Economics GCSE
Satisficing
What Satisficing means in Economics GCSE, as defined for Pearson Edexcel.
Definition of Satisficing
Aiming for an acceptable or 'good enough' outcome rather than the absolute maximum.
Topics that use Satisficing
- Economic assumptions (Pearson Edexcel GCSE)
Related terms
Using Satisficing in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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