The following topics will be covered in IGCSE Economics Class.

Unit 1 The basic economic problem

The nature of the economic problem

The factors of production

Opportunity cost

Production possibility curve (PPC) diagrams

Unit 2 The allocation of resources

Microeconomics and macroeconomics

The role of markets in allocating resources

Demand

Supply

Price determination

Price changes

Price elasticity of demand (PED)

Price elasticity of supply (PES)

Market economic system

Market failure

Unit 3 Microeconomic decision makers

Money and banking

Households

Workers

Trade unions

Firms

Firms and production

Firms’ costs, revenue and objectives

Market structure

Unit 4 Government and the macroeconomy

The role of government

The macroeconomic aims of government

Fiscal policy

Monetary policy

Supply-side policy

Economic growth

Employment and unemployment

Inflation and deflation

Unit 5 Economic development

Living standards

Poverty

Population

Differences in economic development between countries

Unit 6 International Trade and Globalisation

International specialisation

Globalisation, free trade and protection

Foreign exchange rates

Current account of balance of payments

Key Features:

Training Type: Online Live Interactive Session.

Experienced Faculty.

1 ON 1 Sessions

Access to Class Recordings.

Weekday / Weekend Classes.

Evening Schedule:

2 to 3 Days / Week

8:30 PM – 9:30 PM EST

9:00 PM – 10:00 PM EST

9:30 PM – 10:30 PM EST

10:00 PM – 11:00 PM EST

Morning Schedule:

2 -3 Days / Week

10:00 AM – 11:00 AM EST

10:30 AM – 11:30 AM EST

11:00 AM – 12:00 PM EST

11:30 AM – 12:30 PM EST

Please contact us, If you are looking for different schedule or need more information.

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