IGCSE Economics is an internationally recognized qualification offered by Edexcel, CAIE & oxford AQA boards in UAE. It is designed for students between 14 to 16 years of age and is a two-three year course. It is equivalent to grades 9 & 10. IGCSE Economics aims to provide students with a fundamental understanding of economic principles and concepts. It is relevant for students who have an interest in economics, finance, business, public policy, or any field that involves decision-making and understanding how economies function.
The syllabus for IGCSE Economics covers a wide range of topics that introduce students to the fundamental principles of economics. The core topics typically include:
Basic Economic Problem: Understanding the allocation of scarce resources and the concept of opportunity cost.
The Price System and the Microeconomy: Exploring how markets work, supply and demand, elasticity, and the role of prices in allocating resources.
Government Intervention and Macroeconomics: Analyzing the role of the government in the economy, including fiscal and monetary policies, and understanding macroeconomic indicators like inflation and unemployment.
Economic Development and International Trade: Studying economic development, factors affecting development, and the benefits of international trade.
Specialization and Trade: Understanding the principles of specialization, comparative advantage, and trade between countries.
The Global Economy: Analyzing the impact of globalization on economies, trade agreements, and the role of international organizations like the World Trade Organization (WTO).
Economic Growth and Employment: Studying the factors that contribute to economic growth and how employment is influenced by economic conditions.
Inflation and Deflation: Understanding the causes and consequences of inflation and deflation in an economy.
Our focus is ensuring mastery of concepts and not memorization. Our study materials bundle is simple to go over after class, yet concomitantly entails all essential knowledge needed for the subject.
Students require individualised guidance, with constant motivation, clear expectations and deadlines to reach their maximum potential in a subject. Our instructors do so by directing them through personalised study roadmaps, and by fostering accountability and discipline in students through regular engagement and practice.
While students do fall behind in their grade due to gaps in knowledge of concepts
Helps make students ready for the Exam day. Regular review and evaluation reduces overall stress and boosts confidence. Students thus feel ready than ever to tackle the exam!
How can we help?
At UniHawk, our instructors will provide you with a wide array of resources alongside continual guidance. Here’s a sneak peak for you:
To develop these skills, students require guided practice. Here, a common way is working with past papers. It benefits them immensely when they receive expert insight and strategies while doing past papers.
Below, we offer an overview of each board and the specifications they offer:
Edexcel
CIE (Cambridge International Examinations)
AQA
These exam boards offer a wide range of Economics qualifications, and the choice of which to pursue depends on individual preferences and educational goals.
