Cambridge IGCSE and O Level Economics 3rd Edition

This series has been shaped by conversations with teachers and offers full syllabus coverage, with features to support a smooth journey across the Cambridge Pathway. Support your students as they explore the importance of economics in society, with engaging imagery and real-life examples to ensure topics are accessible for all students. All components include a digital version, with a user-friendly layout designed with accessibility in mind. Video content provides in-depth explanations on complex topics and help to contextualise subject-specific vocabulary to aid overall understanding. The digital teacher's resource provides additional lesson activities, ideas for differentiation and guidance on formative assessment. You will find additional exercises and practice questions in the workbook to help students prepare for assessment. Suitable for the Cambridge IGCSE, IGCSE (9-1) and O Level Economics syllabuses (0455/0987/2281) for examination from 2027.

Teaching inspiration, lesson ideas and downloadable worksheets our digital teacher's resource is the perfect tool to support your day-to-day lesson planning. It follows the same chapter structure as the coursebook, so you can confidently use it to support the content of your lessons. Discover additional support for your teaching, including advice on areas that students may find challenging and formative assessment guidance.

Features

• Teaching plans provide topic overviews of the content knowledge, skills and learning objectives.
• Clear guidance through starter, main and plenary activities to support lesson planning, differentiation and assessment for learning.
• Learning intentions and success criteria are included so you can easily copy and paste them into your own lesson plans.
• 'Language support' feature provides additional guidance on how to support students with language, particularly areas they may find challenging.
• 'Common misconceptions' feature explains how to identify where students are struggling and how to overcome these challenges.
• Suggested teaching hours for each chapter alongside a breakdown of the topics to guide you through the syllabus.
• Downloadable worksheets provide extra practice opportunities for key topics and language.
• Suggested answers for all questions in the coursebook and workbook.

CONTENTS

• Introduction
• Syllabus mapping
• How to use this series
• How to use this Teacher's Resource
• About the authors
• About the syllabus
• About the examination
• Approaches to teaching and learning
• Section 1. The basic economic problem
• Chapter 1. The nature of the economic problem
• Chapter 2. Factors of production
• Chapter 3. Opportunity cost
• Chapter 4. Production possibility curve diagrams
• Section 2. The allocation of resources
• Chapter 5. The role of markets in allocating resources
• Chapter 6. Demand
• Chapter 7. Supply
• Chapter 8. Price determination
• Chapter 9. Price changes
• Chapter 10 Price elasticity of demand (PED)
• Chapter 11. Price elasticity of supply (PES)
• Chapter 12. Market economic system
• Chapter 13. Market failure
• Chapter 14. Mixed economic system
• Section 2. Section 3. Microeconomic decision makers
• Chapter 15. Money and banking
• Chapter 16. Households
• Chapter 17. Workers
• Chapter 18. Firms
• Chapter 19. Firms and production
• Chapter 20. Firms' costs, revenue and objectives
• Chapter 21. Types of markets
• Section 4. Government and the macroeconomy
• Chapter 22. Government macroeconomic intervention
• Chapter 23. Fiscal policy
• Chapter 24. Monetary policy
• Chapter 25. Supply-side policy
• Chapter 26. Economic growth
• Chapter 27. Employment and unemployment
• Chapter 28. Inflation and deflation
• Section 5. Economic development
• Chapter 29. Living standards
• Chapter 30. Poverty
• Chapter 31. Population
• Chapter 32. Differences in economic development between countries
• Section 6. International trade and globalisation
• Chapter 33. Specialisation and free trade
• Chapter 34. Globalisation and trade restrictions
• Chapter 35. Foreign exchange rates
• Chapter 39. Current account balance of payments