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GCSE Economics

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Overview

  • Understand how the world economy works.
  • Learn how government policy impacts on competitive markets.
  • Develop an understanding of economic issues such as inflation.
  • Complete this GSCE in as little as 6 months.
  • Opens up exciting new avenues of study.
  • Study around your existing commitments.

Studying your GCSE

Economics is the study of how we, as a society, manage all the different aspects of the production, distribution and consumption of goods and services.

During this GCSE course, you will gain an understanding of how markets and economies work whilst developing vital critical thinking and analytical skills. You will also gain a solid grasp of economic issues such as inflation and budget deficit.

Your Economics GCSE will teach you how global markets work, the impact of financial markets and how external factors can impact on growth, interest rates and inflation.

Each unit will challenge you to understand all the different factors that build national and global economies and the destabilising elements that can bring it all crashing down.

At the conclusion of your course you will understand how competitive markets work, market failures, the impact of government policy and much more.

Getting Started

Studying GCSEs with learndirect is a unique experience. Because all of our courses are 100% online you are 100% in control of your leaning.

No teachers or classrooms. No timetables or textbooks. Everything you need to achieve your qualification can be found on our student portal.

We believe this is the best way for distance learners to get the most out of their studies. The only specific deadline to work towards is your exam – exam sittings are held once per year in May or June.

You can balance your studies and your existing commitments. Instead of having to give up an evening a week to attend a class. We don’t believe that’s a positive way to learn.

Once you are signed up to the course, you can start learning straight away, no waiting for ‘term time’.  

You will also be assigned a dedicated tutor to help you throughout your studying. They will mark your assignments, prove guidance and give feedback. They are available to help you if you get stuck or need support with your studies.

Pursuing your career

A GCSE in Economics allows you to go on to study either at A-level, complete an RQF or an Access to HE Diploma. All of which can allow you to go on to study Economics or a Business related degree at university.

Modules

During your studies you will cover the following modules:

  • Introduction to Business & Economics
  • Economic foundations
  • Resource allocation
  • How prices are determined
  • Production, costs, revenue and profit
  • Competitive and concentrated markets 
  • Market failure 
  • Introduction to the national economy
  • Government objectives
  • How the government manages the economy
  • International trade and the global economy
  • The role of money and financial markets

Requirements

Great news! There are no entry requirements for the course. You will need access to a computer or tablet and an internet connection.

Assessment

At the end of each unit you will find a Tutor Marked Assignment (TMA). This is completed online and submitted to your tutor. Once assessed your tutor will return your work complete with its final grade and feedback. Once you’ve successfully passed each assignment you’ll be ready to take your exam!

Qualifications

If you decide to take the GCSE exam at the end of this course and pass, you will have gained a GCSE in Economics. This will enable you to progress to further and higher education programmes.

Hear from our past Students

  • Understand how the world economy works.
  • Learn how government policy impacts on competitive markets.
  • Develop an understanding of economic issues such as inflation.
  • Complete this GSCE in as little as 6 months.
  • Opens up exciting new avenues of study.
  • Study around your existing commitments.

Studying your GCSE

Economics is the study of how we, as a society, manage all the different aspects of the production, distribution and consumption of goods and services.

During this GCSE course, you will gain an understanding of how markets and economies work whilst developing vital critical thinking and analytical skills. You will also gain a solid grasp of economic issues such as inflation and budget deficit.

Your Economics GCSE will teach you how global markets work, the impact of financial markets and how external factors can impact on growth, interest rates and inflation.

Each unit will challenge you to understand all the different factors that build national and global economies and the destabilising elements that can bring it all crashing down.

At the conclusion of your course you will understand how competitive markets work, market failures, the impact of government policy and much more.

Getting Started

Studying GCSEs with learndirect is a unique experience. Because all of our courses are 100% online you are 100% in control of your leaning.

No teachers or classrooms. No timetables or textbooks. Everything you need to achieve your qualification can be found on our student portal.

We believe this is the best way for distance learners to get the most out of their studies. The only specific deadline to work towards is your exam – exam sittings are held once per year in May or June.

You can balance your studies and your existing commitments. Instead of having to give up an evening a week to attend a class. We don’t believe that’s a positive way to learn.

Once you are signed up to the course, you can start learning straight away, no waiting for ‘term time’.  

You will also be assigned a dedicated tutor to help you throughout your studying. They will mark your assignments, prove guidance and give feedback. They are available to help you if you get stuck or need support with your studies.

Pursuing your career

A GCSE in Economics allows you to go on to study either at A-level, complete an RQF or an Access to HE Diploma. All of which can allow you to go on to study Economics or a Business related degree at university.

Modules

During your studies you will cover the following modules:

  • Introduction to Business & Economics
  • Economic foundations
  • Resource allocation
  • How prices are determined
  • Production, costs, revenue and profit
  • Competitive and concentrated markets 
  • Market failure 
  • Introduction to the national economy
  • Government objectives
  • How the government manages the economy
  • International trade and the global economy
  • The role of money and financial markets

Requirements

Great news! There are no entry requirements for the course. You will need access to a computer or tablet and an internet connection.

Assessment

At the end of each unit you will find a Tutor Marked Assignment (TMA). This is completed online and submitted to your tutor. Once assessed your tutor will return your work complete with its final grade and feedback. Once you’ve successfully passed each assignment you’ll be ready to take your exam!

Qualifications

If you decide to take the GCSE exam at the end of this course and pass, you will have gained a GCSE in Economics. This will enable you to progress to further and higher education programmes.

Hear from our past Students

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