IGCSE Economics Revision: Units 1

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Study Revision

Riley

13 episodes

22 minutes ago

Study Revision is your go-to podcast for concise and clear explanations on a wide range of topics across history, science, literature, and more. Whether you're prepping for exams or just looking to refresh your knowledge, each episode breaks down key concepts, important events, and essential details to help you understand and remember them better. Tune in for study tips, deep dives into significant topics, and quick reviews to boost your learning!

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IGCSE Economics Revision: Units 1 - 3 Breakdown

Study Revision

30 minutes 20 seconds

5 months ago

IGCSE Economics Revision: Units 1 - 3 Breakdown

Get exam-ready with this focused revision episode covering Units 1 to 3 of IGCSE Economics (0455 syllabus). We cover everything from scarcity and opportunity cost to how markets work and the role of microeconomic decision makers. Perfect for quick study sessions, last-minute prep, or reinforcing key concepts with clear explanations and real-world examples.

What we are covering in this episode of Study Revision:

Unit 1: The Basic Economic Problem - Scarcity, opportunity cost, and economic agents.

Unit 2: Allocation of Resources - Demand and supply, market equilibrium, elasticity, and market failure.
Unit 3: Microeconomic Decision Makers - Consumers, firms, workers, trade unions, and banks - how they make decisions and interact in the economy.