Economics 47 Physical Education

ECONOMICS

IGCSE

This course develops the basic tools of an economist to help students understand their place in and contribution to the local, national and global economy as consumers, workers and citizens. They will investigate a range of contemporary issues and analyse evidence from different perspectives so as to make informed decisions.

COURSE CONTENT

A new, two-paper model gives students better opportunities to prepare for and focus on different aspects of economics. We will test knowledge, understanding, analytical and evaluation skills around two themes:

Paper 1 - covered in Year 10:

● Microeconomics and Business Economics, covers the following areas: ● The market system ● Business economics

Paper 2 - covered in Year 11:

● Macroeconomics and the Global Economy, covers the following areas: ● Government and the economy ● The global economy

ASSESSMENT Year 10

Assessments in Year 10 will involve regular knowledge based tests followed by end of unit ‘examination style’ tests, culminating in an end of year examination.

Year 11

Ongoing assessment will continue as in Year 10, culminating in two GCSE examinations which assess all aspects of the course:

Both papers are equally weighted and follow the same format:

Examination of 1 hour 30 minutes, 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.

SKILLS REQUIRED

The following are skills which are both required for success and will be built upon during the course: Communication, problem solving, critical analysis and evaluation, data analysis, decision making, questions analysing and interpreting data

SPECIFICATION LINK

FURTHER STUDY

If you wish to continue with your studies at A Level, a minimum grade 6 at GCSE will be required, and a grade 6 in Mathematics is strongly recommended. An A Level in Economics is recommended for a degree in Economics as well as a range of related courses including Finance, Business, Law and Politics. The lifelong skills developed will be an asset to further study whichever career path you choose.