Opens in a new tab

IGCSE Economics Tuition in Singapore

Understand the ideas. Explain them with clarity.

IGCSE Economics is many students’ first encounter with the subject, and it rewards clear thinking more than memorisation. Students must define terms precisely, draw accurate demand and supply diagrams, explain chains of cause and effect, and weigh up both sides before reaching a judgement. Our 1-to-1 lessons teach each of these skills explicitly, using real-world examples from the global economy.

Secondary school students in a classroom with teacher at Axiom Education.

Class details

Lesson Formats
1-to-1
Subject Hub
Economics
Location
Holland Village: 38 Lorong Mambong, Singapore 277694
pRice
1-to-1: from $90/hour

Topics Covered

Our IGCSE Economics programme covers the basic economic problem, resource allocation, microeconomic decision makers, government and the macroeconomy, economic development, and international trade and globalisation. One-to-one lessons develop precise definitions, accurate diagrams, chains of reasoning and balanced judgements using real-world examples.

IGCSE Economics

  1. Topics covered

    • The basic economic problem — scarcity, factors of production, opportunity cost, production possibility curves
    • The allocation of resources — demand and supply, price elasticity of demand and supply, market and mixed economies, market failure and government intervention
    • Microeconomic decision makers — money and banking, households, workers and wages, firms and production, costs and revenue, competitive markets and monopoly
    • Government and the macroeconomy — macroeconomic aims, fiscal, monetary and supply-side policy, economic growth, employment and unemployment, inflation
    • Economic development — living standards and HDI, poverty, population, differences between countries
    • International trade and globalisation — specialisation and free trade, multinational companies, protectionism, exchange rates, the current account of the balance of payments

Class Structure

At Axiom Education, our classes are structured to ensure every student gains a deep understanding of the material while building the skills to tackle exam questions with confidence.

  1. Breaking Down Theory

    We start each lesson by covering the key theories for the topic, breaking them into smaller, easily digestible sections. This approach helps students grasp even the most complex concepts effectively.

  2. Applying the Theory

    Next, we demonstrate how to apply these theories to real-world problems, guiding students step-by-step through practical examples.

  3. Exam-Style Practice

    In the final half-hour, students attempt progressively challenging exam-style questions. This reinforces their understanding, builds confidence, and prepares them to excel in any test situation.

Our structured yet engaging approach ensures that students leave every class not only equipped with knowledge but also the skills to use it effectively when it matters most.

Student Benefits

Axiom Education’s tuition classes in Singapore combine weekly lessons with comprehensive study notes and summary sheets to support learning and exam revision. Students also receive 24/7 academic support and free consultations to help them clarify questions and strengthen their understanding between lessons.

  • Weekly Lessons

  • Specially Compiled Comprehensive Notes

  • Summary Sheet

  • 24/7 Academic Support

  • Free Consultation

  • Free Snacks

Enroll Now

Your Tutors

  • Confident young man with crossed arms in navy T-shirt against white background.

    Kong Man Sheng

    15 Years of Teaching Experience

    Bachelor in Economics, University of Nottingham

  • Confident young woman in professional attire with crossed arms.

    Megan Tan

    2 Years of Teaching Experience

    [Undergraduate] Bachelors in Human Resources Management, Singapore University of Social Sciences

Axiom's IGCSE Economics Testimonials

Read testimonials from students who attended Axiom Education’s classes in Singapore. Discover their experiences of the lessons, tutor support and exam preparation, alongside the academic results they share.

Unlocking Full Potential

My journey at Axiom Education in Physics and Economics was transformative, taking me from mid 4-5s in June to a perfect 7 in both subjects by the November IB exams. The structured and guided lessons were instrumental, with teachers using sample exam questions to familiarize us with IB formats and refine our techniques.

Axiom’s teachers go beyond teaching, acting as mentors and friends who create a supportive and approachable environment. Jeremy’s dedication stood out as he extended lessons and promptly addressed questions, ensuring clarity and understanding. Beyond academics, Axiom fostered a sense of community, with Ashley providing weekly meals that strengthened camaraderie among students.

Axiom’s holistic approach, blending academic excellence with genuine care for student welfare, helped me excel and build lifelong connections. More than just a tuition center, Axiom is a nurturing community focused on unlocking the full potential of its students.

Young man smiling outdoors near the coast with hills in the background.
Jeremiah Williams

ACS (Independent), 43 Points, 7 for HL Physics, Economics

Dedicated, Engaging And Highly Experienced Tutors

The tutors at Axiom are dedicated, engaging and highly experienced. Their exam oriented lessons not only focus on theory, but also teach you how to apply what you’ve learnt coherently in a practical setting. The overall environment created is lighthearted and fun, and you get to talk to the tutors not just as teachers but also friends – which makes it all the more enjoyable. I would highly recommend students taking Math and Econs to enrol there. What’s not to like?

Young man smiling with hillside cityscape in the background.
Jonathan Yeoh

ACS (Independent), 44 Points, 7 for HL Economics & Mathematics

Efficient and Result Oriented

My experience at Axiom has been nothing short of transformative. When I initially joined, I had neglected to study physics properly for 1.5 years. However, within just 5 months under Jeremy’s guidance, I catapulted to a high 7 for CTs followed by 5th in the level for prelims and eventually secured an easy 7 in the IB exam.

The tutors at Axiom are beyond amazing, offering clear explanations and employing efficient and effective teaching methods that swiftly propel students to their desired grades. Axiom Education has been instrumental in my academic success in HL Math, Economics, and Physics, and I am incredibly grateful for the unparalleled support and expertise they provide.

Young students in school uniforms smiling outdoors at Axiom Education.
Jeffrey Lee

ACS (Independent), 44 Points, 7 for HL Mathematics, Economics and Physics

Caring and highly knowledgeable tutors

Axiom education was one of the major factors in results I was able to attain at the IB exams for my Mathematics, Chemistry and Economics. Their teaching structure ensures that no student is left behind and every student is given the support they need. High praise is not sufficient for the caring and highly knowledgeable tutors, never failing to attend to their students beyond lesson time. I am glad to recommend AXIOM to any student from those who might be struggling with your subjects, to those who might already be doing well but just want to be kept accountable in your learning.

Ian Wong

SJI, 44 Points, 7 for HL Economics, Mathematics and Chemistry

A Path to Consistent Excellence

Since Year 5, I have attended Ashley’s mathematics lessons and, closer to my IB exams, Toran’s economics lessons at Axiom. Ashley’s teaching style is a perfect blend of ease and efficiency, making lessons both enjoyable and highly productive. His meticulous preparation ensures every part of the syllabus is covered, including challenging questions, helping me consistently achieve 7s in my exams. Toran’s guidance, with his deep understanding of economics, provided me with valuable insights and essay-writing strategies, enabling me to rank highly in my cohort during the prelims.

What makes Axiom special is the tutors’ ability to connect with students while maintaining academic rigor. Ashley’s step-by-step guidance equips us to tackle diverse question types efficiently, while Toran fosters a deep understanding of economic principles. Despite occasional large classes, the tutors address every query and maintain a comfortable pace for all skill levels. Beyond academics, Axiom fosters a supportive and approachable community where teachers respect and engage with students, creating a nurturing environment that goes beyond traditional learning.

Young man in blue suit smiling for the camera.
Justin Ang

ACS (Independent), 44 points, 7 for HL Mathematics and Economics

Friendly And Positive Class Environment

I commenced my HL Math lessons at Axiom with a grade 4. Ashley played a crucial role in elevating my grades consistently to 6s and 7s in tests, culminating in a grade 6 at the IB examinations. Axiom’s lessons stand out for their effectiveness in conveying key learning points clearly and concisely. The specialised exam preparation sessions were also instrumental in arming students with the skills to navigate diverse question types commonly encountered in exams. Beyond Ashley’s adept teaching skills, he prioritises creating a friendly and positive class environment that enhances the learning and growth of his students. Reflecting on my time at Axiom, I cherish numerous fond memories and express immense gratitude for the guidance and support extended throughout the two years.

Kristy Lee

SJI, 41 Points, 7 for HL Mathematics

Transformative and Inspiring Educator

Ashley is undoubtedly the most wholesome and goated educator I’ve encountered, he goes above and beyond in prioritizing student welfare. His lessons became a source of genuine anticipation, as his passion for teaching turned what seemed like insurmountable challenges in IB HL Math into enjoyable learning experiences. Ashley’s dedication and personalized approach not only eased my struggles but propelled my grades to a remarkable first-ever 7 in my IB exams. I extend my heartfelt thanks and love to Ashley for his unwavering support and transformative impact on my academic journey. Thank you, Ashley, for being the outstanding mentor that you are!

Ryan Chua

ACS (Independent), 43 Points, 7 for HL Mathematics

Great Learning Environment

Going to axiom gave me the leg up I needed to get my IB HL math 7 after I got a 5 in promos. My tutor ashley used IB exam targeted questions to prepare us while taking care of our student welfare to encourage us by buying us food during exam season. Not to mention, Ashley was always happy to go through questions I didn’t understand, patiently teaching in a clear and concise way that was easy to understand. I always looked forward to going to tuition because of the great learning environment at axiom!

Lucas Tan

ACS (Independent), 43 Points, 7 for HL Mathematics

Simplifying Complex Questions with Clear Explanations

I joined Axiom Education because of their strong reputation across JC and IB schools, and they truly lived up to their name. Their high standards and professional teachers not only taught me but carried me all the way to an A! 🔥🔥

What stood out to me was how personalised my learning experience was. The teaching was precise and laser-focused on my weaknesses in H2 Math. Mr. Ashley expertly identified my problem areas and hand-picked targeted questions to help me improve. This approach made all the difference – I aced those very questions in my actual paper!

If you’re looking for tuition that genuinely works, 10/10 recommend Axiom 🙏🙏 Truly the GOAT of tuition centres!

Young man smiling, wearing a navy blue T-shirt with white text.
Jeriel Tan

ACJC, A for H2 Mathematics

A Lifeline for Academic Success

Axiom Education has played a pivotal role in my academic journey, especially in mathematics. The weekly sessions provided structure and ensured consistent progress. Ashley’s teaching style made complex concepts simple and maximized class time with a focus on crucial exam content, which was invaluable during my IB exams. The friendly and relatable environment at Axiom sets it apart, with patient and approachable teachers creating a supportive space for learning. Beyond academics, Axiom welcomed all questions with prompt and helpful responses, offering a much-needed lifeline during the intense IB journey. The unique combination of an engaging atmosphere and effective organization made Axiom more than just a tuition centre. It became a place where learning was enjoyable and stress was manageable. As I move forward, Axiom will always hold a special place in my heart.

Bryan Cheung

ACS (Independent), 44 points, 7 for HL Mathematics

of
View all Testimonials

Class Pricing

  • Price for 1-to-1 IGCSE Economics Classes

    Book a trial at $90 per hour, continue à la carte at $120 per hour, or choose a larger package for a lower effective hourly rate.

    as low as$90per hour

    Volume package pricing for one-to-one tuition.

    • 10-hour package
      • Number of hours: 10
      • Package Price: $1120
      • Effective Hourly Rate: $112
    • 25-hour package
      • Number of hours: 25
      • Package Price: $2500
      • Effective Hourly Rate: $100
    • 50-hour package
      • Number of hours: 50
      • Package Price: $4500
      • Effective Hourly Rate: $90
Enroll Now

Frequently asked questions (FAQs) about IGCSE Economics tuition

This class is suitable for IGCSE students who want clearer understanding of economic concepts, stronger analysis and explanation skills, or focused exam preparation.

Lessons focus on understanding and applying economic concepts, interpreting information, using relevant examples, and structuring clear, well-reasoned responses.

One-to-one lessons allow the tutor to address individual knowledge gaps, review written responses closely, and give focused feedback on analysis, terminology, and structure.

Students practise applying concepts to different contexts, interpreting questions carefully, and developing concise answers supported by appropriate reasoning and evidence.

Students should bring their current syllabus information, recent written work or assessment papers, and any topics or question types they find challenging.

Share your school’s sequence, the topics already covered and upcoming assessment dates. Ask Axiom how the proposed class plan aligns with your needs. Confirm any arrangements for gaps or differences before enrolling; matching the subject name alone does not establish syllabus alignment.

Provide your examination board, syllabus code, subject route or tier, examination session and school’s current topics. These details help distinguish courses that share a subject name but have different requirements. Confirm current class availability and coverage with Axiom before enrolling.

The IGCSE Economics class description emphasises applying ideas to situations, interpreting information and developing reasoned responses with accurate terminology and evidence. Bring an example of a response you found difficult. Confirm the class plan against your examination board and syllabus.

Suggested reads for IGCSE Economics

Learn tips, tricks, and advice to enhance your IGCSE Economics understanding. Alternatively, visit our blog to learn general examination tips or advice for other subjects!

    • Learning Hub
    • Tuition Centre

    IB Math AA vs AI: Which Course Is Right for You?

    1 week ago | 7 minutes read time

    Compare IB Mathematics AA and AI at SL and HL. Understand the different problem-solving styles, entry requirements and questions to consider before choosing.

    • Education Centre
    • Tuition Centre

    The Significance of an Impressive Track Record When Choosing a Quality Tuition Centre

    2 years ago | 3 minutes read time

    Discover how to choose the right tuition centre in Singapore by understanding the importance of a proven track record in delivering consistent academic success. Learn key factors to consider for optimal educational outcomes.