IGCSE Economics | Distance Learning Course | Oxford Open Learning

International GCSE Economics

Course Price

Economics intenational GCSE Key Facts

  • PRICE: £375
  • TIME REQUIRED: 200 hours
  • EXAMS: Summer only
  • SPECIFICATION: Pearson/Edexcel 4EC1
International GCSE Economics

Why Study Economics IGCSE?

More than at any time in history the economies of the world are interdependent.  This stimulating course introduces a variety of topical issues that affect each of us every day – whether we like it or not.  What is the link between inflation and unemployment? What factors might lead to a worldwide economic crash?  This course takes you on a tour of the world of economics and answers these and other key economic questions along the way.


The Economics international GCSE course is designed to match the Edexcel 4EC1 specification and is divided into four modules, as follows:

A The Market System

  • Demand and supply
  • The role of the market in solving the economic problem
  • The labour market

B Business Economics

  • Production
  • Competition
  • Public and private sectors

C Government and the Economy

  • Macroeconomic objectives
  • Policies
  • Relationship between objectives and policies

D The Global Economy

  • Globalisation
  • International trade
  • Exchange rates

Oxford Open Learning’s International GCSE Economics course is designed to prepare students for the Edexcel IGCSE in Economics (4EC1)  examinations from 2022 onwards. This exam may be sat twice a year, January or May/June.


  • Paper 1: Microeconomics and Business Economics- 1 hour, 30 minutes. 50%
  • Paper 2: Macroeconomics and the Global Economy- 1 hour, 30 minutes. 50%

Online Course? Paper Based? Somewhere in between? It’s your choice!

All of our International GCSE Economics students receive:

  • Traditional printed learning materials
  • Access to our online resources with on-the-go access to all your regular lessons
  • Unmatched support by a fully qualified teacher online and by phone
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Supporting Resources

Economics IGCSE FAQs

The international GCSE Economics is of the same level as a GCSE and is examined by Edexcel, one of the UKs most trusted examination boards. A key difference is that IGCSE Economics does not include any classroom controlled assessment, making it convenient for distance learners. The Economics International GCSE qualification is accepted as at least the equivalent of GCSE in UK sixth form colleges, FE colleges, universities and other HE institutions.p>

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