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How to Get a Good Score in IGCSE Economics?
IGCSE curriculum offers a variety of subjects according to the abilities of students. IGCSE economics is offered to 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 the tools of economic analysis to understand the subject. Students want to develop their skills and they also want to score well in IGCSE economics. In this article, we are suggesting a few important points to remember. We are hopeful that it will be very beneficial for you and you will surely score well in your exam.
IGCSE Economic and its syllabus at a glance
IGCSE economics develops an excellent Foundation for the advised study of Economics. Students will get a thorough knowledge and understanding of economics and they develop their skills to be innovative reflective and confident.
Content
- The Basic Economic Problems
- The Factors of Production
- Opportunity Cost
- Production Possibility curve
- The Allocation of resources
- The role of the Market in allocating resources
- Demand
- Supply
- Price Determination
- Price Changes
- Price Elasticity of Demand
- Price elasticity of Supply Market Failure
- Microeconomics decision-makers
- Government and Macroeconomy
- 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. We suggest our students set their minds or set their goals to work hard throughout the year to get a good result in economics. It is not a child’s play that you can understand easily without any effort. you need to practice hard and do 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 IGCSE Economics syllabus. You can get the syllabus 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 from the easy topics and then you can move to the 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 take help from your tutor or your parents to prepare your timetable. Make a timetable and check if it is working or not. You can make changes if any change is 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 in your mind that you can apply when you will grow up. Such motivational ideas and thoughts inspire you more if you will read the news about successful entrepreneurs. You should read the newspaper and get this news on regular basis. You will feel updated and try to become like other successful Businessmen who are doing wonders in their fields. They were also students and they achieved only because of good education and hard work.
Practice Previous Years’ Question papers to Get a Good Score in IGCSE Economics
You can get a very good 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 which are providing previous years’ question papers. You only need to search and download the previous year’s question paper. Get the idea about the time limit and get your paper checked by your tuition teacher. Your teacher will tell you about your weaknesses and your strength too.
Strengthens Your Weaknesses & Solve Numericals
Ignoring the weak points is the biggest mistake done by the students. All through your tutor and your teacher tell you a lot of time that you have a weak point where you need improvement. But sometimes you students do not give 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 into your friend and you will surely core well in your IGCSE economics exam.
There are mathematical questions on Economics in your syllabus. These sums are based on some formulas of Economics. 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 very important and you will know about your preparation through your revision test. 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 again and again until you will feel that you have understood the concept clearly.
Make a Sturdy Timetable for Exam Study
Sometimes students work very hard throughout the year but they start to feel confident and do not work hard before the exam stop 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 doubt and you will immediately get the right answer. 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 take help through YouTube. Follow a healthy lifestyle and have a good diet to keep yourself healthy.
