Topic 6
Video documentaries - MNCs
Video documentary 1 - KFC Watch this 15 minutes video, featuring an interview with a former KFC executive on the company's success in China and how it exploited a first-mover advantage back in 1987 when...
Topic 6
6.2.3 Role of multinational companies
Topic 6.2.3 - Role of multinational companies (MNCs) This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the role of multinational companies (MNCs) as well as...
Topic 4
4.7.3 - Causes of inflation
Topic 4.7.3 Causes of inflation This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the causes of inflation (namely demand-pull and cost-push inflation). There...
Topic 6
6.1.2 Free trade
Topic 6.1.2 - Free trade This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the: Explain two benefits to an economy that engages in free international trade. ...
Topic 3
3.4.3 Economies and diseconomies of scale
Topic 3.4.3 - Economies and diseconomies of scale This section of the Cambridge IGCSE Economics (0455) syllabus has two learning outcomes: Economies and diseconomies of scale Economies of scale enable...
Topic 3
3.6.2 Calculation of costs of production
Topic 3.6.2 - Calculation of costs of production The learning outcomes for this section of the Cambridge IGCSE Economics (0455) syllabus are: ATC = TC ÷ Q or ATC = AFC + AVC TFC = ATC × Q or TFC = TC –...
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Topic 4
4.2 True or False Quiz
Topic 4.2 - True or False Quiz To test your understanding of this topic in the Cambridge IGCSE Economics syllabus (Fiscal policy), have a go at answering the following true or false questions. True True...
Topic 1
1.3 Opportunity cost
Topic 1.3 - Opportunity cost "The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it."- Adam Smith, An Inquiry into the...
Topic 6
6.3 Foreign exchange rates Free
Topic 6.3 - Foreign exchange rates This section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics. Click on the relevant hyperlink below to access the InThinking resources for...
Topic 6
6.1.1 Specialisation by country
Topic 6.1.1 - Specialisation by country This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the: Definition of specialisation by country Specialisation occurs...