What will students’ study in Economics? A-Level Economics gives students an opportunity to look at and analyse the economic output of entire countries, asking questions such as: What is their position in the international marketplace? How they allocate their limited resources to build growth? It also focuses on the individual and industries, looking at the buyer and seller, what impacts demand, and how people and companies respond to price changes. Students also gain an idea of how economists reach decisions, how observations are converted into theories and models, how these are tested, and whether they have practical value. Economics involves the analysis of quantitative data and evidence, so sound mathematical ability is required to study economics successfully. Students should also have an interest in the workings of individual industries and the policy decisions of governments, as the A-Level looks at both of these. Students will be expected to keep up-to-date with economic changes and trends, so an interest in watching or reading current affairs is helpful. Course content and outline Students will study two modules; Year 12 – Micro Economics; Individuals, Firms, Markets and market failure 1. The economic problem and economic methodology 2. Individual economic decision making 3. Price determination in a competitive market 4. Production, costs and revenue 5. Perfect competition, imperfectly competitive markets and monopoly 6. The labour market 7. The distribution of income and wealth: poverty and inequality 8. The market mechanism, market failure and government intervention in markets Year 13 – Macro Economics; The national and international economy 9. The measurement of macroeconomic performance 10. How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts 11. Economic performance 12. Financial markets and monetary policy 13. Fiscal policy and supply-side policies 14. The international economy What are the major assessments this year? Students will undertake 3 exam papers focusing on: • Markets and market failure Content 1-8 above • National and International Economy Content 9-14 above • Economic principles and issues All content 1-14 above Each paper is 2 hours long and worth 80 marks (33.3% of the A-level) Whom should I contact for further advice or information? Curriculum Leader of Business, Economics and Enterprise, Mr Stockwell: jimstockwell@carshaltongirls.org.uk
6 in English Language, 6 in Mathematics and 6 in Citizenship / Sociology if taken
About Education Provider
| Region | London |
| Local Authority | Sutton |
| Ofsted Rating | Good |
| Gender Type | Girls |
| Address | West Street, Carshalton, SM5 2QX |
What will students’ study in Economics? A-Level Economics gives students an opportunity to look at and analyse the economic output of entire countries, asking questions such as: What is their position in the international marketplace? How they allocate their limited resources to build growth? It also focuses on the individual and industries, looking at the buyer and seller, what impacts demand, and how people and companies respond to price changes. Students also gain an idea of how economists reach decisions, how observations are converted into theories and models, how these are tested, and whether they have practical value. Economics involves the analysis of quantitative data and evidence, so sound mathematical ability is required to study economics successfully. Students should also have an interest in the workings of individual industries and the policy decisions of governments, as the A-Level looks at both of these. Students will be expected to keep up-to-date with economic changes and trends, so an interest in watching or reading current affairs is helpful. Course content and outline Students will study two modules; Year 12 – Micro Economics; Individuals, Firms, Markets and market failure 1. The economic problem and economic methodology 2. Individual economic decision making 3. Price determination in a competitive market 4. Production, costs and revenue 5. Perfect competition, imperfectly competitive markets and monopoly 6. The labour market 7. The distribution of income and wealth: poverty and inequality 8. The market mechanism, market failure and government intervention in markets Year 13 – Macro Economics; The national and international economy 9. The measurement of macroeconomic performance 10. How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts 11. Economic performance 12. Financial markets and monetary policy 13. Fiscal policy and supply-side policies 14. The international economy What are the major assessments this year? Students will undertake 3 exam papers focusing on: • Markets and market failure Content 1-8 above • National and International Economy Content 9-14 above • Economic principles and issues All content 1-14 above Each paper is 2 hours long and worth 80 marks (33.3% of the A-level) Whom should I contact for further advice or information? Curriculum Leader of Business, Economics and Enterprise, Mr Stockwell: jimstockwell@carshaltongirls.org.uk
6 in English Language, 6 in Mathematics and 6 in Citizenship / Sociology if taken
