A level Economics uses logical thinking and detailed analysis to understand the way both the domestic and global economy functions. Recognised and highly regarded by both universities and employers, this course will provide a foundation for studying Economics at university. It is also a useful supporting subject for degrees such as Maths, Business, Politics, History and Geography. Students who have studied Economics have gone on to careers including accountancy, banking, management, politics and marketing
AS Level Course Structure
Theme 1: Introduction to markets and market failure The nature of economics, how markets work, market failure and government intervention.
Theme 2: The UK economy – performance and policies Measures of economic performance, aggregate demand, aggregate supply, national income, economic growth and macroeconomic objectives and policy.
Paper 1 - 1 hour 30 minutes (50% of the qualification) - Theme 1
Paper 2 – 1 hour 30 minutes (50% of qualification) – Theme 2
Students studying the A Level course will cover the AS content plus the following:
Theme 3: The UK economy – Business Behaviour and the labour marketBusiness growth, business objectives, revenue costs and profits, market structures, the labour market and government intervention.
Theme 4: The global perspective International economics, poverty and inequality, emerging and developing economies, the financial sector and role of the state in the macro economy.
A Level Assessment
Paper 1 – 2 hours (35% of qualification) - Theme 1 and Theme 3
Paper 2 – 2 hours (35% of qualification) - Theme 2 and Theme 4
Paper 3 – 2 hours (35% of qualification) - All themes.
Tasks will include: case studies, research and exam practice. In addition, in order to effectively contextualise their learning, students will be expected to read the news, either online or from an informative newspaper.
Ideally minimum Grade 6
Mr. J. Trenchard