Economics Curriculum: Term 3
Welcome to Economics at BIS AD!
Economics is an exciting, dynamic subject that allows students to develop an understanding of the complexities and interdependence of economic activities in a rapidly changing world.
The Edexcel IGCSE economics course aims to enable students to:
• develop a critical understanding of a range of economic theories, models, ideas and tools in the areas of macroeconomics and the global economy
• apply economic theories, models, ideas and tools, and analyse economic data to understand and engage with real-world economic issues and problems facing individuals and societies
• develop a conceptual understanding of individuals’ and societies’ economic choices, interactions, challenges and consequences of economic decision-making.
Our current learning
In the first term, students will dive into the fascinating world of the market system, where they'll explore the intricacies of the economic problem, economic assumptions, and the forces of demand, supply, and market equilibrium. You will learn how to analyze elasticity, a vital concept in understanding consumer behavior and price responsiveness. Moreover, economics reveals the dynamics of a mixed economy, highlighting the coexistence of public and private sectors. It will empower you to grasp the concept of externalities, shedding light on the broader societal impacts of individual economic choices. This foundation in economics not only equips students with valuable analytical skills but also imparts real-world insights crucial for informed decision-making in their academic and professional journeys.
Curriculum Overview
New Starters
As a new student, it's important to ensure you have the necessary resources to excel in your studies. To start, familiarize yourself with the syllabus and the glossary of key terms provided by your course materials. These documents will serve as essential roadmaps for your academic journey. Be sure to access your textbook regularly; it's a valuable source of in-depth knowledge and examples. Additionally, staying updated with current events is integral to understanding the practical applications of what you learn in the classroom. Commit to watching the news or accessing online publications at least once per week. Lastly, for effective revision, use websites like www.quizlet.com to create flashcards for key terms. Flashcards can help you reinforce your understanding and retention of important concepts. These steps will not only enhance your learning experience but also help you excel in your studies.
Resources List
These are the most common websites used within Economics.
Name | URL |
---|---|
Edexcel IGCSE Economics Specification | https://qualifications.pearson.com/en/qualifications/edexcel-international-gcses/international-gcse-economics-2017.html |
Edexcel IGCSE Textbook | https://www.amazon.ae/Pearson-Edexcel-International-Economics-Student/dp/043518864X/ref=sr_1_7?crid=2HG9DPTSYJECH&keywords=igcse+edexcel+economics+revision+guide&qid=1698383665&sprefix=IGCSE+Edexcel+Economics%2Caps%2C696&sr=8-7 |
Quizlet | www.quizlet.com |
Tutor2u | https://www.tutor2u.net/ |
The Curious Economist | https://thecuriouseconomist.com/ |
Trading Economics | https://tradingeconomics.com/ |
Assessments and Revision
Name | Dates |
---|---|
Unit 1.1 Assessment | September 2025 |
End of Unit 1.1 Assessment | November 2025 |
Unit 1.2 Assessment | January 2025 |
End of Unit 1.2 Assessment | March 2025 |
End of Y10 Assessment | May 2025 |
Meet the team
Name | Postiion | |
---|---|---|
John McLean | Teacher of Economics | john.mclean@bisad.ae |
Margaret Ducie | Teacher of Business & Economics | margaret.ducie@bisad.ae |
Last updated on 14/04/2025
Last updated by
Margaret Ducie