Economics

A Level

Course Entry Requirements

Five A* – C grades at GCSE including GCSE English Language and GCSE Mathematics at grade 5/C.

If you are interested in joining the College we will arrange a meeting with an experienced subject counsellor who will help you to choose courses that best suit your ambitions and achievements.

All entry requirement details are correct at the time of publication, September 2018, however, the College may need to make some changes by September 2019 in the light of student demand, staff availability and external factors beyond the College’s control.

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What will I study?

A Level

Individuals, firms, markets and market failure.

1. Economic methodology and the economic problem
2. Individual economic decision making
3. Price determination in a competitive market
4. Production, costs and revenue
5. Perfect competition, imperfectly competitive markets and monopoly
6. The labour market
7. The distribution of income and wealth, poverty and inequality
8. The market mechanism, market failure and government intervention in markets The national and international economy
9. The measurement of macroeconomic performance
10. How the macroeconomy works: the circular flow of income, AD/AS analysis and related concepts
11. Economic performance
12. Financial markets and monetary policy
13. Fiscal policy and supply-side policies
14. The international economy

What skills do I need?

  • Commitment and interest in finding out more about the way the economy works
  • The ability to analyse and explain
  • Willingness to apply economics theory to real world examples
  • Expression of ideas in clear written and spoken English
  • The ability to handle basic numerical calculations and analyse data

Examination Board

AQA


Why Should I study this course?

Money makes the world go around. You will find out exactly how with this fascinating course, which looks at how money is the driving force of human activity and behaviour.

This academic course will help you learn about the UK economy. You will find out what it is, how it works and why the wellbeing of the economy is so important to all of us. Moreover, the course will help develop the skills which employers value and expect from prospective workers of the future.

You will study different areas of economic theory and how that theory can be applied to real world examples. This two year course is an ideal stepping stone to either a job in the business world or perhaps further study in an economics/business related field at university, such as finance or accounting.

How is the course assessed?

This is a 100% examination based qualification, you will take three examinations in the final year.

What will this course prepare me for?

This course will give you excellent understanding of how the UK economy works and prepare you to find a job in one of the many sectors of the economy. You may also use the
course as a means of securing a HE place on one of the many economic/business related degree courses available at university.

Private Study

You will be expected to complete at least 4 hours of private study each week. This time will enable you to complete your homework tasks and achieve your target grade. You will need to get into the habit of watching the news regularly to help you understand why economic events are so significant.

What materials will I need to provide?

Standard stationary items: a pen, a pencil, a ruler, a notepad and a calculator. This course also advises you to obtain a USB stick to help you with the completion of assignment/homework tasks.

How will I be taught?

You will experience a wide variety of learning activities, including the chance to take part in visits to local or regional businesses and hear from speakers who work in the real world. Staff will use examples of current economic events and issues to help you understand how the economy really works.

A Level Economics is for you if:

You are keen to discover how the UK economy works and you want to know about economics theory and how it can be linked to real world examples. This course will also develop your numerical and literary skills.