Pearson GCSE Economics

The Pearson Edexcel International GCSE Economics curriculum for Grades 10-11 (specification 4EC1) covers the core principles of economics through two key areas: The Market System (topics including the economic problem, demand and supply, market equilibrium, elasticity, the role of firms and consumers, market failure, and government intervention) and The UK Economy and Globalization (topics including measures of economic performance, aggregate demand and supply, government objectives and policies, exchange rates, globalization, and international trade) . The course is a linear qualification assessed through two externally examined papers at the end of the programmed—Paper 1 (1 hour 30 minutes, 50%) focusing on microeconomics and Paper 2 (1 hour 30 minutes, 50%) focusing on macroeconomics—with both papers featuring multiple-choice, short-answer, data response, and open-ended questions that test students' ability to apply economic concepts to real-world contexts

Subject

Economics

Access

Premium

Create a free student account to unlock lessons, notes, and quizzes for this course.