A Level Economics will give you an excellent understanding of how economies allocate their scarce resources to meet the needs and wants of their citizens. You will develop a greater understanding of the economic problems which face individuals, firms and governments on a local, national and global level and the alternative ways these problems can be resolved. Over this two-year course, you will study areas and topics drawn from both micro and macroeconomics. You will investigate microeconomic topics such as how individual decisions impact economic outcomes, the importance of competition, how markets operate and why they fail and how the distribution of income and wealth is affected. At the same time, you will learn about macroeconomics, looking at the ‘big picture’ of how our national economy fits into the global context, the global impact of financial markets and monetary policy and the operation of the international economy.
Students should have achieved 5 GCSEs at grades 9-5 including a Grade 5 or above in English and Maths and Science.
The A Level has three, two hour written exams. Paper 1 - Markets and market failure: students answer two questions. Paper 2 - National and international economy Paper 3 - Economic principles and issues
About Education Provider
| Region | East of England |
| Local Authority | Suffolk |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Wells Hall Road, Great Cornard, Sudbury, CO10 0NH |
A Level Economics will give you an excellent understanding of how economies allocate their scarce resources to meet the needs and wants of their citizens. You will develop a greater understanding of the economic problems which face individuals, firms and governments on a local, national and global level and the alternative ways these problems can be resolved. Over this two-year course, you will study areas and topics drawn from both micro and macroeconomics. You will investigate microeconomic topics such as how individual decisions impact economic outcomes, the importance of competition, how markets operate and why they fail and how the distribution of income and wealth is affected. At the same time, you will learn about macroeconomics, looking at the ‘big picture’ of how our national economy fits into the global context, the global impact of financial markets and monetary policy and the operation of the international economy.
Students should have achieved 5 GCSEs at grades 9-5 including a Grade 5 or above in English and Maths and Science.
The A Level has three, two hour written exams. Paper 1 - Markets and market failure: students answer two questions. Paper 2 - National and international economy Paper 3 - Economic principles and issues