ECONOMICS
(A Level)
What is Economics A level?
In Economics, students will apply economic theory to current economic problems and issues, and try to appreciate the interrelationships between microeconomics and macroeconomics. The content takes into account fundamental advances and changes in economic ideas such as behavioural economics, importance of financial markets and development economics, so that students can relate what they are learning to the world around them.
*BTEC Business and Economics cannot be studied together
Exam Board: AQA
What will I learn?
Students will learn about micro and macroeconomics, as well as exploring different economists and the assumptions underpinning their work. The A Level course is split into two parts.
Markets and market failure - This is primarily about microeconomics including models such as demand and supply, perfect competition, monopoly, the operation of the price mechanism and the causes of market failure.
The national and international economy - This is primarily about macroeconomics, including government economic objectives and the monetary, fiscal and supply side policies used to achieve these; globalisation and trade and the financial markets.
How will I be assessed?
100% examination – 3 papers of 2 hours each
Entry requirements
Grade 5 in Maths and Grade 6 in English GCSE
Where can Economics A level take me?
Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms. The economic way of thinking can help students make better choices as both citizens and workers. Each year, a number of our students will opt to study economics-related courses at university. An economics degree opens up a huge number of career opportunities.
Further reading and watching
You are encouraged to read and engage with the news. The Financial Times has an excellent youtube channel