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IGCSE Economics

The IGCSE Economics course will help you to understand economic problems, issues and possible solutions that affect economies. You will learn to apply everything you learn to real-life situations. Students will learn to appreciate interrelationships between microeconomics and macroeconomics.

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£295.00

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Course Description

The IGCSE Economics course is ideal for anyone wishing to gain knowledge and understanding of this subject. It will apply economic theory to support analysis of current economic problems and issues. This course will allow students to relate what they are learning around them locally, nationally and globally.

Support

The course will be delivered online including Tutor Support for two years. All assignments are marked by one of our professional Tutors who will offer regular feedback and guide you through your course. Postal assignments cannot be accepted without prior permission from the tutor and you must have access to email in order to contact your Tutor.

You will be provided with the telephone number for your dedicated Student Support Team who will be available for any other queries that you may have whilst completing your course. You can be assured that you will receive unlimited support for your home study course, so there is no need to struggle or feel isolated during your studies.

Assessment

The course contains a number of assignments which your tutor will mark and give you valuable feedback on. You will also have access to a range of online resources.

Students will be required to arrange and pay for their examinations at an approved centre when an examination forms part of the course. We can provide an extensive list of these centres for you.

Differences between Cambridge and Edexcel Exam boards.

Cambridge and Edexcel IGCSEs are international qualifications. Cambridge and Edexcel IGCSEs can be taken worldwide including the United Kingdom. Both exam boards offer a similar specification however different courses can have a different structure. Both the Cambridge and Edexcel courses are full International GCSE qualifications.

Fees

Course fees for payment in full include:

  • Assessment and feedback on all assignments.
  • Access to your personal Tutor via our online portal.
  • Access to a range of online resources, student materials, assessments, assignments, eBooks etc
  • Practice exam papers to prepare you for the real thing.
  • Tutor references and predicted grades once a satisfactory amount of work has been completed.
  • Help finding an exam centre for you to sit your exam

Cambridge

Cambridge Course Code(s)

IGCSE Economics (9-1): 0987

IGCSE Economics: 0455

(Please note, there is no difference in the course teachings for the two specifications, there only difference is the grade you will receive once you have taken the exams. 0987 is graded 9-1, 9 being the highest while 0455 is graded A* to G, A* being the highest.)

Cambridge Exams: June & November

Cambridge Study Hours: 130 hours


This IGCSE Economics CAIE Course will develop an understanding of economic theory, terminology and principles. Students study the economics of different countries and how these interrelate. They also learn to work with simple economics data and to use the tools of economic analysis. Students apply understanding of economics to current economic issues.

The Cambridge IGCSE Economics syllabus provides a foundation for further study, including Cambridge International AS & A Level Economics, or the equivalent.

Cambridge Modules

The basic economic problem

  • The nature of the economic problem
  • The factors of production
  • Production possibility curve (PPC) diagrams

The allocation of resources

  • Microeconomics and macroeconomics
  • The role of markets in allocating resources
  • Demand
  • Supply
  • Price determination
  • Price changes
  • Price elasticity of demand (PED)
  • Price elasticity of supply (PES)
  • Market economic system
  • Market failure
  • Mixed economics system

Microeconomic decision makers

  • Money and banking
  • Households
  • Workers
  • Trade unions
  • Firms
  • Firms and production
  • Firms’ costs, revenue and objectives
  • Market structure

Government and the macroeconomy

  • The role of government
  • The macroeconomic aims of government
  • Fiscal policy
  • Monetary policy
  • Supply-side policy
  • Economic growth
  • Employment and unemployment
  • Inflation and deflation

Economic development

  • Living standards
  • Poverty
  • Population
  • Differences in economics development between countries

International trade and globalisation

  • International specialisation
  • Globalisation, free trade and protection
  • Foreign exchange rates
  • Current account of balance of payments

Exam Papers:

Paper 1:

Written examination: 45 minutes

Availability: June and October

Assessment overview:  Multiple choice questions

30 marks

30% of grade

Paper 2:

Written examination: 2 hour 15 minutes

Availability: June and October

Assessment overview: Candidates answer one compulsory question and three questions from a choice of four.

90 marks

70% of grade

Edexcel

Edexcel Course Code(s): 4EC1

Edexcel Exams:  January and June

Edexcel Study Hours: 130 hours


This IGCSE Computer Science Edexcel Course will help you to understand and apply fundamental principles and concepts of computer science, including abstraction, decomposition, logic, algorithms and data representation. You will be able to analyse problems in computational terms through practical experience of solving such problems, including designing, writing and debugging programs. You will also gain an understanding of the impacts of digital technology to the individual and to wider society. For this specification, grades 9-1 are available.

Edexcel Modules

Microeconomics and Business Economics

1.1 The market system

  • The economic problem
  • Economic assumptions
  • Demand, supply and market equilibrium
  • Elasticity
  • The mixed economy
  • Externalities

1.2 Business economics

  • Production
  • Productivity and division of labour
  • Business costs, revenues and profit
  • Business competition
  • The labour market
  • Government intervention

Macroeconomics and the Global Economy

2.1 Government and the economy

  • Macroeconomic objectives
  • Government policies
  • Relationships between objectives and policies

2.2 The global economy

  • Globalisation
  • International trade
  • Exchange rates

Exam Papers

Paper 1: Microeconomics and Business Economics

Written examination: 1 hour 30 minutes

Availability: June only

Assessment overview: Consists of four compulsory questions, each worth

20 marks. The sub questions are a mixture of multiple-choice, short-answer, data response and open-ended questions.

80 marks

50% of the total international GCSE

Paper 2: Macroeconomics and the Global Economy

Practical examination: 1 hour 30 minutes

Availability: June only

Assessment overview: consisting of four compulsory questions, each worth

20 marks. The sub questions are a mixture of multiple-choice, short-answer, data response and open-ended questions.

80 marks

50% of the total International GCSE

Q&A

You do not need any prior learning knowledge or experience to take this course. This course is openly available to anyone who wishes to take part in a highly rewarding home study course, although you would be expected to have a reasonable standard of literacy.

You have the freedom to start the course at any time and continue your studies at your own pace for a period of up to 2 years from initial registration with the full support of your Tutor. You do not have to wait until September, when a traditional school starts. 

Once you enrol, you will be asked to fill in an enrolment form. On the form it will ask when you wish to complete by, so we can ensure you are supported right up to when you take your exams.

Once you enrol, you will have access to our online portal 24/7. Here you will find study materials that have been specially prepared by your tutor, there will be assessments, study notes, eBooks and assignments all relating to your course. Everything in this course is structured to follow the course specification, so all topics and units cover everything you need to learn. Your tutor will mark your work and give you written feedback on areas you need to improve or explain what you have done well. You can also ask your tutor questions if you get stuck on a topic or need something explaining a little more. 

When you approach the exams, your tutor will set you a series of practise exam papers so that you can know what to expect in your exam, and you can go into them feeling confident.

You will be provided with eBooks for this course. If you want to purchase physical books in addition, then we can provide you with the book ISBN numbers.

Students will be required to arrange and pay for their examinations (including any practicals they wish to take) at an approved centre. We can provide an extensive list of these centres for you.

All of our IGCSEs are available world wide. Meaning you can study with us from anywhere.

Cambridge, and Edexcel both have international exam centres, so you may be able to take the exams locally to you. Should you need any help finding a centre, then please do get in touch and we can assist you on this. 

We recommend that you are able to dedicate between 120 and 130 hours’ study time, plus additional time for completing assignments.

Yes, you can work at your own pace to complete this course. Despite having 24 months Tutor Support, once you enrol you will be asked when you wish to complete, and your tutor can work along side you to achieve this.

With online learning, having the flexibility is a real advantage. This allows you to set the pace. Take your time or Fast-track, get the qualification when you need it.

Cambridge and Edexcel IGCSEs are international qualifications. Cambridge and Edexcel IGCSEs can be taken worldwide including the United Kingdom. Both exam boards offer a similar specification however different courses can have a different structure. Both the Cambridge and Edexcel courses are full International GCSE qualifications.

It is recommended that you aim to book your examinations 4/6 month prior to sitting them to avoid late entry fee charges.  Additionally, we would advise that you contact a few exam centres and find out the best price, as they can fluctuate greatly. 

You will sit the same exam as thousands of students across the country in an exam centre, and achieve the same qualification as everyone else. IGCSE qualifications are recognised by universities employers, colleges and sixth form colleges, giving students a wide range of options in their education and career.

Just like sitting your IGCSEs in a school, your tutor will be able to provide you with predicted grades, transcripts, certificate of graduation, and references for further education applications. 

Of course, all of our courses are tailored to cover the entire specification and are split into topics. You will have assignments to complete on every topic where your tutor will give you feedback. If you are struggling with an aspect then you can message your tutor and they can provide more information for you.

As your exams approach, your tutor will set a series of exam papers for you to take, so you can get a feel for the real thing.

If you complete all of your assignments, and your practise exam papers then there is no reason why you shouldn’t achieve a top grade. 

Are you interested in this course?

If you are interested in this course then fill in this form to receive more information to your email. Alternatively click on the chat logo in the bottom right hand corner and contact us there. We will get back to you.