Sir John Leman High School > **SIXTH FORM** > Our Courses > Economics
Economics

        
 

Why?

A level Economics uses logical thinking and detailed analyses to understand the way the domestic and global economies function. It is a way of thinking that is recognised and highly regarded by both universities and employers. As well as leading onto Economics degrees, this course is also a useful supporting subject for people wishing to study degrees such as Mathematics, Business, Politics, History and Geography. Students who have studied Economics have gone on to many different careers including accountancy, banking, management, politics and marketing.

 

Course Structure

Theme 1: Introduction to markets and market failure, covering:

             The nature of economics

             How markets work

             Market failure

             Government intervention

Theme 2: The UK economy – performance and policies, covering:

             Measures of economic performance

             Aggregate demand

             Aggregate supply

             National income

             Economic growth

             Macroeconomic objectives and policy

 

Theme 3: The UK economy – business behaviour and the labour market, covering:

             Business growth

             Business objectives

             Revenues costs and profits

             Market structures

             The labour market

             Government intervention

 

Theme 4: The global perspective, covering:

             International economics

             Poverty and inequality

             Emerging and developing economies

             The financial sector

             Role of the state in the macroeconomy

Assessment

Paper 1 – Markets and business behaviour: 2 hours (100 marks) 35%. This paper assesses Theme 1 and Theme 3 content.

Paper 2 – The national and global economy: 2 hours (100 marks) 35%. This paper assesses Theme 2 and Theme 4 content.

Paper 3 – Microeconomics and macroeconomics: 2 hours (100 marks) 30%. This paper assesses content from all themes.

 

Extended Learning

Tasks will include case studies, research activities and exam practice questions. In addition, students will be expected to read the news, either online or from a quality newspaper.

 

Examining Body

 

Edexcel

 

Entry Criteria

 

level 3 Sixth Form entry requirements.

It is also recommended that students ideally have Grade 6 GCSE Mathematics

 

Course Leader

 

Mr J Trenchard