EdexcelExam Board
4EC1Subject Code
4 UnitsFull Course
Prof DeanYour Teacher
12 LanguagesAvailable
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Course Content
4 Units — One Complete Lesson Each
Each unit is a single, continuous lesson with Prof Dean — audio, slides and a quiz, in all 12 languages. Unit 1 is free to everyone; Units 2 to 4 are for members.
Unit 1
The Market System
Scarcity and choice, the factors of production, demand and supply, price determination, and market failure.
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Unit 2
Business Economics
How firms grow, their costs, revenue and profit, competition and monopoly, and the labour market.
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Unit 3
Government and the Economy
GDP, inflation and unemployment, and the fiscal, monetary and supply-side tools governments use.
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Unit 4
The International Economy
Trade and specialisation, exchange rates, globalisation and the balance of payments.
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Overview
What You Will Learn
Unit 1
The Market System
Scarcity and choice, the factors of production, demand and supply, price determination, and market failure.
Unit 2
Business Economics
How firms grow, their costs, revenue and profit, competition and monopoly, and the labour market.
Unit 3
Government and the Economy
GDP, inflation and unemployment, and the fiscal, monetary and supply-side tools governments use.
Unit 4
The International Economy
Trade and specialisation, exchange rates, globalisation and the balance of payments.
Awarding Bodies
Aligned to Major Awarding Bodies
🏛️ Edexcel IGCSE (4EC1)
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