Economics - A Level

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Course Content Year 12 Theme 1: Introduction to markets and market failure This theme focuses on microeconomic concepts. You will develop an understanding of: ? Nature of economics ? How markets work ? Market failure ? Government intervention. Theme 2: The UK Economy – Performance and Policies This theme focuses on macroeconomic concepts. You will develop an understanding of: ? Measures of economic performance ? Aggregate demand ? Aggregate supply ? National income ? Economic growth ? Macroeconomic objectives and policy. Year 13
Theme 3
Business Behaviour and the Labour Market
This theme develops the microeconomic concepts introduced in Theme 1 and
focuses on business economics.
You will develop an understanding of:
• Business growth
• Business objectives
• Revenues, costs and profits
• Market structures
• Labour market
• Government intervention.
Theme 4
A Global Perspective
This theme develops the macroeconomic concepts introduced in Theme 2 and
applies these concepts in a global context. You will develop an understanding of:
• International economics
• Poverty and inequality
• Emerging and developing economies
• The financial sector
• Role of the state in the macroeconomy.

Assessment Paper 1: 2h written exam will assess microeconomics and questions will be drawn from Themes 1 and 3. 100 marks (35% of total A level) Paper 2: 2h written exam will assess macroeconomics and questions will be drawn from Themes 2 and 4 100 marks (35% of total A level) Paper 3: 2h written exam will assess content across all four themes. Students are required to apply their knowledge and understanding, make connections and transfer higher-order skills across all four themes. 100 marks (30% of total A level) Extended Learning Bank of England Target 2.0 Competition Stock Market Challenges Economics Activities Day National Essay Competition Study Trip to Paris/New York

Minimum requirements for admission to the Sixth Form:

• A grade 5 in mathematics .
• A grade 5 in English language or English literature .
• Achieving at least 3 other GCSEs at grade 6 or above.

Subject specific requirement*

• Grade 6 in Mathematics required

Career Opportunities A high percentage of Economics graduates enter employment immediately upon graduation, one third of these in the business and finance sectors. Studying economics gives you many marketable skills that are applicable to several jobs, such as banking, government ministries, journalism, law, education and industry management.