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.
Throughout your course, you'll have the support of a Tutor to guide you. Additionally, you can reach out to the Student Support Team for help with any other questions you may have. 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