A Level Economics

Please note: students in Year 12 (September 2015) are now following the new specification as outlined below and Year 13 (September 2015) will be following the legacy course outlined underneath

Edexcel (AS:8EC0, A Level:9EC0)

Who should study economics?

The A-Level Economics looks at current affairs and analyses the interaction between individuals and the Government. Students will need to apply their knowledge and understanding in the assessments and demonstrate an awareness of current economic events and policies. Students will be taught both Micro and Macro principles and will be assessed on their application and decision making skills.

The Course

AS Economics

The AS course consists of 2 themes:

Theme 1 - Introduction to markets and market failure

Theme 2 – Managing the Economy

Assessment is externally assessed with 2 examinations at the end of the year, one on theme 1 (50%) and one on theme 2 (50%)

A Level Economics

The A Level course consists of 4 themes.

Theme 1 - Introduction to markets and market failure

Theme 2 – Managing the Economy

Theme 3 - Business behaviour and the labour market

Theme 4 - A global perspective

Assessment

Assessment is externally assessed with 3 examinations, all at the end of two years. One exam on theme 1 and 3 (35%), one exam on theme 2 and 4 (35%) and one exam which is synoptic (30%)

Where it leads

An economics qualification is very useful for any career in investment banking, corporate finance or politics. It also provides a basis for further study especially in economics and business related subjects. 

Please note: The following course is for current (September 2015) Year 13 students only

Edexcel (AS: 8ECO1, A2: 9ECO1) 

Who should study Economics? 

A-level Economics looks at current affairs and analyses the interactions between individuals, businesses and the Government. Students will be taught both Micro and Macro principles and will be assessed on their application, analysis and decision making skills.

The Course 

AS Economics

The AS course consists of 2 modules.

Unit 1 Competitive Markets - How They Work and Why They Fail (25%)

Unit 2 Managing the Economy (25%)

Over the course of the year students will study topics such as supply and demand, international trade, aggregate demand and consumption.

A2 Economics

The A2 course consists of 2 modules.

Unit 3 Business Economics, Economic Efficiency (20%)

Unit 4 The Global Economy (30%)

Topics such as economies of scale, globalisation, poverty and inequality will be explored.

Assessment

This A-level is externally assessed with 2 examinations at the end of each year. The full A-level course is completed over a two year cycle.

Where it leads

An economics qualification is very useful for any career in investment banking, corporate finance, politics or the professions. It also provides a basis for further study especially in economics and business related subjects.