Skip Ribbon Commands
Skip to main content

Skip Navigation LinksCurriculum_Key Stage 4_188

 Economics

The Edexcel IGCSE in Economics is designed as a two-year course. As students’ progress through the course they are introduced to new ideas and concepts while continuing to use and reinforce previously learned concepts and skills. The course is designed to give students a sound understanding of economics, and the ability to use knowledge, skills and understanding appropriately in the context of individual countries and the global economy.

KEY SUBJECT AIMS

The Edexcel IGCSE in Economics qualification enables students to:

-  develop an understanding of economic concepts and apply these concepts to real-life situations

-  calculate, interpret and evaluate economic data in order to make reasoned arguments and informed judgements

-  develop an awareness of economic change and its impact on developing and developed economies

-  understand economic issues, problems and possible solutions that affect mixed economies

-  participate effectively in society as citizens, producers and consumers.

COURSE CONTENT

1 - The market system

2 - Business economics

3 - Government and the economy

4 - The global economy

METHOD OF ASSESSMENT

There are two exams at the end of two years:

Paper 1: Microeconomics and Business Economics – 1hr 30        50%

Paper 2: Macroeconomics and the Global Economy– 1hr 30         50%

CAREER OPTIONS

This subject can be continued both on to A-level, and into higher education at university.

It is an ideal subject choice for students considering working in finance and banking, business, law, government, stock brokerage, international financial markets, non-governmental organisations (NGOs), analysis and currency markets.