Economics

Course summary

The course focuses on two broad areas, Micro and Macroeconomics. These will be assessed by completing 3 papers at the end of the 2nd year. The 3 papers are as follows: • Markets and Market failure (Paper 1 – 2 hours) Section A: data response questions requiring written answers, choice of one from two contexts worth 40 marks Section B: essay questions requiring written answers, choice of one from three worth 40 marks • National and International Economy (Paper 2 – 2 hours) same assessment as paper 1 but on Macroeconomics • Economic Principles and Issues (Paper 3 – 2 hours) Section A: multiple choice questions worth 30 marks Section B: case study questions requiring written answers, worth 50 marks WILL I ENJOY THE COURSE? You will enjoy this course if you want to study a subject that: • challenges you academically and is highly thought of by Oxbridge Universities. • is relevant to the world in which you live and to your future, focusing on explaining recent economic news. • encourages you to discuss current affairs and issues. • is studied through investigation, not just listening and reading. • develops a full range of skills that will be useful in other subjects you study and in employment. • examines issues logically and systematically. • puts emphasis on independent research, analysis and evaluation of information and allows you to utilise ICT resources such as spreadsheets, the internet, and presentation packages PowerPoint).