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Economics (GCE)

Business, Administration and Law

Business, Administration and Law
Business, Administration and Law
We are only accepting one application per candidate.

What will you be working towards?

Code Economics
Qualification Type GCE A/AS Level or Equivalent
Qualification Level Not Set
Course type Full Time

Overview

Why Study Economics?

Economics enables students to use economic models to help them understand the complexities of the world around them. Students also use data to help them analyse markets and economies, and how governments try to influence both. Students are introduced to different perspectives, aspects of economic history and develop an understanding of economic issues.  Economics includes topics such as economic growth, poverty and inequality, market structures and the labour market.

Details

Economics specification A enables students to use economic models to help them understand the complexities of the world around them.

 

Theme 1:  Introduction to markets and market failure

a)     The nature of economics

b)    How markets work

c)     Market failure

d)    Government intervention

 

Theme 2:  The UK Economy – performance and policies

a)     Measures of economic performance

b)    Aggregate demand

c)     Aggregate supply

d)    National income

e)     Economic growth

f)      Macroeconomic objectives and policy

 

Theme 3: Business behaviour and the labour market

a)     Business growth

b)    Business objectives

c)     Revenues,  costs and profits

d)    Market structures

e)     The labour market

f)      Government intervention

 

Theme 4: A global perspective

a)     International economics

b)    Poverty and inequality

c)     Emerging and developing economies

d)    The financial sector

e)     Role of the state in the macroeconomy

How will it be delivered?

Assessment is by 3 x 2 hours written exam papers that will be sat at the end of the course. The A level papers will assess the AS and A Level content.

 

Paper 1:  Markets and business behaviour – assesses Theme 1 and Theme 3 content. It will consist of a range of multiple choice questions, short answer questions and a data response questions broken down into a number of parts with a choice of extended open response questions.

 

Paper 2: The national and global economy – assesses Theme 2 and Theme 4 content. It will consist of a range of multiple choice questions, short answer questions and a data response questions broken down into a number of parts with a choice of extended open response questions.

 

Paper 3: Microeconomics and macroeconomics – assesses content from across all themes.  It will consist of a range of multiple choice questions, short answer questions and a data response questions broken down into a number of parts with a choice of extended open response questions.

Entry requirements

The aim of our entry criteria policy is to ensure students are taking courses they are well suited to and are able to make progress in. We seek to provide courses well matched to the needs of our students, helping them to follow their chosen progression pathway.

Our main College entry requirements are as follows;

Entry Requirements

A minimum of five 9-4 grades at GCSE, including English and Maths (at least to Level 4) from five different subject areas.

Purely vocational pathway require a minimum of four 9-4 grades at GCSE, including English and Maths (at least to Level 4) from four different subject areas.

There will be three pathways which students can follow based on an average grade produced from their seven best GCSE results. The calculation being used for this van be seen overleaf.

Pathway

Average Grade

Programme of study

1

Average grade of 7 or higher

3 or 4 A Levels

2

Average grade of 5 to 6.9

3 A Levels or a mixed A Level and Vocational pathway

3

Average grade of less than 5

Mixed (A Level and Vocational) or Vocational pathway

The method for calculating your average grade and additional subject requirements are within our full entry criteria document which can be found on the Sixth Form section of our website:

http://home.shelleycollege.org/sixth-form/how-to-apply

As well as our general entry requirements, there are certain subjects which hold individual expectations based on GCSE outcomes. 

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