2 Resource allocation
This section of the Cambridge IGCSE Economics (0455) syllabus examines the role of markets (the price mechanism) in allocating resources in the economy. Unit 2 covers the following topics (click on the relevant hyperlink to access the InThinking resources for this section of the syllabus):
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2 Resource allocation
2.11.2 Government intervention to address market failure
Unit 2.11.2 - Government intervention to address market failureThis section of the Cambridge IGCSE Economics (0455) syllabus...
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2 Resource allocation
2.11 Mixed economic system
Unit 2.11 - Mixed economic systemThis section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics:Definitions,...
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2 Resource allocation
2.10 Market failure
Unit 2.10 - Market failureThis section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics:With...
2 Resource allocation
2.9 Market economic system
Unit 2.9 - Market economic systemThis section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics:SectionTopicsGuidance2.9.1Definition...
2 Resource allocation
2.8 Price elasticity of supply
Unit 2.8 - Price elasticity of supply (PES)This section of the Cambridge IGCSE Economics (0455) syllabus covers the following...
2 Resource allocation
2.5 Price determination
Unit 2.5 - Price determinationThis section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics:Please...