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Economics (0455) Definitions Revision Note

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CAIE IGCSE Economics – Definitions: concise glossary spanning the syllabus—basic economic problem, markets & price mechanism, demand/supply & elasticities, market failure & externalities, micro decision-makers, macroeconomy (GDP, inflation, unemployment, policy), development, and international trade/globalisation.  Ideal for quick revision of precise exam terminology and key concepts. 
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