Edexcel International GCSE Economics Unit 1

This is Unit 1 of 2. Both Unit 1 and Unit 2 must be studied separately to complete the full course.

This unit covers Microeconomics and Business Economics.

Specification & assessment

Linear specification: 4EC1
Modular Unit 1: 4WEC1
Modular Unit 2: 4WEC2

Online Exams: ✓ Yes – linear route only. Both papers are sat together in the same exam series. Online exams can be sat from home through Eureka Homeschool.
Modular: ✓ Yes
Linear: ✓ Yes

What’s included?

• Video lessons
• Learning materials and worked examples
• Worksheets and practice activities
• Quizzes and knowledge checks
• Exam-style practice and revision resources

This unit covers the economic problem, demand and supply, market equilibrium, elasticity, externalities, production, costs and revenue, business competition, the labour market and government intervention.

Fully self-paced

There are no fixed lesson times. Students can study whenever it suits them, revisit topics and progress at their own pace.

Optional tutor support

The course is designed for independent self-study, with optional tutor support available separately.

Unit 2 must also be studied to complete the full International GCSE Economics course.