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IGCSE Economics
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- Syllabus
- Revision Sheet
- Syllabus Checklist
- Scheme of Work
- Exam Technique
- Command Words — A3 poster
- Lesson Plans — one page per topic
- 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
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
3. Microeconomic decision-makers 27 files
Handouts
Presentation slides
Exercise walk-through slides
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
Vocabulary
Topic Quizzes
Starter Quizzes
Exercise sheets
Past Paper Questions
Unit Tests
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
Unit Tests
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
- 1.1 The nature of the basic economic problem
- 1.2 Factors of production
- 1.3 Opportunity cost
- 1.4 Production possibility curve (PPC) diagrams
- 2.1 The role of markets in allocating resources
- 2.2 Demand
- 2.3 Supply
- 2.4 Price determination
- 2.5 Price changes
- 2.6 Price elasticity of demand (PED)
- 2.7 Price elasticity of supply (PES)
- 2.8 Market economic system
- 2.9 Market failure
- 2.10 Mixed economic system
- 3.1 Money and banking
- 3.2 Households
- 3.3 Workers
- 3.4 Firms
- 3.5 Firms and production
- 3.6 Firms' costs, revenue and objectives
- 3.7 Types of markets
- 4.1 Government macroeconomic intervention
- 4.2 Fiscal policy
- 4.3 Monetary policy
- 4.4 Supply-side policy
- 4.5 Economic growth
- 4.6 Employment and unemployment
- 4.7 Inflation
- 5.1 Living standards
- 5.2 Poverty
- 5.3 Population
- 5.4 Differences in economic development between countries
- 6.1 Specialisation and free trade
- 6.2 Globalisation and trade restrictions
- 6.3 Foreign exchange rates
- 6.4 Current account of the balance of payments
Topic quizzes
- 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
Starter quizzes
- 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
Unit tests
- 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
Mock papers
Course companion
Glossary
Topic handouts
- 1.1 The nature of the basic economic problem
- 1.2 Factors of production
- 1.3 Opportunity cost
- 1.4 Production possibility curve (PPC) diagrams
- 2.1 The role of markets in allocating resources
- 2.2 Demand
- 2.3 Supply
- 2.4 Price determination
- 2.5 Price changes
- 2.6 Price elasticity of demand (PED)
- 2.7 Price elasticity of supply (PES)
- 2.8 Market economic system
- 2.9 Market failure
- 2.10 Mixed economic system
- 3.1 Money and banking
- 3.2 Households
- 3.3 Workers
- 3.4 Firms
- 3.5 Firms and production
- 3.6 Firms' costs, revenue and objectives
- 3.7 Types of markets
- 4.1 Government macroeconomic intervention
- 4.2 Fiscal policy
- 4.3 Monetary policy
- 4.4 Supply-side policy
- 4.5 Economic growth
- 4.6 Employment and unemployment
- 4.7 Inflation
- 5.1 Living standards
- 5.2 Poverty
- 5.3 Population
- 5.4 Differences in economic development between countries
- 6.1 Specialisation and free trade
- 6.2 Globalisation and trade restrictions
- 6.3 Foreign exchange rates
- 6.4 Current account of the balance of payments
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
- 1.2 Factors of production
- 1.3 Opportunity cost
- 1.4 Production possibility curve (PPC) diagrams
- 2.1 The role of markets in allocating resources
- 2.2 Demand
- 2.3 Supply
- 2.4 Price determination
- 2.5 Price changes
- 2.6 Price elasticity of demand (PED)
- 2.7 Price elasticity of supply (PES)
- 2.8 Market economic system
- 2.9 Market failure
- 2.10 Mixed economic system
- 3.1 Money and banking
- 3.2 Households
- 3.3 Workers
- 3.4 Firms
- 3.5 Firms and production
- 3.6 Firms' costs, revenue and objectives
- 3.7 Types of markets
- 4.1 Government macroeconomic intervention
- 4.2 Fiscal policy
- 4.3 Monetary policy
- 4.4 Supply-side policy
- 4.5 Economic growth
- 4.6 Employment and unemployment
- 4.7 Inflation
- 5.1 Living standards
- 5.2 Poverty
- 5.3 Population
- 5.4 Differences in economic development between countries
- 6.1 Specialisation and free trade
- 6.2 Globalisation and trade restrictions
- 6.3 Foreign exchange rates
- 6.4 Current account of the balance of payments
Vocabulary lists
- 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
Flashcards
Weekly vocab tests
- Week 1 · Topic 1 · The basic economic problem
- Week 2 · Topic 1 · The basic economic problem
- Week 3 · Topics 1–2 · The basic economic problem, The allocation of resources
- Week 4 · Topic 2 · The allocation of resources
- Week 5 · Topic 2 · The allocation of resources
- Week 6 · Topic 2 · The allocation of resources
- Week 7 · Topic 2 · The allocation of resources
- Week 8 · Topics 2–3 · The allocation of resources, Microeconomic decision-makers
- Week 9 · Topic 3 · Microeconomic decision-makers
- Week 10 · Topic 3 · Microeconomic decision-makers
- Week 11 · Topics 3–4 · Microeconomic decision-makers, Government and the macroeconomy
- Week 12 · Topic 4 · Government and the macroeconomy
- Week 13 · Topic 4 · Government and the macroeconomy
- Week 14 · Topics 4–5 · Government and the macroeconomy, Economic development
- Week 15 · Topic 5 · Economic development
- Week 16 · Topics 5–6 · Economic development, International trade and globalisation
- Week 17 · Topic 6 · International trade and globalisation
- Week 18 · Topics 4–6 · Government and the macroeconomy, International trade and globalisation
Weekly homework
Exercise sheets
- Complete pack — exercise sheets + past papers
- 1 The basic economic problem — Part 1
- 1 The basic economic problem — Part 2
- 2 The allocation of resources — Part 1
- 2 The allocation of resources — Part 2
- 3 Microeconomic decision-makers — Part 1
- 3 Microeconomic decision-makers — Part 2
- 4 Government and the macroeconomy — Part 1
- 4 Government and the macroeconomy — Part 2
- 5 Economic development — Part 1
- 5 Economic development — Part 2
- 6 International trade and globalisation — Part 1
- 6 International trade and globalisation — Part 2
Past papers
- 1.1 The nature of the basic economic problem
- 1.2 Factors of production
- 1.3 Opportunity cost
- 1.4 Production possibility curve (PPC) diagrams
- 2.1 The role of markets in allocating resources
- 2.2 Demand
- 2.3 Supply
- 2.4 Price determination
- 2.5 Price changes
- 2.6 Price elasticity of demand (PED)
- 2.7 Price elasticity of supply (PES)
- 2.8 Market economic system
- 2.9 Market failure
- 2.10 Mixed economic system
- 3.1 Money and banking
- 3.2 Households
- 3.3 Workers
- 3.4 Firms
- 3.5 Firms and production
- 3.6 Firms' costs, revenue and objectives
- 3.7 Types of markets
- 4.1 Government macroeconomic intervention
- 4.2 Fiscal policy
- 4.3 Monetary policy
- 4.4 Supply-side policy
- 4.5 Economic growth
- 4.6 Employment and unemployment
- 4.7 Inflation
- 5.1 Living standards
- 5.2 Poverty
- 5.3 Population
- 5.4 Differences in economic development between countries
- 6.1 Specialisation and free trade
- 6.2 Globalisation and trade restrictions
- 6.3 Foreign exchange rates
- 6.4 Current account of the balance of payments
Specimen Papers
- Specimen Paper Answers Paper 1 (2027)
- Specimen Paper Answers Paper 2 (2020)
- Specimen Paper Answers Paper 2 (2027)
Example Candidate Responses
Syllabus Documents
- Economics 2026 Syllabus Document
- Economics 2026 Syllabus Update
- Economics 2027-2029 Syllabus Document
- Economics 2027-2029 Syllabus Update
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.