IGCSE Economics

Introduction

IGCSE Economics provide us with the understanding of economic terminology, principles and basic theory – valuable knowledge for making decisions in life. Studying IGCSE Economics, students can also learn to handle data, to analyze, evaluate economic information as well as understand the economy, the interrelation between developed and developing countries.

Objectives

Systematize the core knowledge of the subject

Become familiar with most IGCSE exam formats

Reduce pressure and study time

Improve scores effectively

Enhance independant thinking

Create a solid foundation for higher education

Characteristics

Quality teachers with extensive knowledge about students psychology

Teaching programs are based on international standards

Exclusive materials that closely follow the IGCSE formats

Personalized teaching method according to student progress

Commitment on IGCSE pass grade

Alternative to Practical completion support

Course content

Section 1: The basic economic problem

1.1 The nature of the economic problem

1.2 Factors of production

1.3 Opportunity cost

1.4 Production possibility curves

Section 2: The allocation of resources

2.1 Microeconomics and macroeconomics

2.2 The role of markets in allocating resources

2.3 Demand

2.4 Supply

2.5 Price determination

2.6 Causes of price changes

2.7 Price elasticity of demand

2.8 Price elasticity of supply

2.9 Market economic system

2.10 Market failure

2.11 Mixed economic system

Section 3: Microeconomic decision makers

3.1 Money and banking

3.2 Households

3.3 Workers

3.4 Trade unions

3.5 Firms

3.6 Firms and production

3.7 Firms' costs, revenue and objectives

3.8 Market structure

Section 4: Government and the macroeconomy

4.1 The role of government

4.2 The macroeconomic aims of government

4.3 Fiscal policy

4.4 Monetary policy

4.5 Supply-side policy

4.6 Economic growth

4.7 Employment and unemployment

4.8 Inflation and deflation

Section 5: Economic development

5.1 Living standards

5.2 Poverty

5.3 Population

5.4 Differences in economic development between countries

Section 6: International trade and globalisation

6.1 International specialisation

6.2 Free trade and protection

6.3 Foreign exchange rates

6.4 Current account of the balance of payments

Choose a form of study

Small class

Private tutoring group

1 plus 1

Related Courses

IGCSE Literature in English

Student achievement

Student's name

Lam Ngoc Thao Lam

Subject

Score:

IB Math AA HL

7/7

IB Physics HL

7/7

IB Chemistry HL

7/7

IB Economics

6/7

Student's name

Vo Le Minh Son

Subject

Score:

IB Math AI HL

6/7

IB Economics HL

6/7

Student's name

Huynh Thien Thanh

Subject

Score:

IB Math AA SL

6/7

IB Chemistry SL

6/7

Student's name

Nguyen Ha Dieu Anh

Subject

Score:

A Level Physics

A level Economics

Student's name

Luu Anh Vu

Subject

Score:

A Level Math