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.

This print and digital workbook provides additional exercises and practice questions to enable students to develop their skills. The activities in this resource can be used in class as further practice tasks or outside the classroom as homework. It follows the same chapter structure as the coursebook and teacher's resource, so you can confidently use it to support the content of your lessons. Activities gradually increase in difficulty to support students as they progress through the course, focusing on key skills including knowledge, evaluation and analysis.

Features

• Key skills activities support students as they progress through the course, with multiple stages focusing on a variety of skills including knowledge, evaluation and analysis.
• Practice questions enable students to practice what they have covered in each topic and prepare for assessment.
• Worked examples provide students with sample answers to help them understand how to approach each question.
• 'Improve this answer' exercises encourage students to assess an example answer and apply improvements to their own answers.
• Learning intentions at the start of each chapter provide students with a clear focus to support their learning.
• Key terms are highlighted in each chapter.
• Tips are included throughout the workbook to provide additional support for students.
• Includes answers to the exercises and practice questions in this resource.

CONTENTS

• How to use this book
• Introduction
• 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
• End of section 1 practice questions
• 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
• End of section 1 practice questions
• 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
• End of Section 3 practice question
• 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
• End of section 5 practice questions
• Section 5. Economic development
• Chapter 29. Living standards
• Chapter 30. Poverty
• Chapter 31. Population
• Chapter 32. Differences in economic development between countries
• End of section 5 practice questions
• 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
• End of section 6 practice questions