1 Basic econ problem

Unit 1 - The basic economic problem

The section of the Cambridge IGCSE Economics (0455) syllabus introduces students to the fundamental ideas and concepts that underpin the course and the academic discipline of economics. The basic economic problem is concerned with how best to allocate scarce resources in order to satisfy people’s unlimited needs and wants.

The following topics are covered (click on the relevant hyperlink to access the supporting resources):

 

Selected Pages

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