Theme 1: Introduction to markets and market failure focuses on microeconomic concepts. Students will develop an understanding of the nature of economics, how markets work, market failure and government intervention. Theme 2: The UK economy performance and policies focuses on macroeconomic concepts. Students will develop an understanding of measures of economic performance, aggregate demand, aggregate supply, national income, economic growth and macroeconomic objectives and policy. Theme 3: Business behaviour and the labour market theme develops the microeconomic concepts introduced in theme 1 and focuses on business economics. Students will develop understanding of business growth, business objectives, revenues, costs and profits, market structures and labour market. Theme 4: A global perspective develops the macroeconomic concepts introduced in theme 2 and applies these concepts in a global context. Students will develop an understanding of internal economics, poverty and inequality, emerging and developing economies and the financial sector.
• To enter Sixth Form you require 5 GCSE’s Grade 4 and above, including English or Maths. • For students who typically attain 9-5 grades at GCSE. • Grade 6 in English and Maths.
Assessment is through three 2 hour papers: Paper 1: Markets and business behaviour (35%) Paper 2: The national and global economy (35%) Paper 3: Micro and macroeconomics (30%)
About Education Provider
| Region | West Midlands |
| Local Authority | Warwickshire |
| Ofsted Rating | Serious Weaknesses |
| Gender Type | Co-Educational |
| Address | Ashlawn Road, Hillmorton, Rugby, CV22 5ET |
Theme 1: Introduction to markets and market failure focuses on microeconomic concepts. Students will develop an understanding of the nature of economics, how markets work, market failure and government intervention. Theme 2: The UK economy performance and policies focuses on macroeconomic concepts. Students will develop an understanding of measures of economic performance, aggregate demand, aggregate supply, national income, economic growth and macroeconomic objectives and policy. Theme 3: Business behaviour and the labour market theme develops the microeconomic concepts introduced in theme 1 and focuses on business economics. Students will develop understanding of business growth, business objectives, revenues, costs and profits, market structures and labour market. Theme 4: A global perspective develops the macroeconomic concepts introduced in theme 2 and applies these concepts in a global context. Students will develop an understanding of internal economics, poverty and inequality, emerging and developing economies and the financial sector.
• To enter Sixth Form you require 5 GCSE’s Grade 4 and above, including English or Maths. • For students who typically attain 9-5 grades at GCSE. • Grade 6 in English and Maths.
Assessment is through three 2 hour papers: Paper 1: Markets and business behaviour (35%) Paper 2: The national and global economy (35%) Paper 3: Micro and macroeconomics (30%)