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REVISION OF UNITs 1, 2 AND 3 |
INTRODUCTION: You have almost completed the first 3 units of the iGCSE Cambridge course in Economics - we hope you found it interesting and it has opened your eyes to new ways of thinking about the world!
Of course it also means that you are almost half way through the course of economics and have gained understanding in Unit 1 of the basic economic problem of scarcity and how to allocate resources as well as key ideas in the ways that Economists think about the world. In units 2 and 3 (microeconomics), you discovered the importance of markets and the roles that key economic decision makers such as consumers, firms and workers play in the economy.
It is important that you are now given an opportunity to demonstrate your knowledge and understanding and your analytical skills of the first 3 units of the course. As you are aware you will complete a full Paper 1 on Thursday May 28th under assessment conditions.
As a quick reminder Paper 1 will account for 30% of your final iGCSE grade and is composed of 30 multiple-choice questions (MCQ's) that are completed within 45 minutes. The assessment objectives (AO's) that are being assessed are your knowledge and understanding of the course content (50%) and your skill in analyzing economic issues (50%).
It is therefore important you revise the content that will be covered in the assessment and to this end we have provided some suggestions for revision (both independent and collaborative) prior to the assessment.
There are also compulsory revision tasks to be completed this week too:
Of course it also means that you are almost half way through the course of economics and have gained understanding in Unit 1 of the basic economic problem of scarcity and how to allocate resources as well as key ideas in the ways that Economists think about the world. In units 2 and 3 (microeconomics), you discovered the importance of markets and the roles that key economic decision makers such as consumers, firms and workers play in the economy.
It is important that you are now given an opportunity to demonstrate your knowledge and understanding and your analytical skills of the first 3 units of the course. As you are aware you will complete a full Paper 1 on Thursday May 28th under assessment conditions.
As a quick reminder Paper 1 will account for 30% of your final iGCSE grade and is composed of 30 multiple-choice questions (MCQ's) that are completed within 45 minutes. The assessment objectives (AO's) that are being assessed are your knowledge and understanding of the course content (50%) and your skill in analyzing economic issues (50%).
It is therefore important you revise the content that will be covered in the assessment and to this end we have provided some suggestions for revision (both independent and collaborative) prior to the assessment.
There are also compulsory revision tasks to be completed this week too:
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ACTIVITY 1: KEY QUESTIONS FOR UNITS 1 AND 2. Answer the following questions without using a textbook. Then check the answers to see if you got them right. Then improve your answer using the textbook. This 'Try, Cover and Reveal' Method works well to audit your knowledge and revise at the same time. It will provide good feedback on the topics you are confident in and the ones you need to do more revision on.
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| economic_quiz_unit_1_and_2.docx |
| economic_quiz_unit_3.docx |
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ACTIVITY 2: COLLABORATE ON A UNIT MIND-MAP. If you would like to collaborate in a small group on a unit mind map (no more than 5) write your names in the forum below and I will send you access privileges to edit. Mind mapping works because it organizes whole chunks of information from the most important general ideas down to the narrow specific detail in a way the reader can easily follow and identify the general ideas from the specific detail. A basic rule of mind mapping is the rule of 5. Each branch should have a maximum of 5 words on it, and each branch should not have any more than 5 branches springing out from it. If you keep to the rule of 5 your mind map will be clear and easy to use as a revision tool.
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ACTIVITY 3: COMPLETE THE STRENGTH TESTS FOR UNITS 1 AND 2. Similar to the actual questions you will complete for Paper 1! Complete the strength tests for Units 1 and 2 on Kognity. iGCSE Cambridge Economics has just launched on Kognity. You will be some of the first students to try this new Kognity title out. To complete his task you should go through the online textbook and try each of the strength tests out for Unit 1 and 2. If you can achieve an 80% pass then you have a good knowledge and understanding to be achieving a B grade or above. If you don't go back and revise the topic!
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HOW TO REVISE: SOME IDEAS:
| Revision strategies |