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IGCSE Economics
Study IGCSE Economics
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Downloads
- Syllabus 2-up
- Revision Sheet
- Syllabus Checklist 2-up
- Scheme of Work
- Exam Technique 2-up
- Command Words — A3 poster
- Lesson Plans — one page per topic 2-up
- Class Mark Book
1. The basic economic problem 18 files
Handouts
Presentation slides
Exercise walk-through slides
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
2. The allocation of resources 36 files
Handouts
Presentation slides
Exercise walk-through slides
- 2.1 The role of markets in allocating resources Past-paper walk-through
- 2.2 Demand Past-paper walk-through
- 2.3 Supply Past-paper walk-through
- 2.4 Price determination Past-paper walk-through
- 2.5 Price changes Past-paper walk-through
- 2.6 Price elasticity of demand (PED) Past-paper walk-through
- 2.7 Price elasticity of supply (PES) Past-paper walk-through
- 2.8 Market economic system Past-paper walk-through
- 2.9 Market failure Past-paper walk-through
- 2.10 Mixed economic system Past-paper walk-through
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
- 2.1 The role of markets in allocating resources 2-up
- 2.2 Demand 2-up
- 2.3 Supply 2-up
- 2.4 Price determination 2-up
- 2.5 Price changes 2-up
- 2.6 Price elasticity of demand (PED) 2-up
- 2.7 Price elasticity of supply (PES) 2-up
- 2.8 Market economic system 2-up
- 2.9 Market failure 2-up
- 2.10 Mixed economic system 2-up
Past Paper Questions
- 2.1 The role of markets in allocating resources 2-upAnswers2-up
- 2.2 Demand 2-upAnswers2-up
- 2.3 Supply 2-upAnswers2-up
- 2.4 Price determination 2-upAnswers2-up
- 2.5 Price changes 2-upAnswers2-up
- 2.6 Price elasticity of demand (PED) 2-upAnswers2-up
- 2.7 Price elasticity of supply (PES) 2-upAnswers2-up
- 2.8 Market economic system 2-upAnswers2-up
- 2.9 Market failure 2-upAnswers2-up
- 2.10 Mixed economic system 2-upAnswers2-up
Unit Tests
3. Microeconomic decision-makers 27 files
Handouts
Presentation slides
Exercise walk-through slides
- 3.1 Money and banking Past-paper walk-through
- 3.2 Households Past-paper walk-through
- 3.3 Workers Past-paper walk-through
- 3.4 Firms Past-paper walk-through
- 3.5 Firms and production Past-paper walk-through
- 3.6 Firms' costs, revenue and objectives Past-paper walk-through
- 3.7 Types of markets Past-paper walk-through
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
4. Government and the macroeconomy 27 files
Handouts
Presentation slides
Exercise walk-through slides
- 4.1 Government macroeconomic intervention Past-paper walk-through
- 4.2 Fiscal policy Past-paper walk-through
- 4.3 Monetary policy Past-paper walk-through
- 4.4 Supply-side policy Past-paper walk-through
- 4.5 Economic growth Past-paper walk-through
- 4.6 Employment and unemployment Past-paper walk-through
- 4.7 Inflation Past-paper walk-through
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
Past Paper Questions
5. Economic development 18 files
Handouts
Presentation slides
Exercise walk-through slides
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
6. International trade and globalisation 18 files
Presentation slides
Exercise walk-through slides
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
Past Paper Questions
2027 4 files
Specimen
2025 34 files
October / November session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
June session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
March session
2024 34 files
October / November session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
June session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
March session
2023 34 files
October / November session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
June session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
March session
2022 34 files
October / November session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
June session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
March session
2021 34 files
October / November session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
June session
- Paper 11 Questions Answers
- Paper 12 Questions Answers
- Paper 13 Questions Answers
- Paper 21 Questions Answers
- Paper 22 Questions Answers
- Paper 23 Questions Answers
March session
2020 4 files
Specimen
- IGCSE Economics — Question index 2-up
- 1.1 The nature of the basic economic problem 2-upAnswers2-up
- 1.2 Factors of production 2-upAnswers2-up
- 1.3 Opportunity cost 2-upAnswers2-up
- 1.4 Production possibility curve (PPC) diagrams 2-upAnswers2-up
- 2.1 The role of markets in allocating resources 2-upAnswers2-up
- 2.2 Demand 2-upAnswers2-up
- 2.3 Supply 2-upAnswers2-up
- 2.4 Price determination 2-upAnswers2-up
- 2.5 Price changes 2-upAnswers2-up
- 2.6 Price elasticity of demand (PED) 2-upAnswers2-up
- 2.7 Price elasticity of supply (PES) 2-upAnswers2-up
- 2.8 Market economic system 2-upAnswers2-up
- 2.9 Market failure 2-upAnswers2-up
- 2.10 Mixed economic system 2-upAnswers2-up
- 3.1 Money and banking 2-upAnswers2-up
- 3.2 Households 2-upAnswers2-up
- 3.3 Workers 2-upAnswers2-up
- 3.4 Firms 2-upAnswers2-up
- 3.5 Firms and production 2-upAnswers2-up
- 3.6 Firms' costs, revenue and objectives 2-upAnswers2-up
- 3.7 Types of markets 2-upAnswers2-up
- 4.1 Government macroeconomic intervention 2-upAnswers2-up
- 4.2 Fiscal policy 2-upAnswers2-up
- 4.3 Monetary policy 2-upAnswers2-up
- 4.4 Supply-side policy 2-upAnswers2-up
- 4.5 Economic growth 2-upAnswers2-up
- 4.6 Employment and unemployment 2-upAnswers2-up
- 4.7 Inflation 2-upAnswers2-up
- 5.1 Living standards 2-upAnswers2-up
- 5.2 Poverty 2-upAnswers2-up
- 5.3 Population 2-upAnswers2-up
- 5.4 Differences in economic development between countries 2-upAnswers2-up
- 6.1 Specialisation and free trade 2-upAnswers2-up
- 6.2 Globalisation and trade restrictions 2-upAnswers2-up
- 6.3 Foreign exchange rates 2-upAnswers2-up
- 6.4 Current account of the balance of payments 2-upAnswers2-up
Topic quizzes
- 1. The basic economic problem 2-up
- 2. The allocation of resources 2-up
- 3. Microeconomic decision-makers 2-up
- 4. Government and the macroeconomy 2-up
- 5. Economic development 2-up
- 6. International trade and globalisation 2-up
Starter quizzes
- 1. The basic economic problem 2-upAnswers2-up
- 2. The allocation of resources 2-upAnswers2-up
- 3. Microeconomic decision-makers 2-upAnswers2-up
- 4. Government and the macroeconomy 2-upAnswers2-up
- 5. Economic development 2-upAnswers2-up
- 6. International trade and globalisation 2-upAnswers2-up
Unit tests
- 1. The basic economic problem 2-upAnswers2-up
- 2. The allocation of resources 2-upAnswers2-up
- 3. Microeconomic decision-makers 2-upAnswers2-up
- 4. Government and the macroeconomy 2-upAnswers2-up
- 5. Economic development 2-upAnswers2-up
- 6. International trade and globalisation 2-upAnswers2-up
Mock papers
Course companion
Glossary
Topic handouts
- 1.1 The nature of the basic economic problem 2-up
- 1.2 Factors of production 2-up
- 1.3 Opportunity cost 2-up
- 1.4 Production possibility curve (PPC) diagrams 2-up
- 2.1 The role of markets in allocating resources 2-up
- 2.2 Demand 2-up
- 2.3 Supply 2-up
- 2.4 Price determination 2-up
- 2.5 Price changes 2-up
- 2.6 Price elasticity of demand (PED) 2-up
- 2.7 Price elasticity of supply (PES) 2-up
- 2.8 Market economic system 2-up
- 2.9 Market failure 2-up
- 2.10 Mixed economic system 2-up
- 3.1 Money and banking 2-up
- 3.2 Households 2-up
- 3.3 Workers 2-up
- 3.4 Firms 2-up
- 3.5 Firms and production 2-up
- 3.6 Firms' costs, revenue and objectives 2-up
- 3.7 Types of markets 2-up
- 4.1 Government macroeconomic intervention 2-up
- 4.2 Fiscal policy 2-up
- 4.3 Monetary policy 2-up
- 4.4 Supply-side policy 2-up
- 4.5 Economic growth 2-up
- 4.6 Employment and unemployment 2-up
- 4.7 Inflation 2-up
- 5.1 Living standards 2-up
- 5.2 Poverty 2-up
- 5.3 Population 2-up
- 5.4 Differences in economic development between countries 2-up
- 6.1 Specialisation and free trade 2-up
- 6.2 Globalisation and trade restrictions 2-up
- 6.3 Foreign exchange rates 2-up
- 6.4 Current account of the balance of payments 2-up
Lesson slides
- 1. The basic economic problem
- 2. The allocation of resources
- 3. Microeconomic decision-makers
- 4. Government and the macroeconomy
- 5. Economic development
- 6. International trade and globalisation
Lesson slides
- 1.1 The nature of the basic economic problem Past-paper walk-through
- 1.2 Factors of production Past-paper walk-through
- 1.3 Opportunity cost Past-paper walk-through
- 1.4 Production possibility curve (PPC) diagrams Past-paper walk-through
- 2.1 The role of markets in allocating resources Past-paper walk-through
- 2.2 Demand Past-paper walk-through
- 2.3 Supply Past-paper walk-through
- 2.4 Price determination Past-paper walk-through
- 2.5 Price changes Past-paper walk-through
- 2.6 Price elasticity of demand (PED) Past-paper walk-through
- 2.7 Price elasticity of supply (PES) Past-paper walk-through
- 2.8 Market economic system Past-paper walk-through
- 2.9 Market failure Past-paper walk-through
- 2.10 Mixed economic system Past-paper walk-through
- 3.1 Money and banking Past-paper walk-through
- 3.2 Households Past-paper walk-through
- 3.3 Workers Past-paper walk-through
- 3.4 Firms Past-paper walk-through
- 3.5 Firms and production Past-paper walk-through
- 3.6 Firms' costs, revenue and objectives Past-paper walk-through
- 3.7 Types of markets Past-paper walk-through
- 4.1 Government macroeconomic intervention Past-paper walk-through
- 4.2 Fiscal policy Past-paper walk-through
- 4.3 Monetary policy Past-paper walk-through
- 4.4 Supply-side policy Past-paper walk-through
- 4.5 Economic growth Past-paper walk-through
- 4.6 Employment and unemployment Past-paper walk-through
- 4.7 Inflation Past-paper walk-through
- 5.1 Living standards Past-paper walk-through
- 5.2 Poverty Past-paper walk-through
- 5.3 Population Past-paper walk-through
- 5.4 Differences in economic development between countries Past-paper walk-through
- 6.1 Specialisation and free trade Past-paper walk-through
- 6.2 Globalisation and trade restrictions Past-paper walk-through
- 6.3 Foreign exchange rates Past-paper walk-through
- 6.4 Current account of the balance of payments Past-paper walk-through
Vocabulary lists
- 1. The basic economic problem 2-up
- 2. The allocation of resources 2-up
- 3. Microeconomic decision-makers 2-up
- 4. Government and the macroeconomy 2-up
- 5. Economic development 2-up
- 6. International trade and globalisation 2-up
Flashcards
Weekly vocab tests
- Week 1 · Topic 1 · The basic economic problem 2-upAnswer key
- Week 2 · Topic 1 · The basic economic problem 2-upAnswer key
- Week 3 · Topics 1–2 · The basic economic problem, The allocation of resources 2-upAnswer key
- Week 4 · Topic 2 · The allocation of resources 2-upAnswer key
- Week 5 · Topic 2 · The allocation of resources 2-upAnswer key
- Week 6 · Topic 2 · The allocation of resources 2-upAnswer key
- Week 7 · Topic 2 · The allocation of resources 2-upAnswer key
- Week 8 · Topics 2–3 · The allocation of resources, Microeconomic decision-makers 2-upAnswer key
- Week 9 · Topic 3 · Microeconomic decision-makers 2-upAnswer key
- Week 10 · Topic 3 · Microeconomic decision-makers 2-upAnswer key
- Week 11 · Topics 3–4 · Microeconomic decision-makers, Government and the macroeconomy 2-upAnswer key
- Week 12 · Topic 4 · Government and the macroeconomy 2-upAnswer key
- Week 13 · Topic 4 · Government and the macroeconomy 2-upAnswer key
- Week 14 · Topics 4–5 · Government and the macroeconomy, Economic development 2-upAnswer key
- Week 15 · Topic 5 · Economic development 2-upAnswer key
- Week 16 · Topics 5–6 · Economic development, International trade and globalisation 2-upAnswer key
- Week 17 · Topic 6 · International trade and globalisation 2-upAnswer key
- Week 18 · Topics 4–6 · Government and the macroeconomy, International trade and globalisation 2-upAnswer key
Weekly homework
- Week 1 2-up
- Week 4 2-up
- Week 5
- Week 11 2-up
- Week 13
- Week 17 2-up
- Week 19
- Week 23 2-up
- Week 25
- Week 27 2-up
- Week 28
Exercise sheets
- Complete pack — exercise sheets + past papers 2-up
- 1 The basic economic problem — Part 1 2-upAnswer key
- 1 The basic economic problem — Part 2 2-upAnswer key
- 2 The allocation of resources — Part 1 2-upAnswer key
- 2 The allocation of resources — Part 2 2-upAnswer key
- 3 Microeconomic decision-makers — Part 1 2-upAnswer key
- 3 Microeconomic decision-makers — Part 2 2-upAnswer key
- 4 Government and the macroeconomy — Part 1 2-upAnswer key
- 4 Government and the macroeconomy — Part 2 2-upAnswer key
- 5 Economic development — Part 1 2-upAnswer key
- 5 Economic development — Part 2 2-upAnswer key
- 6 International trade and globalisation — Part 1 2-upAnswer key
- 6 International trade and globalisation — Part 2 2-upAnswer key
Past papers
- 1.1 The nature of the basic economic problem Answers
- 1.2 Factors of production Answers
- 1.3 Opportunity cost Answers2-up
- 1.4 Production possibility curve (PPC) diagrams Answers
- 2.1 The role of markets in allocating resources Answers
- 2.2 Demand Answers
- 2.3 Supply Answers
- 2.4 Price determination Answers
- 2.5 Price changes Answers
- 2.6 Price elasticity of demand (PED) Answers
- 2.7 Price elasticity of supply (PES) Answers
- 2.8 Market economic system Answers
- 2.9 Market failure Answers
- 2.10 Mixed economic system Answers
- 3.1 Money and banking Answers
- 3.2 Households Answers
- 3.3 Workers Answers
- 3.4 Firms Answers
- 3.5 Firms and production Answers
- 3.6 Firms' costs, revenue and objectives Answers
- 3.7 Types of markets Answers
- 4.1 Government macroeconomic intervention Answers
- 4.2 Fiscal policy Answers
- 4.3 Monetary policy Answers
- 4.4 Supply-side policy Answers
- 4.5 Economic growth Answers
- 4.6 Employment and unemployment Answers
- 4.7 Inflation Answers
- 5.1 Living standards Answers
- 5.2 Poverty Answers
- 5.3 Population Answers
- 5.4 Differences in economic development between countries Answers
- 6.1 Specialisation and free trade Answers
- 6.2 Globalisation and trade restrictions Answers
- 6.3 Foreign exchange rates Answers
- 6.4 Current account of the balance of payments Answers
Specimen Papers
- Specimen Paper Answers Paper 1 (2027) 2-up
- Specimen Paper Answers Paper 2 (2020) 2-up
- Specimen Paper Answers Paper 2 (2027) 2-up
Example Candidate Responses
Syllabus Documents
- Economics 2026 Syllabus Document 2-up
- Economics 2026 Syllabus Update 2-up
- Economics 2027-2029 Syllabus Document 2-up
- Economics 2027-2029 Syllabus Update 2-up
Teaching Support
Tips
Work the past papers with a pencil and draw a diagram for every question that implies one — even the ones that do not ask. Markers award for a correct, labelled diagram whether or not the question demanded it.
Mark yourself on four separate things: both axes labelled, curves named, the shift arrowed, the new equilibrium marked. Those are four scheme points, and candidates routinely produce a recognisable diagram that earns two of them.
Use the multiple-choice paper as a diagnostic, not as practice. Work one, then look only at what you got wrong and find which topic they cluster in — that is where the structured paper will catch you too.