Economics (0455)

Last Update 16 December 2025
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About This Subject

Cambridge IGCSE Economics (0455) is an internationally recognised qualification that introduces learners to the principles of economics, resource allocation, and decision-making. The course develops analytical skills and helps learners understand how individuals, businesses, and governments interact in local and global markets, preparing them for further study in A Level Economics, Business, and social sciences.

Learning Objectives

Understand basic economic concepts, including scarcity, choice, and opportunity cost
Explore microeconomics, such as demand and supply, market structures, and consumer/producer behaviour
Study macroeconomics, including national income, inflation, unemployment, and fiscal/monetary policy
Learn about international trade, globalisation, and exchange rates
Analyse real-world economic problems and policies
Develop numerical, analytical, and problem-solving skills

Material Includes

  • Cambridge International syllabus-aligned content
  • Lesson notes, presentations, and case studies
  • Practice exercises and data analysis tasks
  • Past examination papers and mark schemes
  • Revision guides and exam practice questions
  • Assessment rubrics and evaluation exercises

Requirements

  • Requirements:
  • Completion of lower secondary Business Studies, Social Sciences, or equivalent
  • Basic numeracy, analytical, and literacy skills
  • Access to a computer or tablet with internet connectivity
  • Instructions:
  • Participate actively in lessons, exercises, and discussions
  • Complete assignments, past paper questions, and case studies
  • Apply economic theory to real-world scenarios
  • Revise regularly and practise exam-style questions
  • Use feedback to improve analysis, evaluation, and problem-solving skills

Target Audience

  • Learners aged 14–16 studying at IGCSE level
  • Students who have completed lower secondary Business Studies or Social Sciences
  • Learners interested in economics, business, finance, or social sciences
  • Students planning to pursue A Level Economics, Business, or related university courses

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Material Includes

  • Cambridge International syllabus-aligned content
  • Lesson notes, presentations, and case studies
  • Practice exercises and data analysis tasks
  • Past examination papers and mark schemes
  • Revision guides and exam practice questions
  • Assessment rubrics and evaluation exercises

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