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How to Get a Good Score in IGCSE Economics?
The IGCSE curriculum offers a variety of subjects according to the abilities of students. IGCSE economics allows students to develop their understanding of economic theories, terminologies, and principles. The syllabus is graded from 9 to 1. Students need to understand the theory and apply financial analysis tools to understand the subject. Students want to develop their skills and score well in IGCSE economics. In this article, we are suggesting a few essential points to remember. We hope it will benefit you and you will surely score well on your exam.
IGCSE Economic and its syllabus at a glance
IGCSE economics develops an excellent Foundation for the advised study of Economics. Students will gain a thorough knowledge and understanding of economics and develop their skills to be innovative, reflective, and confident.
Content
1. The Basic Economic Problems | 9. Price Determination |
2. The Factors of Production | 10. Price Changes |
3. Opportunity Cost | 11. Price Elasticity of Demand |
4. Production Possibility curve | 12. Price elasticity of Supply Market Failure |
5. The Allocation of resources | 13. Microeconomics decision-makers |
6. The role of the Market in allocating resources | 14. Government and Macroeconomy |
7. Demand 8. Supply | 15. International trade and globalization |
Tips to Get a Good Score in IGCSE Economic
- Set your mind
Economics is a subject that requires hard work and dedication. Our IGCSE Tutoring suggests our students set their minds or set their goals to work hard throughout the year to get good results in economics. It is not a child’s play that you can understand easily without any effort. You need to practice hard and put in a lot of effort to understand the complicated topics of Economics. Start your study with a positive mindset.
2. Understand the syllabus
Before starting, you should have good knowledge of the IGCSE Economics syllabus, which you can get through the official website of the Cambridge IGCSE board. For your convenience, we have also provided the syllabus with this article. Divide the syllabus according to the exams divided in your school. You can start with easy topics and then move to complicated topics later.
3. Make a timetable
There is a proverb in English that work while you work and play while you play. This is the way to be happy and gay. There should be a proper timetable for the entire task that you are going to fulfill. Make a good timetable to study all the subjects along with economics. You can get help from your IGCSE Tutor or your parents to prepare your timetable. Make a timetable and check if it is working or not. You can make changes if required.
Make a Habit to Read the News About Entrepreneurs
Economics inspires you to become a successful businessman in the future. You may have many fruitful ideas you can apply when growing up. Such motivational ideas and thoughts inspire you more if you read the news about successful entrepreneurs. You should read the newspaper and get this news regularly. You will feel updated and try to become like other successful businesspeople who are doing wonders in their fields. They were also students, achieving this only because of a good education and hard work.
You can get an excellent idea about the type of questions and time limit to solve the question paper through the previous year’s question papers. There are a lot of websites that provide question papers from earlier years. You only need to search and download the previous year’s question paper. Get an idea about the time limit and get your paper checked by your tuition teacher. Your teacher will tell you about your weaknesses and your strengths too.
Strengthens Your Weaknesses & Solve Numerical Problems
Ignoring the weak points is the biggest mistake made by the students. Your tutor and your teacher often tell you that you have a weak point where you need improvement. But sometimes, your students do not pay attention to it and then repent later. We suggest our students not ignore their weak points and work hard to make them their strengths. Convert your weaknesses to your friends; you will surely do well in your IGCSE economics exam.
There are mathematical questions on Economics in your syllabus. These sums are based on some economic formulas. Try to understand formulas and make yourself strong to solve the sums. The sums are very helpful to get full marks in economics.
Take Revision Test
Revision tests are critical; you will know about your preparation through them. Do not ignore the feedback that you got after your revision test. Start working on your weaknesses and then give one more revision test to check your understanding. Revise your work repeatedly until you feel that you have understood the concept clearly.
Sometimes, students work very hard throughout the year, but they start to feel confident and do not work hard before the exam stops, which will hamper their progress. Do not feel overconfident. In place of it, you should make a very study timetable that should be followed strictly.
Do Not Hesitate To Ask Doubts
Do not ignore a single doubt and clear that doubt immediately with your teacher. There is a lot of online support available. You only need to type your question to get the correct answer immediately. Do not feel shy if you are having a query while your teacher is teaching in class. You only need to focus on your study. You can also get help through YouTube. Follow a healthy lifestyle and have a good diet to keep yourself healthy.