Welcome to Economics


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 Term 1 of your Economics GCSE journey, you'll delve into the fascinating world of government and the economy. This term is all about understanding the macroeconomic objectives that drive a nation's economic decisions. You'll explore the goals that governments aim to achieve, such as stability, growth, and employment. Moreover, you'll uncover the intricate web of government policies, from fiscal measures like taxation and spending to monetary policies affecting interest rates and money supply. What makes this term particularly exciting is connecting the dots between these objectives and policies, gaining insights into how governments shape their strategies to meet economic targets. This foundational knowledge is not only intellectually stimulating but also equips you with a practical understanding of how the real world of economics operates, setting you on a path towards informed economic citizenship.

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 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
Tutor2uhttps://www.tutor2u.net/
Quizletwww.quizlet.com
The Curious Economisthttps://thecuriouseconomist.com/
Trading Economicshttps://tradingeconomics.com/


Assessments and Revision

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Meet the team

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

Teacher of Economics & Business Studies

margaret.ducie@bisad.ae