IGCSE Economics

IGCSE Online Academic Tutoring for Economics students gain an understanding of economic theory, terminology, and principles. Students in this course learn about different countries’ economic strategies, as well as their interdependence and impact on the global economy. Students also learn how to process various types of economic data using economic data analysis tools.

The IGCSE Economics syllabus consists of 6 topics which are:

  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 Globalization

The syllabus includes and develops the ability to use basic economic numeracy and literacy which helps in the daily decision-making process, uses examples from a variety of economies, and lays an excellent foundation for advanced study in economics. The primary goal of the course is to develop an understanding ability to process economic data and literacy to draw the correct conclusions. This course also serves as a solid foundation for furthering one’s studies in economics.


Syllabus at a Glance

Section Topics
Choice and resource allocation are fundamental economic problems.
  • economic problem
  • factors of production
  • opportunity cost
  • resource allocation
  • choice
  • production possibility curves.
The allocation of resources; the operation of the market; market failure
  • market and mixed economic systems
  • demand and supply analysis
  • price elasticity
  • market failure
  • social and private costs and benefits.
Individuals act as producers, consumers, and borrowers.
  • functions of money
  • exchange
  • central banks, stock exchanges and commercial banks
  • labour market
  • motives for spending, saving and borrowing.
As a producer and employer, the private firm
  • types and sizes of business organisation
  • demand for factors of production
  • costs and revenue
  • profit maximisation and other business goals
  • perfect competition
  • monopoly
  • advantages and disadvantages of increased scale.
The Government’s Role in the Economy
  • government as a producer and an employer
  • aims of government economic policy
  • fiscal, monetary and supply-side policies
  • types of taxation
  • possible policy conflicts
  • government and influence on private producers.
Indicators of the economy
  • price indices
  • inflation and deflation
  • employment and unemployment
  • GDP, economic growth and recession
  • GDP and other measures of living standards.
Developed and developing economies: production, population, and living standards trends
  • developed and developing countries
  • absolute and relative poverty
  • alleviating poverty
  • population growth
  • differences in living standards


Assessment Objectives

1. Knowledge with Understanding

Students should be able to demonstrate their knowledge and understanding in relation to:

economic facts, definitions, concepts, principles, and theories;
economic vocabulary and terminology.

2. Analysis

Students should be able to:
select, organise and interpret data;
apply economic knowledge and understanding in verbal, numerical, diagrammatic, pictorial and graphical form;
use economic data, to recognise patterns in such data, and to deduce relationships.

3. Judgement and Decision Making

Students should be able to:
distinguish between evidence and opinion, make reasoned judgements and communicate them in an accurate and logical manner;
recognise that economic theory is subject to various limitations and uncertainties;
evaluate the social and environmental implications of particular courses of economic action.

4. Critical Evaluation

Students should be able to:
draw conclusions from economic information and critically evaluate economic data;
communicate conclusions in a logical and concise manner.

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Scheme of Assessment

The assessment consists of two parts: Paper 1 (multiple choice) and Paper 2 (structured questions).

Both papers must be taken by candidates. Candidates are graded on a scale of A* to G.

45 minutes for Paper 1 Multiple Choice

  • Candidates must respond to 30 multiple-choice questions.
  • 30% of total available marks are weighted.

2 hours 15 minutes for paper 2 structured questions

  • Candidates must answer one mandatory question that requires them to interpret and analyse previously unseen data relevant to a real-world economic situation, as well as three optional questions from a set of six.
  • 70% of the total available marks are weighted.

Why Choose Manya's IGCSE Online Economics Academic Tutoring

Personalized 1:1 Tutoring

Personalized 1:1 Tutoring

Our experienced tutors provide 1:1 mentoring with undivided attention to personalize the learning experience.

Experienced Tutors

Experienced Tutors

Only trainers who have passed our stringent hiring process are eligible to teach. Learn from tutors who have studied and mastered the subject matter they are teaching.

Learn from Anywhere Anytime

Learn from Anywhere Anytime

Attend online classes from anywhere in the world from the comfort of your own home and avoid the hassles of travel.

Top Rated Live-Online Platform

Top Rated Live-Online Platform

Built-in TPR classroom with a chat interface and an interactive whiteboard, both of which can be used by the student and tutor to communicate.

Recorded Sessions

Recorded Sessions

Access to session recordings so that even if you miss a lecture, you can go back and review it whenever, wherever, and on whatever device you want. All notes and tutoring sessions are recorded and delivered after each session.

Regular Assignments

Regular Assignments

Assignments are provided covering all units that will add a simple end to end way for all academic worries.

Interested in ensuring that your child improves his/her
grades by studying with the best tutors?

IGCSE Economics Syllabus

The IGCSE curriculum focuses on developing young student’s minds to have knowledge, concepts, and skills in all areas. The program wise syllabus mentioned below:


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Aakanksha J Madhra


Post graduate in Zoology
Cleared National Eligibility test with AIR 40

Subject Specialties:


Aakanksha began her career as a research person and then moved on to reviewing the Quality of content for books published through renowned publishers for 11th and 12th grade. She is also one of the members to conduct training and workshops on how to design question papers for exams. She is a recipient of the best teacher award from GISR-IIWA foundation for contribution in the field of education.

We will very shortly get to see her books on biology be published and made available in the market.


“Aakanksha mam is very devoted towards her students learnings. Without a doubt she has strong sense of responsibility towdars her students, alowing them to learn more deeply. This attitude can be seen from here constant feedback she gives to her students, her enthusiasm in engaging her students, as well as her prompt replies whenever her students need his assistance over emails. So far, she is the tutor whom i feel puts in the most effort ans passion into her job, and she does her job extremely well.” – Tanisha Khodwal

“Aakansha ma’am, biology teacher always teaches us in an attractive and in a unique. She always helps us in clearing our doubts and out mistakes. She has been a wonderful teacher for every student. She is anytime ready to help her students and guide us towards success. She is someone who makes her students academically strong and encourage us to do better in life.” – Bhavya Narang

Guneet Banga


Degree in Information Technology

Subject Specialties:


Upgrading yourself every day and learning from your experiences with your students is what Guneet believes to be the only way to be successful as an online tutor. By helping students gain knowledge and in that way if a subject like Math, which is something that many students find frustrating, becomes a subject that they like, then you are a satisfied and dedicated teacher.

Gunneet considers dealing with mediocre children and working with them to scale up to be more satisfying than getting the cream of students to move from a 96% to 98% or 100%. This is where the potential and skill of a great teacher stands out from the crowd. 


Jaishree Soni


Post graduate in Chemistry

Subject Specialties:



Jaishree believes that online teaching has helped address multiple issues that arises in an offline set up. Personalised attention, ability of a student to freely express themselves, better networking opportunities, developing self discipline, being able to show case concepts visually to the students with the click of a button is what enhances her classroom experience.


“You did teach well i would understand the topic and you can explain the topic very easily” – kishan Pratap | Grade 12

“Good afternoon ma’am, according to me your teaching was excellent and the questions which you use to give us for were really tough but it helped us to learn the concept more properly and efficiently!!” – Niharia Rathore | Grade 12

Nidhi Tyagi


Post graduate in Chemistry
Pursuing her Ph.D. in Physical Chemistry

Subject Specialties:


Nidhi, a post graduate in Chemistry pursuing her Phd in Physical Chemistry, didn’t begin her career as a trainer. Little did she realise that her passion would be teaching, until she attended a training program conducted by an ed-tech firm on online training and delivery. 

In her class, the student is the owner of the class and her sessions revolve around a student centric approach as against a trainer centric approach.  The more you encourage a student to ask questions, the more the student understands the subject and the more the trainer learns and experiences as well.


“Nidhi is a great tutor. She nows more than google does” – Vera | Chemistry

“Very thorough tutor. Using outside knowledge as exaplmes to ensure comprehension.” – Llyanna | Chemistry

Sandhya Devi


Graduate in Mathematics
Certified online trainer - Tutor Vista

Subject Specialties:


Sandhya didn’t find her math sessions during her school days to be encouraging and motivating and she realised that this is something that only her teacher could have given her. Thus her primary goal is to make sure that none of her students feel the way she felt during her math sessions.

Online tutoring gives her the satiaction of making a difference in the life of a student even in the farthest of locations and she does this through visually engaging diagrams. Learning math not only becomes interesting but colorful and vibrant enabling students to remember the key concepts delivered.


“Mrs. Sandhya Devi has been my tuition teacher since I was in the fifth grade. Though math is one of my favorite subjects, Mrs. S helped make it much clearer. She has gone above and beyond her normal duties and has helped me solve tough assignments, beyond normal class hours. I am now a junior in high school and can easily solve tough calculus problems as I spent the summer being tutored By Mrs. S” – BHARAT J.




Subject Specialties:


Curiosity, inquisitivity and being able to relate to physics is a quality that Satyawan had in him from a very young age. He began to believe that science can provide you with required answers but gradually understood that physics can tell you how things work. In this journey his inclination was more towards Mechanics.

He believes in relating to real time examples in his classes to ensure his sessions are not the boring monotonous ones. Satyawan says, many people believe Physics is full of math & hence a student who does not like math, does not like physics too. But he has been able to show his students that physics & math cannot be combined. Math is only a tool used in physics. If students understand this well, his fear of the subject can be eliminated.


“Great tutor,very clear explanations to questions.”

“I understand the importance of units now! Thanks!”

“I appreciate how my tutor separated the problem into easier to understand chuncks. It made me realize that i actually had a better grasp on the subject than i originally thought.”

Shilpa Kamble


Post graduate in Microbiology
Bachelor of Education

Subject Specialties:


Shilpa affirms that technology has played a significant role in making sure that her classes are for sure one of the best. More so because students of these days are more engaged when learning is integrated with technology. Taking students through virtual tours of the concepts taught in class helps build engagement and encourages active participation from the students and Shilpa finds her students to have shown improvement in knowledge retention.


“I really liked it we actually communicated with each other we the person helped me with my question to the point were I understood it.” – Gary

“Overall  the tutor given me all the information I needed for my quiz tomorrow.” – Franklin

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What is IGCSE?

International General Certificate of Secondary Education (IGCSE) is a popular international curriculum for students ages between 14 to 16 years. This curriculum leads to globally recognized and valued Cambridge IGCSE qualifications. This falls under the Cambridge Secondary 2 Stage. 

Cambridge IGCSE has been developed through the extensive support extended by schools worldwide. Cambridge IGCSE provides excellent preparation for the Cambridge Advanced stage including International AS and A levels and Cambridge Pre-U. It caters to the changing needs and undergoes regular updates and extensions. Cambridge IGCSE trainers are provided with excellent support through resources, training and advice from experts. 

Cambridge IGCSE encourages learner centered and curiosity based approaches to learning. Skills such as creative thinking, enquiry and problem solving are developed and get students ready for the next stage in their education. Schools build their own curriculum to cater to the local needs and define learning outcomes and content. So the Cambridge IGCSE curriculum not only caters to being internationally relevant but also keeps in mind the needs of different cultures. 

The schools decide which subjects to offer and each subject is certified separately. There are over 70 subjects for students to choose and this includes more than 30 language courses that offer a wide variety of routes for learners with different abilities. 

Students develop their knowledge, understanding and skills in the subject content, applying the knowledge gained to real-time situations, developing curiosity in the nature around them and being flexible and responsive to change. Apart from the core subject related skills, students also learn to write and communicate effectively in English and also become culturally aware of people and situations around them. 

What are the key features of IGCSE?

IGCSE demands to learn a variety of criteria to gain knowledge and its application in daily life. It is valid on global standards and its primary medium of instruction is English. IGCSE focuses on student centric education and making the mind creative for learning. The curriculum is quite demanding and the approach is focused on application rather than just learning theory. Every subject under IGCSE is designed to learn from a global research perspective. It does not offer a prescribed syllabus and students can use a wide range of resources to learn from. Students get to learn a wide range of things in a better way. The coursework component on the IGCSE is optional as it is designed to accommodate the fact that in some countries there might be hurdles to performing lab experiments to taking fieldwork excursions. IGCSE prepares a student for international study as well as entry into international universities. Students who have done the IGCSE have a very strong understanding of foundational concepts built on in the IB DP. IGCSE is accessible to those of almost all levels of ability. The questions are often differentiated in terms of levels of difficulty to meet the needs of both the student as well as those who find academics challenging. If a child has strengths in assimilating knowledge and demonstrating this knowledge in exam conditions then IGCSE would certainly be a good option to choose. IGCSE is equally highly regarded as an international qualification by European universities and North American colleges. 

What are the advantages of IGCSE?

If you are a parent looking for the best school for your child, the options available are numerous. But the most important decision you may have to make is to choose the right board of education for your child. Recently, IGCSE board schools seem to have gained popularity and as a parent, you would definitely want to know the advantages of sending your child to one of the best IGCSE schools in India. IGCSE offers students multiple levels of advantages, some of which are : 

  • Recognition by Universities abroad 

Studying in IGCSE schools acts as a passport to the best international universities across the globe. The curriculum would definitely equip and prepare your child with the skillset necessary to tackle the challenges of academics in an international university. 

  • Focused on a learner centric approach

IGCSE places the student at the center of the course. Teaching and learning practices that are used to optimize the way a student learns is given primary attention. The individual needs and capabilities are given priority in IGCSE. 

  • Focused on Inquiry based learning 

IGCSE promotes learning through exploring and relates concepts to real life with curiosity playing a key role. Students are encouraged to investigate issues, develop questions and analyses that will help them understand the world better.

  • Belonging to a Global Community 

Cambridge teachers and students are a part of a global community that shares resources, information and ideas. This takes learning to a completely new level. 

  • Rigorous Assessment 

The assessments conducted by IGCSE are most reliable and trusted. They are fair and flexible. The assessments focus on conceptual learning, promoting the development of higher order thinking skills among the learners.

How would you choose IGCSE subjects?

IGCSE offers more than 70 subjects to choose from. Students are required to take a minimum of 5 or a maximum of 14 subjects. The core subjects are English, Mathematics and Science. Students can choose other subjects ranging from social sciences (commonly Accounting, Business Studies, Economics, Sociology) to Arts and Technology (commonly Computer Studies, ICT, Art and Design)

Students are awarded one IGCSE certificate for each subject. The number of subjects needs to be taken varies from school to school and also depends on individual preference.

What are the subject groups in IGCSE?

In IGCSE, there are five Subject Groups with a wide range of subjects to choose from:
Group 1: Languages (First Language, Second Language, Foreign Language, etc)
Group 2: Humanities and Social Sciences (Geography, English Literature, History, etc)
Group 3: Sciences (Biology, Chemistry, Physics, etc)
Group 4: Mathematics (Mathematics, Additional Mathematics, etc)
Group 5: Creative, Technical and Vocational (Accounting, Business Studies, Computer Studies, Music, etc)

How long will it take to complete an IGCSE course?

Cambridge IGCSE course takes two years to complete and assessments are taken at the end of each year. IGCSE exams are held in June and in November every year and the results are published in August and January respectively.

Can I self-study IGCSE?

Yes, you can take the IGCSE exam even without attending Cambridge school. You need to find a Cambridge school in your city that accepts private candidates and register in that school to be able to take up the IGCSE examination. You will be solely responsible for making arrangements with the school and the school will provide all assistance for exam related queries. There are certain requirements that a student needs to fulfill to be eligible to get themselves registered as a private candidate in a school. 

Private candidates need to meet the full requirements of any assessment that they would be taking. If their submission of coursework, students must submit them and the coursework should be marked and authenticated by the school. 

Entry for assessments can be made only through the school and the responsibility lies on the student to ensure all requirements are complied with. 

The school has to remit the fee for any private candidate and students should reimburse the same to the school. The cost would include cost of supervision, marking of coursework or other internally assessed work by the staff of the school. 

Students registered as private candidates are identified separately in the summary of the school result and the name of the school will not appear in the certificate issued to the student.

Do International Universities accept IGCSE?

Definitely! Almost every university, a student would want to apply to, will accept an IGCSE Diploma. It is an internationally recognized Secondary Education Qualification.

When are the IGCSE exams taken?

IGCSE exams are taken in June and in November every year and the results are published in August and January respectively.

How much does IGCSE tutoring cost?

The pricing for IGCSE tutoring would depend on a lot of factors. Where you live can greatly change how much the tutor would charge. There could be different tutors offering private tutoring and there could be self-taught tutors to professionally trained tutors with a lifetime of experience.  The qualification and experience of tutors will affect the price you would have to pay. Depending on the subject or the specialization, supply and demand can have a huge bearing on the price. Core subjects may cost higher when compared to arts and music or it could be vice versa. The level of a student is also an important factor to determine the price. Tutoring jobs are generally paid more if there is more work to be done by the trainer.

Interested in ensuring that your child improves his/her
grades by studying with the best tutors?