Pearson Edexcel International · Noble Educators

    Economics tutoring

    Build understanding in Economics with one-to-one online lessons for Pearson Edexcel International. Share your level, current topic and school specification so the tutor can focus on the next skill you need.

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    A closer look at Economics.

    01

    What to focus on in Economics

    State the assumptions behind an economic explanation. Distinguish a change in a good’s own price from a change in another influence on demand, and explain the chain of reasoning rather than naming a diagram alone.

    02

    Match practice to your actual course

    International GCSE and International A Level structures vary by qualification. Confirm whether the course is linear or modular and which units or papers the school has entered. iPrimary · iLowerSecondary · International GCSE · IAL. Your school’s subject choices, topic sequence and assessment tasks determine the detailed plan. The practice set below samples economics: scarcity, demand and opportunity cost; it is not a complete syllabus or an official exam paper.

    03

    Prepare a useful question for your tutor

    Bring one attempted question and show your working or first draft. Explain what you tried and where the reasoning stopped. Together, identify whether the difficulty is treating opportunity cost as every possible alternative added together or a missing prerequisite, then try a fresh problem independently.

    Understand it. Try it. Review it.

    Put your economics learning into practice.

    Worked example · Economics: scarcity, demand and opportunity cost

    A student can spend an evening working for 30 currency units or attending a free concert. What is one opportunity cost of choosing the concert?

    1. Time is scarce, so both activities cannot be chosen for that evening.
    2. The next best alternative is the paid work.
    3. The foregone earnings are 30 currency units, assuming that work was the next best alternative. The concert being free does not remove opportunity cost.
    Common mistakes to check
    • Treating opportunity cost as every possible alternative added together
    • Confusing a movement along demand with a shift of demand
    First page of the Economics: scarcity, demand and opportunity cost worksheetPreview the worksheet
    Free PDF · 6 activities · Answers included

    Economics: scarcity, demand and opportunity cost

    Secondary economics: core concepts. A focused topic sample with space to work and an answer key for checking your reasoning.

    Download worksheet Preview questions and answers

    Original Noble Educators practice. Not an official exam paper or a complete course syllabus.

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    Connect your economics lessons with focused practice and review the steps behind each answer.

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