IGCSE Economics - The Complete Explainer (Topics 1–6)
Description
Welcome to Study Revision, your go-to podcast for mastering IGCSE subjects.
In this episode, we cover the entire IGCSE Economics syllabus — Topics 1 to 6 — giving you everything you need for Paper 1 (Multiple Choice) and Paper 2 (Structured Questions).
💡 What you’ll learn:
Topic 1 – The Basic Economic Problem
Understanding scarcity, choice, and opportunity cost.
Topic 2 – The Allocation of Resources
How market forces work, the role of demand and supply, and government intervention.
Topic 3 – Microeconomic Decision Makers
Households, workers, firms, and trade unions — and how they influence the economy.
Topic 4 – Government and the Macroeconomy
Fiscal and monetary policy, inflation, employment, and economic growth.
Topic 5 – Economic Development
Causes of poverty, inequality, and strategies for sustainable development.
Topic 6 – International Trade and Globalisation
Trade patterns, exchange rates, protectionism, and the balance of payments.
🎧 Perfect for revision sessions, long walks, or exam-day refreshers — this episode explains key concepts, real-world examples, and examiner tips in a way that’s clear, concise, and memorable.
📚 For students studying Cambridge IGCSE Economics (0455) or anyone curious about how economies work.
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