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GCSE Economics

New specification (9-1) EDEXCEL GCSE with tutor support

Absorb Online Learning Limited


£265 inc VAT
Or £44.17/mo. for 6 months...
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Study method
Online, self-paced
120 hours
Regulated qualification What's this?
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students
  • TOTUM card is available to purchase separately What's this?

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The IGCSE Economics course is a thorough introduction to the concepts and methods of economics. Students completing this course will have a firm grasp of economic principles.



Awarded by Edexcel
Regulated by Ofqual


IGCSE Economics enables students to:

  • Develop an understanding of economic concepts and apply the same to real-life situations
  • Calculate, interpret and evaluate economic data
  • Develop an awareness of economics changes and its impact on developed and developing economies
  • Understand economic problems, possible solutions and its effect on mixed economies

The course requires students to develop their ability to acquire a range of important and transferable skills such as:

  • Analysing, interpreting, reasoning and critically thinking the various economic problems and the possible solutions for the same.
  • Researching real-life economics articles from various sources.
  • Calculating various quantitative economic information
  • Constructing graphs

There are two main components of the course:

The Market System

There are six units in this section:

  1. The economic problem
  2. Economic assumptions
  3. Demand, supply and market equilibrium
  4. Elasticity
  5. The mixed economy
  6. Externalities

Macroeconomics and the Global Economy

This section has six main topics:

  • Government and the economy:
  • Macroeconomic objectives
  • Government policies
  • Globalisation
  • International trade
  • Exchange rates

Who is this course for?

This course is open to all students.

Please note, you will need to arrange your own exams with an exam centre.

The exam centre will charge a fee; this should be in the range of £80 - 120, depending on the exam centre.

Most schools and colleges are happy to take private candidates for the exams.


There are no entry requirements and the course is open to all.

Questions and answers


Course rating


What does study method mean?

Study method describes the format in which the course will be delivered. At courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

What are CPD hours/points?

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on, many of which can be completed online.

What is a ‘regulated qualification’?

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

What is an ‘endorsed’ course?

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body’s logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.