GSQT – IGCSE Economics is an intensive Economics course. How will students launch IGCSE Economics syllabus?

IGCSE Economics syllabus provides an understanding of economic terminology, principles and basic theory – core knowledge to make decision in life. Specially, this subject will help students gain lifelong skills, including:

• An understanding of economic theory and applying microeconomics and macroeconomics in life.
• An understanding of economic impact between countries and individuals as well as society.
• A development of awareness about related issues when the economy changes.
• An inspiration for students to build their ambition, vision, mission, leadership, knowledge and skills to create and develop businesses in the future.

What IGCSE Economics syllabus includes? The syllabus consists of 8 chapters concerned with basic problems of economy and essential skills in the corporate environment.

1. Choice and the allocation of resources.
2. How the market works?
3. Producer and consumer.
4. Private firm and employee.
5. Role of government in an economy.
6. Economic indicators.
7. Trends in production, population and living standards of developed economies.
8. International aspects.

According to the topic, students will learn a lot of specific information such as price index, growth and recession, employment and unemployment, GDP and other measures of living standards, developed and developing countries, absolute and relative poverty, poverty reduction, population growth, quality of life, balance of payments, deficits and surpluses, exchange rate fluctuations, protectionism and free trade…

In general, IGCSE Economics syllabus is very broad, but it is mainly studied in the form of a foundation, which is the foundation for students to prepare for more intensive study in higher programs such as IB, AP, A-level… not too “cramming” them from the beginning. That’s why most students choose this interesting subject in their 2-year program.

Now, iTutor is providing home tutors for Economics courses and Economics international programs (IB Economics, AP Economics, A-level Economics, IGCSE Economics). For inquiries, please contact us directly or via email or hotline.