Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from decisions we make as individuals or families to the structures created by governments and firms. An economic way of thinking can help you make better choices. What does the course involve? • Debating economic issues such as inequality, immigration and how we should pay for healthcare. • Using and interpreting data to analyze economic problems. • Keeping up to date with national and international economic news.
GCSE English & Mathematics grade 5+.
PAPER 1 Theme 1: Introduction to markets and market failure In this unit students study the nature of economics and how markets work. They will also explore market failure and how governments intervene. Theme 3: Business behavior and the labour market In this unit students study how businesses grow and compete, the labour market and how the government intervenes to make markets work better. Written exam: 2 hours 35% of A Level PAPER 2 Theme 2: The UK economy - performance and policies Students study measures of economic performance including national income and economic growth. Aggregate demand and supply. Macroeconomic objectives and policy. Theme 4: A global perspective Students study international trade, inequality within and between countries, emerging and developing economies, and the public finance. They will also consider the role and impact of the financial sector. Written exam: 2 hours 35% of A Level PAPER 3 Questions drawn from all 4 themes. Written exam: 2 hours 30% of A Level
About Education Provider
| Region | East Midlands |
| Local Authority | North Northamptonshire |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Irchester Road, Wollaston, Wellingborough, NN29 7PH |
Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from decisions we make as individuals or families to the structures created by governments and firms. An economic way of thinking can help you make better choices. What does the course involve? • Debating economic issues such as inequality, immigration and how we should pay for healthcare. • Using and interpreting data to analyze economic problems. • Keeping up to date with national and international economic news.
GCSE English & Mathematics grade 5+.
PAPER 1 Theme 1: Introduction to markets and market failure In this unit students study the nature of economics and how markets work. They will also explore market failure and how governments intervene. Theme 3: Business behavior and the labour market In this unit students study how businesses grow and compete, the labour market and how the government intervenes to make markets work better. Written exam: 2 hours 35% of A Level PAPER 2 Theme 2: The UK economy - performance and policies Students study measures of economic performance including national income and economic growth. Aggregate demand and supply. Macroeconomic objectives and policy. Theme 4: A global perspective Students study international trade, inequality within and between countries, emerging and developing economies, and the public finance. They will also consider the role and impact of the financial sector. Written exam: 2 hours 35% of A Level PAPER 3 Questions drawn from all 4 themes. Written exam: 2 hours 30% of A Level