Cambridge IGCSE

Economics

Cambridge Code: 0455

Cambridge IGCSE Economics introduces students to the fundamental principles of economic theory and how economies function. Students explore microeconomic and macroeconomic concepts through real-world examples and current affairs.

14–16Age Range
1–2 YearsDuration
£1,500From / Subject
8–12Class Size
Economics at Richmond Online School

What You'll Learn

Key syllabus topics covered in Cambridge IGCSE Economics (0455).

The Basic Economic Problem
The Allocation of Resources
Microeconomic Decision Makers
Government & the Macroeconomy
Economic Development
International Trade & Globalisation
Market Failure & Government Intervention
Money, Banking & Employment

How It's Taught

Our online learning experience is designed to match — and exceed — the quality of a traditional classroom.

Live Interactive Classes

Small-group lessons with expert teachers in real time. Ask questions, join discussions, and get immediate feedback.

Recorded Lessons

Every lesson is recorded and available on demand. Missed a class or need to revise? Watch it back anytime.

Personal Tutor

A dedicated personal tutor monitors your progress, provides feedback, and guides your academic journey.

AI Study Support

A syllabus-aligned AI tutor available 24/7 for instant explanations, practice questions, and feedback.

Official Cambridge Exams

Sit official Cambridge examinations at approved centres worldwide. Identical qualifications to any UK school.

Progress Tracking

Regular assessments, termly reports, and parent consultations keep everyone informed of progress.

Who Is This Subject For?

Cambridge IGCSE Economics is an excellent choice for:

Students curious about how economies work and why prices change
Those considering A-Level Economics, Business, or Accounting
Learners interested in careers in finance, banking, or government policy
Students who enjoy applying analytical thinking to real-world issues
Admissions Open

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Book a free consultation with our admissions team. We'll discuss your goals, recommend the right subjects, and answer every question you have.

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Frequently Asked Questions

Everything you need to know — if you can't find your answer here, get in touch with our admissions team.

No prior knowledge is required. The course introduces all key economic concepts from the basics, building understanding through real-world examples and current affairs.

While some basic numerical skills are needed (percentages, graphs, simple calculations), the course is primarily analytical and essay-based. You do not need advanced mathematics.

Assessment is through two written papers. Paper 1 tests knowledge across the syllabus with structured questions. Paper 2 includes data response and essay-style questions requiring deeper analysis.

Yes, IGCSE Economics provides an excellent foundation for A-Level Economics by introducing core concepts, analytical frameworks, and essay skills that are developed further at A-Level.