February 2025 Updates and Notices
Monday 3 February 2025
February 2025 Updates and Notices
Welcome to the February 2024 newsletter.
And a very Happy Lunar New Year to you all too!
Some of the updates during the past month include:
- A comprehensive glossary of key terms for Unit 4.3.8 Fiscal policy measures here.
- The glossary of key terms list has been updated here and now contains 307 definitions. The vast majority of these apply to the new syllabus (first teaching July/August 2025. It may be a good idea for your students to bookmark this page as they work through the two-year IGCSE course.
- An additional set of 20 MCQ from various sections of the syllabus has been added here to the Paper 1 section of the website. These interactive quizzes provide students with additional practice for the Paper 1 exam, with an explanation of the answer for each of the questions to support your students' understanding.
- Additional Paper 2 Exam Practise Questions for Unit 1 have been added here.
With Saint Valentine's Day fast approaching, teachers may be interested in this new "Seasonomics" activity, created to engage students in their review and revision of key Economics concepts and theories in the IGCSE course. You may be able to get some interesting and educational classroom displays from this too!
Additional worked examples for Paper 1 have been added to the site, including
Unit 1.3.2 The influence of opportunity cost on decision making here.
Unit 2.4.2 Price, supply, and quantity here.
Unit 2.6.1 Causes of price changes here.
Unit 4.3.4 Classification of taxes here.
Unit 4.4.3 Effects of monetary policy on government macroeconomic aims here.
Unit 4.8.1 Definition of inflation and deflation here.
Unit 6.4.1 Structure of the current account here.
Did you know that your IGCSE Economics students can have completely free access to the website once you have activated Student Access? You can also register other teachers in your school to gain access to the website, which is updated every week, 52 weeks a year. The annual subscription therefore represents extremely good value for money and will save you hundreds of hours of planning.
Currency | Annual | Per week | Per day |
USD | 270 | 5.19 | 0.74 |
EUR | 220 | 4.23 | 0.60 |
GBP | 210 | 4.04 | 0.58 |
There are several key functions to Student Access:
Students have access to all notes related to the contents of the course. Essentially, they can use the website as a comprehensive e-textbook for the entire course.
It allows students to directly access most, but not all, pages (such as examination papers and mark schemes, as well as other teacher support materials).
It enables teachers to create tasks for their students (refer to the Smart Quizzes section of the website).
It helps to consolidate student learning and facilitates revision (such as the Paper 1 MCQ tasks, which all come with answers that have explanations).
It allows teachers to monitor the progress of their students using the grade book.
To get started, go to the Student Access tab in the top left corner of the home page.
We know at InThinking that the strength and growth of the community of teachers using our sites rely on word of mouth. Content on the website now exceeds 490,000 words. To put this into context, the 320-page Cambridge-endorsed IGCSE Economics textbook published by Hachette Learning (formerly Hodder Education) contains approximately 150,500 words. We have more than 115 teachers and 700 students using the website from 23 different countries. Many thanks everyone for your ongoing support - it is highly appreciated 🙏
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If you are enjoying the website, please share your insights through your own connections and social media networks. We are certainly keen on hearing from you, guiding the site's future developments. Testimonials for the InThinking Economics website can be found here.
Wishing you and your students all the best for the Year of the Snake!
Paul Hoang
