Cambridge (CIE) IGCSE Economics Flashcards

2.1 The Role of Markets in Allocating Resources

2.2 Demand

2.3 Supply

2.4 Price Determination

2.5 Price Changes

2.6 Price Elasticity of Demand (PED)

2.7 Price Elasticity of Supply (PES)

2.8 Market Economic System

2.9 Market Failure

2.10 Mixed Economic System

3.1 Money & Banking

3.2 Households

3.3 Workers

3.4 Firms

3.5 Firms & Production

3.6 Firms' Costs, Revenue & Objectives

3.7 Types of Markets

4.1 Government Macroeconomic Intervention

4.2 Fiscal Policy

4.3 Monetary Policy

4.4 Supply-Side Policy

4.5 Economic Growth

4.6 Employment & Unemployment

4.7 Inflation

5.1 Living Standards

5.2 Poverty

5.3 Population

5.4 Differences in Economic Development Between Countries

6.1 Specialisation & Free Trade

6.2 Globalisation & Trade Restrictions

6.3 Foreign Exchange Rates

6.4 Current Account of the Balance of Payments