IGCSE Economics
Dates Available
- Week 1: 30 March – 3 April
- Week 2: 6 April – 10 April
- Week 3: 13 April – 17 April
Boards
Edexcel (Pearson) 4EC1
Length of Course
20 hours
Times
9am to 1pm or 2pm to 6pm
The course will cover both macro and micro economics (Paper 1 and Paper 2) and will make extensive use of past exam questions and mark schemes. Exam technique is one of the pillars of success in GCSE Economics and there will be emphasis on this as well as core knowledge and understanding. Paper 1 covers micro-economics and business economics whilst Paper 2 focuses on macro-economics and global economics.
Paper 1 content:
The market system: The economic problem, Economic assumptions, Demand, supply and market equilibrium, Elasticity, The mixed economy, Externalities. Business economics: Production, Productivity and division of labour, Business costs, revenues and profit, Business competition, The labour market, Government intervention.
Paper 2 content:
Government and the economy: Macroeconomic objectives, Government policies, Relationships between objectives and policies. The global economy: Globalisation, International trade, Exchange rates.
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