IGCSE Geography (0460

IGCSE Economics (0455)

The Cambridge IGCSE Economics syllabus develops an understanding of economic terminology and principles and of basic economic theory. Learners study the economics of developed and developing nations and how these interrelate. They also learn to handle simple data and undertake economic analysis, evaluate information and discriminate between facts and value judgments in economic issues.

A foundation for further study, the syllabus also encourages a better understanding of the world in which learners live, and helps them play an active part in the decision-making process, whether as consumers, producers or citizens of the local, national and international community.

Course components This is a summary of the topic areas that will be covered

• The basic economic problem • The allocation of resources • Microeconomic decision makers • Government and the macroeconomy • Economic development • International trade and globalization

Assessment:

Paper 1 Multiple Choice (45 minutes; 30 marks) Paper 2 Structured questions (2hr 15 minutes; 90 marks)