Economics
Cambridge Upper Secondary
Why Study Cambridge IGCSE Economics?
Cambridge IGCSE Economics helps you to develop an understanding of economic theory, terminology and principles. You will study the economics of different countries and how these interrelate. You will also learn to work with simple economics data and to use the tools of economic analysis. This is an excellent foundation for advanced study in economics. (Cambridge Assessment International Education, n.d.)
Key concepts covered in the course
- The basic economic problem
- The allocation of resources
- Microeconomic decision makers
- Government and the macroeconomy
- Economic development
- International trade and globalisation
Prior requirements and hours of study
Cambridge IGCSE Economics requires about 130 hours of study. The number of hours needed may vary depending on your previous experience of the subject.
We do not expect learners starting this course to have previously studied Economics.
Examinations
Students studying Cambridge IGCSE Economics take two papers in a single examination series.
| Paper 1 | Duration | Weighting |
|---|---|---|
| Multiple Choice Questions | 45 minutes | 30% |
| Paper 2 | Duration | Weighting |
| Structured Questions | 2 hour 15 minutes | 70% |
Examination Entry
All students who complete the appropriate courses at Cambridge Online Academy are eligible to sit exams like the International GCSEs or A/AS Levels through Cambridge International. But while students can do all of their learning online at home, we cannot administer exams online. To sit exams, students must travel in person to one of 10,000 Cambridge International Exam Centres located in 160 countries around the globe.
But we’re here to help. We’ll provide you with all the necessary exam codes you need to present to the exam centre, and any other pertinent information you need to know to get your child signed up correctly.
Also, as part of the initial information, we provide during the pre-enrolment process, you’ll receive contact information for all the Cambridge International Exam Centres in your area. Once you’ve ensured that the exam centre of your choice offers the specific exam level your child needs, the exam centre will arrange accommodations for your child and give you detailed information on obtaining the results.
Course Fee
The fee for Cambridge International GCSE Economics can be paid in monthly or termly instalments.
For more information about Fees and Scholarships, please click here.
For more information about Cambridge IGCSE Economics, please click here.
For the full list of references, please click here.
Economics
Cambridge Advanced
Why Study Cambridge International AS & A Level Economics?
You will learn how to explain and analyse economic issues and arguments, evaluate economic information, and organise, present and communicate ideas and judgements clearly. The course covers a range of fundamental economic ideas, including an introduction to the price system and government intervention, international trade and exchange rates, the measurement of employment and inflation, and the causes and consequences of inflation. You will also study the theory of the firm, market failure, macroeconomic theory and policy, end economic growth and development. (Cambridge Assessment International Education, n.d.)
Key concepts covered in the course
- Scarcity and choice
- The margin and decision-making
- Equilibrium and disequilibrium
- Efficiency and inefficiency
- The role of government and the issues of equality and equity
- Progress and development
Prior requirements and hours of study
Cambridge International AS Level Economics requires about 180 hours of study, and Cambridge International A Level Economics requires about 360 hours of study. These figures are for guidance only. The number of hours needed may vary depending on your previous experience of the subject.
We recommend that students who are beginning this course should have previously completed a Cambridge International GCSE course in Economics.
It is also necessary that all A-Level students have IGCSE English Language or the equivalent at Grade C/4 or above.
Examinations
Students studying AS Level Economics only take two papers out of four in a single examination series.
Students studying A Level Economics take all four papers.
| Paper 1 | Duration | AS Level | A Level |
|---|---|---|---|
| AS Level Multiple Choice Questions | 1 hour | 33% | 17% |
| Paper 2 | Duration | AS Level | A Level |
| AS Level Data Response Questions and Essays | 2 hours | 67% | 33% |
| Paper 3 | Duration | AS Level | A Level |
| A Level Multiple Choice Questions | 1 hour 15 minutes | - | 17% |
| Paper 4 | Duration | AS Level | A Level |
| A Level Data Response Questions and Essays | 2 hours | - | 33% |
Examination Entry
All students who complete the appropriate courses at Cambridge Online Academy are eligible to sit exams like the International GCSEs or A/AS Levels through Cambridge International. But while students can do all of their learning online at home, we cannot administer exams online. To sit exams, students must travel in person to one of 10,000 Cambridge International Exam Centres located in 160 countries around the globe.
But we’re here to help. We’ll provide you with all the necessary exam codes you need to present to the exam centre, and any other pertinent information you need to know to get your child signed up correctly.
Also, as part of the initial information, we provide during the pre-enrolment process, you’ll receive contact information for all the Cambridge International Exam Centres in your area. Once you’ve ensured that the exam centre of your choice offers the specific exam level your child needs, the exam centre will arrange accommodations for your child and give you detailed information on obtaining the results.
Course Fee
The fee for Cambridge International AS & A Level Economics can be paid in monthly or termly instalments.
For more information about Fees and Scholarships, please click here.
For more information about Cambridge International AS & A Level Economics, please click here.
For the full list of references, please click here.