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Qualification

A Level

Why study this course?

• Pursuing a career in business or as an economist

• Capitalising on your existing knowledge of economics

• Studying a broad scope of economic concepts including models and theorists

• Developing an understanding of what is happening in the real world, and being able to apply that knowledge

• Preference for assessment by examination

Potential careers:

• Accountancy

• Auditing

• Banking

• Commercial buying

• Commodities banking/trading

• Data analytics

• Economics

• Local and central government

• Market research

• Retail

• Sales

• Stocks and share trading

• Teaching

 

Course content

The A-level Economics qualification enables students to apply economic theory to support analysis of current economic problems and issues, and encourage students to appreciate the interrelationships between microeconomics and macroeconomics.

 

The qualification allows students to study engaging and up-to-date content so that they can relate what they are learning to the world around them – locally, nationally and globally. Students develop the knowledge and skills needed to understand and analyse data, think critically about issues and make informed decisions.

Year 1:

Individuals, firms, markets and market failure

• Economic methodology and the economic problem

• Individual economic decision making

• Price determination in a competitive market

• Production, costs and revenue

• Perfect competition, imperfectly competitive markets and monopoly

• The labour market

• The distribution of income and wealth: poverty and inequality

• The market mechanism, market failure and government intervention in markets

Year 2:

The national and international economy

• The measurement of macroeconomic performance

•How the macro-economy works : the circular flow of income, AD/AS analysis, and related concepts

• Economic performance

• Financial markets and monetary policy

• Fiscal policy and supply-side policies

• The international economy

 

Staff contact:

Mrs Bowler and Mrs Desideri