Economics Curriculum: Term 3




Welcome to Economics




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.

NameURL
Edexcel IGCSE Economics Specificationhttps://qualifications.pearson.com/en/qualifications/edexcel-international-gcses/international-gcse-economics-2017.html
Edexcel IGCSE Textbookhttps://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 
Quizletwww.quizlet.com
Tutor2u

https://www.tutor2u.net/

The Curious Economist

https://thecuriouseconomist.com/

Trading Economicshttps://tradingeconomics.com/ 


Assessments and Revision

NameDates
Unit 1.1 AssessmentSeptember 2025
End of Unit 1.1 AssessmentNovember 2025
Unit 1.2 AssessmentJanuary 2025
End of Unit 1.2 AssessmentMarch 2025
End of Y10 AssessmentMay 2025


Meet the team

NamePostiionEmail
John McLeanTeacher of Economicsjohn.mclean@bisad.ae
Margaret Ducie

Teacher of Business & Economics

margaret.ducie@bisad.ae

Last updated on 14/04/2025

Last updated by

Margaret Ducie