The internet has plenty of resources that can help you to understand the concepts you learn about in your GCSE Economics class. It can also be a useful source of information if you want to find out more about the topics you are studying, or to read up on the latest news relating to the economy.
1. Economics Help has some very clear explanations of the terms and ideas you need to understand for your exams, so if is a very useful resource if you need help with a difficult concept.
2. Tutor2u has some revision notes covering the topics that you will cover in class. It can be a useful resource if you want to review a particular subject, and the key terms list is a convenient place to check definitions.
3. Bized has a useful economics section that can help you to learn about many of the topics that you will cover in class. You can focus on areas such as government policy, development or the housing market. Each section comes with a review of the topic, case studies and a quiz. The site is intended for teachers, but you can easily use the resources in your own revision.
5. The BBC Bitesize website doesn’t have a section specifically for economics, but there are some useful resources in the Business Studies section. As well as some useful revision notes, there are a few tests and activities that you can use to check how much you know about the economy.
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4. The Bank of England has some useful resources if you want to learn more about the UK’s economy. As well as learning more about the history of the central bank, you can also find resources relating to current economic policies, and some educational tools that are designed for GCSE level students. The Made for Money tool is particularly useful if you want to review the key topics that you will need to understand for your exams, but you can also watch short films or investigate issues such as inflation. The Bank also has a museum in London that may be worth a visit if you live nearby. The HM Treasury site can also provide some useful information about the UK Economy.
5. The World Bank also has some interesting resources that can help you to explore the global economy. The You Think! blog showcases stories about young people working on development projects, while the main site features economic news stories and resources that could help you to research topics you want to use for your coursework. If you are interested in development, you can also find some useful information on the UK’s Sustainable Development Commission website.
6. The Library of Economics and Liberty has created a list of resources to help students understand key concepts relating to the economy. Although this site is intended for students in the US, so some of the terms may not be relevant to your GCSE syllabus, this is a great place to find help if you want to review a particular concept. You can find basic definitions and explanations of the terms, as well as links to news stories and other resources that will let you take a deeper look if you want to learn more. Quizlet also has a good tool for learning your economics terms, with flashcards and various options for testing yourself to see how well you have remembered what you have learned.
7. The Nobel Prize website has some information about famous economists who won prizes for their work, which could be useful if you want to learn more about their theories. The site also features the Trade Ruler game, which you can use to try out the theories of Nobel Laureate Bertil Ohlin, who helped to create the Heckscher-Ohlin model of international trade.
8. News websites can also be useful if you want to keep up to date with the latest economic news. Some sites focus specifically on stories relating to the economy, and sometimes provide in-depth insights into the types of issues that you will cover in your GCSE classes. Among the best sources of financial news are the Financial Times and the Economist, but you will also find plenty of items relating to the economy on other news sites. The Institute of Fiscal Studies blog often offers useful commentary on current economic stories, so it can be worth a look if you want to investigate further. Twitter can also be an interesting source of news relating to the economy, and the Studying Economics website, which is designed for undergraduate students, has collected together a list of some of the best economists to follow, including @Freakonomics.
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