3.2 Households
This section of the Cambridge IGCSE Economics (0455) syllabus covers the following single topic:
| Section | Topics | Guidance |
| 3.2.1 | The influences on households’ spending, saving, and borrowing |
|
Essentially, students need to be able to understand the above interrelated factors that influence:
- household spending
- savings, and
- borrowing.
In IGCSE Economics, the term "households" refers to private individuals or groups of people who make economic decisions. They are considered one of the key economic agents in the economy, alongside firms, the government, and the foreign sector (exporters and importers).
Please click on the relevant hyperlink below to access other InThinking resources for this section of the syllabus.
- Unit 3.2 - True or False Quiz
- Unit 3.2 - Key terms
- Paper 1 - Exam practice questions (multiple choice questions)
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