Economics

Course summary

Exam board – AQA, Specification 7136 Minimum requirements for the course: Grade 6 in Mathematics and Grade 5 in English. Staff contact: Mr Buchanan, gbu@cheneyschool.org What is Economics all about? The study of the production, distribution, and consumption of goods, both at an individual market (micro) level, and at a national and international (macro) level. An interest in current affairs is important. As a social science, the descriptive and analytical nature of this subject makes it ideal for either ‘Arts’ or ‘Science’ students. Assessment structure: Paper 1: Markets and Market Failure Paper (33⅓%) Paper 2: National and International Economy Paper (33⅓%) Paper 3: Economic Principles and Issues (33⅓%) Each paper is assessed via a 2-hour exam at the end of the course. Complementary courses: Mathematics, Natural Sciences, History, Geography, Politics, Sociology, Politics and English Literature. Leads to: Any humanities, finance, or natural science-based degree course; apprenticeships in finance and accounting. Resources: Essential: AQA A-level Economics Fourth Edition, Powell & Powell (ISBN: 9781510451957). Covered by the Library textbook deposit scheme. Optional: Economics AQA Sixth Edition, Anderton (ISBN: 9780993133107); Economic Review (ISSN: 0265-0290); Nudge, Thaler & Sunstein (ISBN: 9780143115267); Can’t We Just Print More Money?, Patel & Meaning (ISBN: 9781847943385); Maths Skills for A Level Economics, Lawrence (ISBN: 9781408527085); Trust Me, I’m An Economist, BBC Two, 2006; Freakonomics Radio: https://freakonomics.com/archive; Citations Needed Podcast: Economic Jargon and Cliches; http://tiny.cc/economicsrevision What students say: ‘Economics was the class I looked forward to going into. Every lesson I was excited to go in and be stimulated by what we were learning.’