Economics

SUBJECT SPECIFIC ENTRY REQUIREMENTS

GCSE grade 6 or above in Economics, Grade 7 GCSE English Language or Literature and GCSE grade 6 in Mathematics.

WHAT DOES THE COURSE INVOLVE?

It is an exciting time to study Economics. Many of the most important issues facing society are economic in nature. Whether you are concerned with global warming or global trade, whether you are looking at the collapse of world financial markets or the collapse of your neighbour’s small business, you can’t get far without knowledge of Economics. This course aims to stimulate your interest in how economies work - at personal, national and world levels. By studying A-Level Economics, you will be able to engage in on-going debate over some of the most controversial issues faced by society such as poverty, taxation and unemployment. At the very least, you will develop a passion for Economics which will help influence important decisions later in life.

WHAT ARE THE TEACHING AND LEARNING OPPORTUNITIES?

As an Economics student you will learn by firstly developing an understanding of economic theory. You will learn to appreciate that there are a number of different interpretations which can explain economic phenomena. In addition, you will learn how to apply economic theory to case study scenarios. It is expected that you keep up to date with current affairs and you will need to regularly read a quality newspaper.

HOW WILL I BE ASSESSED?

The exams consist of a mixture between data-response, multiple choice and essay questions, including questions based on a case study scenario.
Assessment Description Duration Weight
Paper 1 Written Exam: Markets and business behaviour 2 Hrs 35 %
Paper 2 Written Exam: The national and global economy 2 Hrs 35 %
Paper 3 Written Exam: Microeconomics and macroeconomics 2 Hrs 30 %

WHY IS THIS QUALIFICATION USEFUL?

This course will be of interest if you want background knowledge of how markets work and the economic reasoning behind government policy. It will allow you to study Economics at university and progress into careers such as Banking and Finance.