free revision notes and practice questions.
Aggregate demand and aggregate supply
concepts and determinants
0 Qs
Aid and debt
forms of aid, advantages and disadvantages, debt problems
Applications of elasticity
taxation, subsidies and business decisions
0 Qs
Balance of payments
current account components, surpluses and deficits
0 Qs
Banking
commercial banks and central banks and their roles
0 Qs
Competitive and concentrated markets
perfect competition, monopoly and oligopoly
0 Qs
Costs of production
fixed, variable, total, average and marginal costs
0 Qs
Deflation
definition, causes and consequences
Demand
definition, conditions and shifts in demand
0 Qs
definition, individual and market demand
0 Qs
definition, individual and market demand, conditions of demand
0 Qs
Distribution of income and wealth
inequality and its causes and consequences
0 Qs
inequality and redistribution policies
0 Qs
Economic development
differences between developed and developing countries
0 Qs
Economic Development
Indicators of Development
0 Qs
Strategies for Growth
0 Qs
Economic development and living standards
HDI and other indicators
0 Qs
Economic growth
causes, consequences and measurement
0 Qs
definition, causes and consequences
Economic growth and development
differences between countries
0 Qs
Economic systems
market, planned and mixed economies
Employment and unemployment
measurement, types, causes and consequences
0 Qs
Equity, poverty and inequality
measurement and policies
Exchange rate systems
floating, fixed and managed exchange rates
0 Qs
Exchange rates
determination, appreciation and depreciation
0 Qs
determination, changes and effects on the economy
0 Qs
determination, fluctuations and effects on the economy
0 Qs
Factors influencing economic development
human, physical and institutional
0 Qs
Factors of production
land, labour, capital and enterprise
0 Qs
Firms
aims and growth of firms
0 Qs
costs of production (fixed, variable, average and marginal)
revenue and profit (total, average and marginal)
0 Qs
types of business organisation
0 Qs
Fiscal policy
government revenue, expenditure and budget positions
0 Qs
government spending, taxation and budget positions
0 Qs
government spending, taxation and the budget
0 Qs
Foreign direct investment (FDI)
causes and effects on developing economies
0 Qs
Free trade and protectionism
arguments, methods and effects
0 Qs
tariffs, quotas and other barriers
0 Qs
Globalisation
causes, consequences and impact on developed and developing economies
causes, consequences and the role of multinational companies
Government and firms
privatisation and nationalisation
Government and the Macroeconomy
Economic Objectives
0 Qs
Fiscal and Monetary Policy
0 Qs
Government intervention
maximum and minimum prices
0 Qs
regulation, state provision and privatisation
0 Qs
taxes, subsidies and their effects on markets
0 Qs
Government macroeconomic aims
growth, employment, price stability, balance of payments
0 Qs
Government microeconomic intervention
direct provision and regulation
0 Qs
maximum and minimum prices
0 Qs
price controls (maximum and minimum prices)
0 Qs
regulations, direct provision and information
0 Qs
taxes and subsidies
Government microeconomic policy
regulation, competition policy and consumer protection
0 Qs
Gross Domestic Product (GDP)
measurement and use as an economic indicator
0 Qs
Household income and expenditure
sources of income and spending decisions
Income elasticity of demand
concept, calculation and determinants
0 Qs
concept, calculation and implications
concept, calculation and interpretation
0 Qs
Inflation
definition, measurement using CPI and causes
0 Qs
definition, measurement, causes and consequences
0 Qs
Inflation and deflation
causes, measurement (CPI) and consequences
0 Qs
International trade
benefits, limitations and patterns of trade
0 Qs
reasons for trade, specialisation and comparative advantage
0 Qs
Labour market
demand for and supply of labour
0 Qs
Labour markets
demand for and supply of labour, wage determination
0 Qs
Market failure
externalities (positive and negative)
public goods and merit and demerit goods
0 Qs
public goods and merit/demerit goods
0 Qs
Market structure
competitive and monopoly markets
0 Qs
perfect competition, monopoly and oligopoly
Measures of development
HDI and other indicators beyond GDP
0 Qs
HDI, GDP per capita and other indicators
0 Qs
Measures of national income
GDP, GNI and GNP
0 Qs
Microeconomic Decision Makers
Monetary policy
interest rates, money supply and credit
0 Qs
Money
functions and characteristics
0 Qs
Multinational corporations (MNCs)
role, benefits and costs for host and home countries
0 Qs
National income
circular flow of income
0 Qs
GDP, GNI and measurement of national output
0 Qs
National income accounting
uses and limitations of national income data
Policies to promote economic development
aid, trade, investment and debt relief
0 Qs
Population
size, growth, age structure and dependency ratios
0 Qs
size, growth, structure and effects on the economy
Poverty
absolute and relative poverty, causes and policies to reduce poverty
0 Qs
Price changes
causes and effects on equilibrium price and quantity
0 Qs
effects of shifts in demand and supply on equilibrium
0 Qs
Price determination
equilibrium price and quantity
0 Qs
market equilibrium and disequilibrium
0 Qs
Price elasticity of demand
concept, calculation and determinants
0 Qs
concept, calculation and interpretation
0 Qs
implications for total revenue
0 Qs
significance for firms and governments
Price elasticity of supply
concept, calculation and determinants
0 Qs
concept, calculation and interpretation
0 Qs
Production possibility curves
interpretation and shifts
0 Qs
Profit
normal profit, supernormal profit and loss
0 Qs
Protectionism
methods, arguments for and against free trade
0 Qs
Revenue
total revenue, average revenue and profit
0 Qs
total, average and marginal revenue
0 Qs
Role of international institutions
IMF, World Bank and WTO
0 Qs
Strategies to promote economic development
aid, trade, investment and debt relief
0 Qs
Supply
definition, conditions and shifts in supply
0 Qs
definition, individual and market supply
0 Qs
definition, individual and market supply, conditions of supply
0 Qs
Supply-side policy
measures to increase productive capacity
0 Qs
Sustainability and the environment
environmental issues and government responses
0 Qs
Taxation
types, principles and effects (direct and indirect taxes)
0 Qs
The Allocation of Resources
Market Failure
0 Qs
Price Mechanism
0 Qs
The balance of payments
current account components and its significance
0 Qs
current account components and significance
0 Qs
The basic economic problem
scarcity and choice
0 Qs
scarcity, choice and opportunity cost
0 Qs
The circular flow of income
injections and withdrawals
0 Qs
The economic cycle (business cycle)
phases and characteristics
0 Qs
The role of government in labour markets
minimum wages and legislation
0 Qs
Trade unions
role, functions and impact on wages
0 Qs
Unemployment
definition, measurement, types and causes
0 Qs
types, causes and consequences
0 Qs
Wage determination
factors influencing wages and wage differentials
0 Qs
labour demand, labour supply and wage differentials
0 Qs
All topics
Aggregate demand and aggregate supply analysis
0 Qs
Allocation of Resources
Arguments for and against protectionism
0 Qs
Borrowing, lending, interest rates and consumer decisions
0 Qs
Business objectives and the role of the firm
Changing patterns of employment and occupational mobility
0 Qs
Conflicts between macroeconomic objectives
0 Qs
Consequences of inflation and deflation and policies to control them
0 Qs
Consequences of unemployment and policies to reduce it
0 Qs
Consumer and producer surplus
0 Qs
Consumer spending, saving and borrowing decisions
0 Qs
Determinants of price elasticity of demand
0 Qs
Determinants of price elasticity of supply
0 Qs
Economic Development
Economies and diseconomies of scale
0 Qs
Effects of exchange rate changes on trade, inflation and economic growth
0 Qs
Effects of population change on economic development and living standards
0 Qs
Factors affecting demand and shifts in the demand curve
0 Qs
Factors affecting supply and shifts in the supply curve
Factors of production
Government and the Macroeconomy
Government macroeconomic aims and conflicts between them
0 Qs
International specialisation and the principle of comparative advantage
0 Qs
International Trade and Globalisation
Introduction to Economics
Macroeconomic aims of government
0 Qs
Microeconomic decision makers
Microeconomics and macroeconomics
0 Qs
Microeconomics and macroeconomics as branches of economics
Multiplier effect
0 Qs
Opportunity cost and its application
Policies to control inflation and deflation
Policies to correct balance of payments disequilibrium
0 Qs
Policies to redistribute income and reduce poverty
0 Qs
Policies to reduce unemployment
0 Qs
Positive and normative economic statements
0 Qs
Price changes and their effects on markets
Price determination and market equilibrium
0 Qs
Production possibility curves
0 Qs
Reasons for differences in earnings
Supply-side policies
0 Qs
The multiplier effect
0 Qs
The role of international financial institutions (IMF, World Bank)
The role of money and financial institutions
Trade unions and their effects on wages and employment
0 Qs
Trade unions and their influence on wages and employment
0 Qs
Uses and limitations of national income statistics
0 Qs
Practise the whole syllabus.
Free, instantly-marked CIE IGCSE Economics questions across every topic above.
Start Free →