CURRICULUM SUBJECT

Economics

Beyond being a useful starting point for anyone looking to a career in finance this is a subject that equips students with the necessary skills, knowledge and insight to understand the world in which they trade, transact and travel.

Economics is often described as social science that focuses on the production, distribution and consumption of goods and services. A Level Economics aims to help students analyse and understand the choices that individuals, businesses and government make when managing and allocating resources. The course will introduce both macroeconomics and microeconomics, covering topics such as inflation, supply and demand, poverty and inequality and government intervention. Studying Economics A Level allows students to develop a true understanding of current economic issues and will give them the skills to evaluate real-world issues and the limitations on theory. Students must have a genuine interest in current affairs

A Level Economics

Economics strongly develops critical thinking and relies on using economic theory and knowledge to construct viable arguments. Economics often uses Mathematical understanding and problem-solving skills and, therefore, a strong grade at GCSE Mathematics is required. Students will also develop their essay writing and debating skills. Students do not have to have studied Economics at GCSE to complete the course.

Course: Economics A Pearson Edexcel (9EC0) The course is split into four key themes:

  1. the nature of economics and markets
  2. economic performance measures
  3. business behaviour
  4. international economics
Paper 1 Markets and Business Behaviour, 2 hour paper = 35%
Paper 2 The National and Global Economy, 2 hour paper = 35%
Paper 3 Microeconomics and Macroeconomics, 2 hour paper = 30%