GCSE Economics Overview

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Course Overview

Economics

This subject looks at economic activity through consumers, producers and government prospective. Pupils are presented with opportunities to focus on real-world issues. They would need to consider and reflect upon moral, ethical and sustainable issues that arise as a result of the impact of economic activity.

Pupils are expected to use their economic knowledge and skills to investigate national and global economic situations and issues from the last 15 years. They should also be aware of the policies that governments have used to attempt to manage these situations and issues.

By choosing this subject, pupils will develop quantitative skills relevant to the subject content. They should be able to make relevant calculations from economic data and be able to interpret data presented in the form of graphs and charts.

Additional Equipment Needed

Pen, paper, text book, access to current affairs via the Internet, Newspapers, TV and Magazines.

Assessment Details:

To be successful pupils will need to be able to:

Complete two written exams comprising of:

How Markets Work – 50% of total GCSE - Section A: 10 multiple choice questions followed by a range of calculation, short and extended response questions and section B: five questions involving a mix of calculations, short and extended responses.

How Economies work - 50% of total GCSE - Section A: 10 multiple choice questions followed by a range of calculation, short and extended response questions and section B: five questions involving a mix of calculations, short and extended responses.

What can I do to support my child at home?

Discuss the news in relation to economics events and the impact of current affairs on the economy
Learn key words which can be found in the glossary that students will be given in class or in the GCSE textbook
Review case studies that can be found on the BBC News website under the economy tab
Ensure homework set on OneNote or paper based is completed fully
Ask your child to explain what they have learnt today
Choose an article from the BBC about economic events and discuss it with your child