It doesn’t matter if you haven’t studied economics before. You might have an interest in economics and want to know more about the impact economics has on the world around you. You might want to investigate some of the stories you hear in the news – Why do some economies grow and others don’t? Will the Eurozone survive? Why didn’t economists predict the Global Financial Crisis? This course will help you to understand all this and more. Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the 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. In Theme 1 and Theme 2 you will be introduced to the nature of economics, how markets work and why they fail. You will also consider the role of government and the UK economy. In Theme 3 and Theme 4 you will explore how businesses grow and compete, the labour market and how the government intervenes to make markets work better. You will also explore international trade, inequality within and between countries, emerging and developing economies, and the public finances. You will also have an opportunity to consider the role and impact of the financial sector. At A Level there will be three exams. Papers 1 and 2 are worth 35% of the final qualification each. Paper 1 contains short-answer, data response and essay questions on markets and business behaviour – this is the content you study in Theme 1 and Theme 3. Paper 2 contains short-answer, data response and essay questions on the national and global economy – this is the content you study in Theme 2 and Theme 4. Paper 3 is designed to be synoptic. The questions in the exam – data response and essay questions – cover concepts and theory from the whole course. It is worth 30% of your overall A level.
- Minimum prior attainment which must be achieved to enrol on this course: APS of 5.5 including grade 5 or above in English and Maths at GCSE - Best 8 APS of 5.5+, including grade 5 in GCSE English & Maths. If you have studied a subject at GCSE and wish to study it at A Level, a minimum of a grade 5 pass is required.
About Education Provider
| Region | East of England |
| Local Authority | Hertfordshire |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Hitchin Road, Stevenage, SG1 4AE |
It doesn’t matter if you haven’t studied economics before. You might have an interest in economics and want to know more about the impact economics has on the world around you. You might want to investigate some of the stories you hear in the news – Why do some economies grow and others don’t? Will the Eurozone survive? Why didn’t economists predict the Global Financial Crisis? This course will help you to understand all this and more. Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the 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. In Theme 1 and Theme 2 you will be introduced to the nature of economics, how markets work and why they fail. You will also consider the role of government and the UK economy. In Theme 3 and Theme 4 you will explore how businesses grow and compete, the labour market and how the government intervenes to make markets work better. You will also explore international trade, inequality within and between countries, emerging and developing economies, and the public finances. You will also have an opportunity to consider the role and impact of the financial sector. At A Level there will be three exams. Papers 1 and 2 are worth 35% of the final qualification each. Paper 1 contains short-answer, data response and essay questions on markets and business behaviour – this is the content you study in Theme 1 and Theme 3. Paper 2 contains short-answer, data response and essay questions on the national and global economy – this is the content you study in Theme 2 and Theme 4. Paper 3 is designed to be synoptic. The questions in the exam – data response and essay questions – cover concepts and theory from the whole course. It is worth 30% of your overall A level.
- Minimum prior attainment which must be achieved to enrol on this course: APS of 5.5 including grade 5 or above in English and Maths at GCSE - Best 8 APS of 5.5+, including grade 5 in GCSE English & Maths. If you have studied a subject at GCSE and wish to study it at A Level, a minimum of a grade 5 pass is required.