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  1. IGCSE
  3. Economics Edexcel

Economics

Spec 4EC1

Free Edexcel IGCSE Economics revision: 1,268 exam-style questions and past papers from 2019–2025 with mark schemes.

Paper 1: Microeconomics and Business Economics

The market system

Business economics

Paper 2: Macroeconomics and the Global Economy

Government and the economy

The global economy

Assessment at a glance

AssessmentFormatDurationMarksWeighting
Paper 1: Microeconomics and Business EconomicsWritten exam1h 30m80 marks50%
Paper 2: Macroeconomics and the Global EconomyWritten exam1h 30m80 marks50%

Course aims & skills

Edexcel IGCSE Economics builds the skills examiners reward. By the end of the course you should be able to:

  • Apply economic concepts to real-world markets and data
  • Interpret and analyse numerical, graphical and diagrammatic information
  • Calculate and interpret economic values such as elasticity and exchange rates
  • Evaluate the effectiveness of government policies and interventions
  • Construct and interpret supply and demand diagrams
  • Analyse the causes and consequences of market failure
  • Assess the impact of globalisation and international trade on economies
  • Communicate economic arguments clearly using correct terminology
  • Weigh up conflicting economic objectives and reach a reasoned judgement

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