Economics

Assessment

Paper 1: Markets and Business Failure What’s assessed – Microeconomics from Themes 1 and 3 Written exam – 2 hours (35% of A level). 100 marks available. Section A comprises a range of multiple-choice and short-answer questions. Section B comprises one data response question, broken down into several parts. Section C comprises a choice of extended open-response questions; students select one from a choice of two. Paper 2: The National and Global Economy What’s assessed – Macroeconomics from Themes 2 and 4 Written exam – 2 hours (35% of A level). 100 marks available. Section A comprises a range of multiple-choice and short-answer questions. Section B comprises one data response question, broken down into several parts. Section C comprises a choice of extended open-response questions; students select one from a choice of two. Paper 3: Microeconomics and Macroeconomics What’s assessed – all topics Written exam – 2 hours (30% of A level). 100 marks available. Students are required to apply their knowledge and understanding, make connections, and transfer higher-order skills across all four themes. The paper comprises two sections. Each section comprises one data response question broken down into several parts, including a choice of extended open-response questions; students select one from a choice of two.