Economics
Wath Academy - Rotherham
01709760222
Sandygate, Wath-on-Dearne, Rotherham, S63 7NW
Course summary

Contents • What is Economics? • Why should I study Economics? • What careers could A Level Economics lead to? • What will I study? • How will I be assessed? • Recommended resources • Additional support Economics is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively. Two major types of economics are microeconomics, which focuses on the behaviour of individual consumers and producers, and macroeconomics, which examines overall economies on a regional, national, or international scale. Economics is especially concerned with efficiency in production and exchange and uses models and assumptions to understand how to create incentives and policies that will maximize efficiency. Economists formulate and publish numerous economic indicators, such as gross domestic product (GDP) and the Consumer Price Index (CPI). Capitalism, socialism, and communism are types of economic systems. Ever stopped to think about why you buy the things you buy? Ever wondered why prices keep going up? Or why the value of the pound goes up or down at different times? These and many other questions are tackled in the study of economics. Economics involves an increased understanding of the way the human world works and the motivators that drive individuals, firms and nations to make the choices they make. It also helps to develop a range of key skills that will help you in your future life, such as: • Problem-solving • Critical thinking • Independent research skills • Literacy • Numeracy • Reasoning and logic • Communication • Data analysis and interpretation of data • Oracy

Entry requirements

To study A Level courses, students should have a minimum of a grade 5 in GCSE English and Mathematics. They should also have three grade 5 from other subjects.

How you'll be assessed

AQA A-level Economics assesses all content at the end of the course meaning that you will sit 3 x 2 hour exams in the summer of Y13. There will be ongoing assessments throughout the two years which will test the full range of content and skills required to be successful in the terminal examinations. Regular multiple choice questions will be accompanied by longer answer, context-based questions as well as extended 25-mark essay questions.

School Info

About Education Provider

RegionYorkshire and the Humber
Local AuthorityRotherham
Ofsted RatingGood
Gender TypeCo-Educational
AddressSandygate, Wath-on-Dearne, Rotherham, S63 7NW