IGCSE Economics 0455 Chapter 2 | The allocation of resources | 2023 - 2025 syllabus

Welcome!
This is the second video of the new economics series that I decided to make in preparation for the oct/nov exams coming up and the future exams that you may take.

In todays video i cover the following topics ( based on the syllabus):

2.1 Microeconomics and macroeconomics**
2.2 The role of markets in allocating resources**
2.3 Demand**
2.4 Supply**
2.5 Price determination**
2.6 Price changes**
2.7 Price elasticity of demand (PED) and Price elasticity of supply (PES)**
2.9 Market economic system**
2.10 Market failure**
2.11 Mixed economic system**

Below are some important documents that I have used throughout this course:
Economics syllabus:

Economics notes:

Old igcse Economics playlist I made:

Igcse economics summary:

Thanks for watching!
Stay tuned for the next chapter!

[rishitwadhwani]

Hi brother, please post more chemistry videos and complete the syllabus and keep doing this brother you literally changed my grades of chemistry from D to A*. Love you brother keep growing 💪❤

[latifa.a]

we WANT ALL THE CHAPTERS BEFORE OUR EXAMS, ,,YOUR CONTENTS ARE REALLY HELPFULL !