A Level Economics builds significantly on GCSE level knowledge by applying economic theory to support analysis of current economic problems. You will learn about the interdependence of micro-economics and macro-economics and understand the roles they each play. You will be challenged to think critically about key issues and make arguments and recommendations based on qualitative and quantitative evidence. This A Level in Economics will explore economic methodology, price determination in relation to production and costs and more. Upon completion of this course you will understand the operation of markets and market failures. You will also understand the national economy in a global context. This course will also give you a strong foundation upon which to study Economics at a degree level.
The A Level Economics course will help students to develop skills and understanding of economics. Throughout the course, students are encouraged to use an enquiring, critical and thoughtful approach to the study of economics. This will help students to understand economic behaviour which can be studied to succeed in today’s changing world. Students will acquire specific and relevant skills in analysis, evaluation, critical thinking, and decision making that can be applied across a broad range of contexts.
Although the A Level Economics programmes build on the course content of GCSE, it is not necessary to have this qualification before undertaking an A-Level. However, in order to meet the demands of the course, it is recommended that candidates have literacy and communication skills equivalent to C or higher at GCSE. Please note that full tutor support is still provided throughout your course duration.
All students must be 16 years of age or above.
Approximately 350 hours.
Students are required to arrange and pay for their A Level Economics examinations and manage the course work element if the subject requires this. Students must check the relevant examination board website for further information and final examination sitting dates for the specification. All examinations are held during the May / June exam period of every year.
This unit focuses on microeconomic concepts. Students will develop an understanding of:
This unit focuses on macroeconomic concepts. Students will develop an understanding of:
This unit develops the microeconomic concepts introduced in Unit 1 and focuses on business economics. Students will develop an understanding of:
This unit develops the macroeconomic concepts introduced in Unit 2 and applies these concepts in a global context. Students will develop an understanding of: