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Cambridge IGCSE Economics

1The basic economic problem

The basic economic problem in Cambridge IGCSE Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Topic86 practice questions5 lessons

In this topic

Lessons

  • The basic economic problem: scarcity and choice

    20 min

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  • Factors of production and their rewards

    25 min

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  • Opportunity cost

    25 min

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  • Production possibility curves: points and movements

    30 min

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  • PPC shapes and shifts

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

The basic economic problem: sample question

1 mark

Which of these is capital as a factor of production?

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