GRADE 10 IGCSE ECONOMICS SYLLABUS                                                                                          2020-2021 
                     
                                                                                                                                         Course Outline 
                                                                                        Economics Grade 10 / Year 11 
                    Inspiring excellence, empowering global minds 
                                                                             Overview 
                     
                    The 10 Level Economics syllabus aims to enable candidates to  understand economic terminology, 
                    concepts and theories, use basic economic numeracy and interpret economic data, use the tools of 
                    economic analysis, express economic ideas logically and clearly in a written form and apply economic 
                    understanding to current economic issues. This course also develops skills of communication, 
                    analysis, interpretation, and presentation of both qualitative and quantitative economics data 
                    information by creating a link to real-life examples. 
                                                                      Learning Outcomes 
                    The aims are to enable students to: 
                        know and understand economic terminology, concepts, and theories 
                        use basic economic numeracy and interpret economic data 
                        use the tools of economic analysis 
                        express economic ideas logically and clearly in a written form 
                        apply economic understanding to current economic issues. 
                                                                        Unit Overviews 
                                   Term 1 
                    Section 5 Economic development                                                           Approximate length: 6 weeks 
                    As an economy develops there will be changes in population, living standards, poverty, and income 
                    redistribution. Therefore, the effects of changes in the size and structure of population and of 
                    other influences on development in a variety of countries are explored. 
                    Cambridge International Curriculum Standards 
                        To be able to define Gross Domestic Product (GDP). 
                        To be able to describe and have a general understanding of the causes and consequences of 
                         economic growth. 
                        To be able to define the term recession. 
                        Should be able to describe simple measures and indicators of comparative living standards, such 
                         as GDP per head, Human Development Index. 
                        To be able to describe why some countries are classified as developed and others are not. 
                        Should be able to describe the difference between absolute and relative poverty. 
                        To be able to recognize and discuss policies to alleviate poverty. 
                                                                                   1 
                     GRADE 10 IGCSE ECONOMICS SYLLABUS                                                                                          2020-2021 
                     
                        Should be able to describe the factors that affect population growth (birth rate, death rate, 
                         fertility rate, net migration) and discuss reasons for different rates of growth in different 
                         countries. 
                        To be able to analyze the problems and consequences of these population changes for countries 
                         at different stages of development. 
                        To be able to discuss differences in living standards within countries and between countries, 
                         both developed and developing. 
                        To be able to describe the effects of changing size and structure of population on an economy. 
                    Section 6 International trade and globalization                                        Approximate length: 7 weeks 
                    This unit describes the advantages and disadvantages of specialization at regional and national 
                    levels, making use of the concepts of absolute and comparative advantage. It then considers the 
                    structure of the current account of the balance of payments. The causes and consequences of 
                    current account deficits and surpluses are examined. The causes and consequences of exchange 
                    rate fluctuations are also considered. Finally, it explores how domestic industries can be protected 
                    from foreign competition and the contrasting merits of protectionism and free trade. 
                    Cambridge International Curriculum Standards 
                        To be able to describe the benefits and disadvantages of specialization  
                        To be able to describe the structure of the current account of the balance of payments. 
                        To be able to discuss the causes and consequences of current account deficits and surpluses. 
                        Should be able to define exchange rates. 
                        To be able to discuss the causes and consequences of exchange rate fluctuations. 
                        To be able to describe methods of protection. 
                        To be able to discuss the merits of free trade and protection. 
                          
                    General teaching methodologies will include Online and Face to Face (Blended) learning, Face to face 
                    students will be in class while online learners will log in remotely and follow the instructor, who will 
                    have the laptop camera facing the smartboard. Teaching will be done using a combination of writing 
                    and illustrating on the smartboard and PowerPoint presentations.  This should include a combination 
                    of oral and visual methods to differentiate instruction modes to cater to student preferences 
                    effectively. 
                    Use of Phoenix to allocate differentiated activities catering to varying learning abilities of the 
                    students – these online activities will include quizzes, assignments, research-based projects, digital 
                    group activities and formative tests. 
                    Feedback to students will be given through the Gems Phoenix platform. Feedback will include 
                    rubrics, teacher, and peer marking. 
                    Questions from students – time allocated to allow students the opportunity to ask questions and 
                    give written and oral feedback through digital platforms.  
                          
                                                            
                                                                                   2 
                 GRADE 10 IGCSE ECONOMICS SYLLABUS                                                                                          2020-2021 
                 
                            Term 2  
                 
                Past and specimen papers                                              Approximate length: 10 weeks 
                   Revision for Mock exams 
                     
                            Term 3 
                 
                Mock Examinations and Study Leave for CIE (External Examinations) 
                                                             Assessment 
                Formative:  Throughout the units,  students  will  complete  graded  work,  quizzes,  class  work  and 
                                                                     
                homework assignments based on topical past papers to complete revision. Which allows the teacher 
                to assess the students’ attainment and inform their planning by diagnostic marking.  
                                                                     
                   
                                                                   3