Topic 3
3.3.2 Wage determination
Topic 3.3.2 - Wage determination This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand wage determination. This includes an understanding of: Wage determination...
Topic 3
3.7 Types of markets
Topic 3.7 - Types of markets This section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics. Click on the relevant hyperlink to access the resources. Note: diagrams / perfect...
Exams
Glossary of IGCSE Economics key terms
It is vital that students learn the key terms used in the Cambridge IGCSE Economics (0455) course. Click on the links below for the main key terms for the syllabus - these are arranged in alphabetical...
Topic 2
2.6.3 Determinants of PED
Topic 2.6.3 - Determinants of PED This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the main influences on whether demand is elastic or inelastic, i.e., the...
Topic 4
4.6.2 Measurement of unemployment
Topic 4.6.3 - Measurement of unemployment This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand: How unemployment is measured (using the Labour Force Survey)...
Blog
December 2025 Updates and Notices Free
December 2025 Updates and Notices Welcome to the final Updates & Notices of 2025! Many thanks to all teachers and students who have supported us this during the year. InThinking IGCSE Economics is now...
Topic 3
3.5 Firms and production
Topic 3.5 - Firms and production This section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics: Use the relevant hyperlink below to access other InThinking resources for this...
Topic 3
3.5.1 Demand for factors of production
Topic 3.5.1 - Demand for factors of production This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the demand for factors of production. This includes the demand...
Topic 1
1.3.1 Opportunity cost
Topic 1.3.1 - Opportunity cost "Economics brings into view that conflict of choice which is one of the permanent characteristics of human existence."- Lionel Robbins, The Economics Book: Big Ideas Simply...
Topic 3
3.6.3 Definition of revenue
Topic 3.6.3 - Definition of revenue For this section of the Cambridge IGCSE Economics (0455) syllabus, students are expected to be able to provide definitions of total revenue (TR) and average revenue...