Courses...
Economics A Level Overview
This A Level introduces students to economics through building knowledge of core microeconomic, macroeconomic and business concepts. Students then apply this knowledge to business contexts in the assessments at the end of each year. Students study 4 themes over a 2 year programme of study: Theme 1: Markets, Consumers and Firms
Theme 2: The Wider Economic Environment
Scarcity, choice and potential conflicts Enterprise, business and the economy Sources and methods of finance Introducing the market Market failure and government intervention Revenues, costs, profit and cash
Business growth and competitive advantage Marketing and elasticities of demand Increasing business efficiency Life in a global economy The economic cycle Introduction to macroeconomic policy.
Theme 3: The Global Economy
Theme 4: Making Markets Work
Globalisation Business expansion Global marketing Multinational corporations Global labour markets Inequality and redistribution
Competition and market power Market failure in business Market failure across the economy Macroeconomic policies and impact on firms and individuals Risk and financial sector
Entry Requirements 5 GCSEs at grades 9-4, including Maths grade 5 and English Language .
There is no coursework in this A Level. It is 100% examination assessed at the end of Year 13.
Economics 14
