Theme 1: Introduction to markets and market failure Students will develop an understanding of the basic economic problem, the role of entrepreneurs, markets and credit in an economy, how markets fail and government intervention. Theme 2: The Wider Economic Environment This theme 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 This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics Theme 4: A Global Perspective This unit develops the concepts introduced in unit 2 and applies these concepts in a global context.
6 in English Language AND a 6 in Mathematics.
Paper one assesses microeconomics with questions drawn from themes 1 and 3. The paper is composed of multiple choice, short answer questions, a data response question and one open response question. Weighting = 35% of A Level marks Paper two assesses macroeconomics with questions drawn from themes 2 and 4. The paper is composed of multiple choice, short answer questions, a data response question and one open response question. Weighting = 35% of A Level marks Paper three assesses all 4 themes. The paper is composed of 2 sections. Each section comprises one data response question broken down into a number of parts, including a choice of extended open-response questions; students select one from a choice of two. Weighting = 30% of A Level marks
About Education Provider
| Region | South East |
| Local Authority | Milton Keynes |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Venturer Gate, Milton Keynes, MK10 9JQ |
Theme 1: Introduction to markets and market failure Students will develop an understanding of the basic economic problem, the role of entrepreneurs, markets and credit in an economy, how markets fail and government intervention. Theme 2: The Wider Economic Environment This theme 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 This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics Theme 4: A Global Perspective This unit develops the concepts introduced in unit 2 and applies these concepts in a global context.
6 in English Language AND a 6 in Mathematics.
Paper one assesses microeconomics with questions drawn from themes 1 and 3. The paper is composed of multiple choice, short answer questions, a data response question and one open response question. Weighting = 35% of A Level marks Paper two assesses macroeconomics with questions drawn from themes 2 and 4. The paper is composed of multiple choice, short answer questions, a data response question and one open response question. Weighting = 35% of A Level marks Paper three assesses all 4 themes. The paper is composed of 2 sections. Each section comprises one data response question broken down into a number of parts, including a choice of extended open-response questions; students select one from a choice of two. Weighting = 30% of A Level marks