Economics IGCSE | Home Schooling Courses | Oxford Home Schooling

International GCSE Economics

Course Information

Covering complex issues such as globalisation and the basics of supply and demand, the International GCSE Economics is perfect for ambitious students that have one eye firmly set on their future. For years this course has been a popular option for those looking to pursue a career in politics, finance and law.

The course is made up of four modules – with each covering a number of topics:


The market system:

  • The economic problem
  • Economic assumptions
  • Demand, supply and market equilibrium
  • Elasticity
  • The mixed economy
  • Externalities

Business economics:

  • Production
  • Productivity and division of labour
  • Business costs, revenues and profit
  • Business competition
  • The labour market
  • Government intervention

Government and the Economy

  • Macroeconomic objectives
  • Policies
  • Relationship between objectives and policies


The Global Economy

  • Globalisation
  • International trade
  • Exchange rates

With the International GCSE Economics course, there are 21 lessons and 9 tutor-marked assignments, 2 of which are mock exams.

Oxford Home Schooling’s International GCSE Economics course is designed to prepare students for the Edexcel Syllabus 4EC1 for exams in Summer 2022 and beyond.

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Examinations and assignments

There will be two papers:

  • Paper 1 is worth 50% of the student’s final grade and is 90 minutes long. In this paper, students will be assessed on their knowledge of Microeconomics and Business Economics.
  • Paper 2 is worth 50% of the total grade and is 90 minutes long. The subjects students will be assessed on are Macroeconomics and the Global Economy.

Course duration and study time

When you enrol with Oxford Home Schooling we will agree on an intended examination date with you.  Your support will last all the way up to this examination date, regardless of whether you decide to do the course in 9 months or 30.

The recommended number of study hours for this course is 200 hours.

Course price

Our International GCSE Economics course fee is £375.

You may pay using our interest-free easy payment scheme. Pay a £75 deposit followed by eight monthly instalments of £37.50.

You will receive support from a fully-qualified tutor holding either a Postgraduate Certificate in Education (PGCE) or a degree in education.

This support includes:

  • Marking all assignments for the course
  • Written answers to specific study problems
  • Telephone contact

When you begin this course, you will agree an examination date or dates with your Student Adviser. Your support period lasts up to this examination date.

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What’s next?

One of the main benefits of the International GCSE Economics is that it covers so many topics.

Having already learnt the basics of supply and demand, the role of governments and international trade regulations, students that succeed with this qualification are well positioned to study a range of subjects at AS and A2 level.

Kickstarting a rich and varied career

Providing students with a detailed overview of the market system, the role of government and both business and global economies, the International GCSE Economics presents itself as a challenging, yet rewarding qualification that leaves students with a world of options upon completion.

From here, it’s not uncommon for students to study subjects such as finance, politics or law at university – enabling them to gain a competitive edge when entering the world of work.

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The Oxford Home Schooling course is complete in itself and you do not need to acquire any other textbooks in order to follow the course.

But, although it is not essential, we do recommend the following textbook: