Economics

What does the course involve?

Economics is about more than just money. It is about understanding the kind of decisions people make, and why they make them. If you choose to study A Level Economics, you will be able to understand complex and important issues, such as poverty, tax rates and inflation.

Economics provides a framework to help you analyse and understand how firms meet consumer demands and how wealth is shared. You will study Micro Economics looking at individual firms and Macro Economics which examines national and international economies.

You will also learn many practical skills like being able to read statistics, make better financial decisions, and avoid making mistakes. In other words, a degree in economics can be used in nearly every aspect of your life!

Course Outline

Course Components
4 Units:
Markets and Market Failure
The National Economy
Business Economics and the Distribution of Income
The National and International Economy

Examination
100% exam
3 papers at the end of the course – 2 hours each

Assessment
At the end of the course. You will also be assessed regularly throughout the course via directed study, class tests and major assessments at key times during the year.

Exam Board 
AQA