A Level Economics

Kings Ely sixth form

Academic

A Level Economics

Our economists go on to study Economics or Politics, Philosophy and Economics at university or Business and Management courses.

 

All students, whether from King’s Ely Senior or new to the school, start the subject from scratch, with no presumption of prior knowledge.

Economics is a dynamic social science, forming part of the study of Individuals and Society, and is essentially about the concept of scarcity and the problem of resource allocation.

Economics is a well-established and popular subject in the Sixth Form, with approximately thirty students currently in each year of the course. All students, whether from King’s Ely Senior or new to the school, start the subject from scratch, with no presumption of prior knowledge.

Take Economics at A Level if you are interested in the world around you and you want to investigate how our Economic system works. Economics contains elements of the arts and sciences, so combines well with a wide range of other subjects. It can lead to professional qualifications in business and finance as well as to degree courses in Economics.

Prerequisite

Minimum grade 6 in GCSE English and GCSE Mathematics.
Topic Overview

 

The Economics specification gives a strong grounding in both microeconomics and macroeconomics, through a multi-component externally assessed qualification.

The key purpose of this qualification is to provide an introduction to the study of Economics, with the content focusing on providing the basic knowledge and understanding of the essential aspects of economic theory and concepts.

The aim is for the learners to learn how to ‘think as economists’, and be able to develop the necessary analytical, questioning and quantitative skills in order to progress in the subject, within relevant associated subjects or for use in their professional lives.

Learners will develop various skillsets - from data analysis, problem solving and high tariff writing to independent learning, critical thinking and decision making - which can make them stand out as they progress to higher education and/or the workplace.

Because it is topical - and because economists often disagree it can also be controversial. You are encouraged to keep up with current issues in the newspapers and on television.
Assessment

 

Learners must complete all components (01, 02 and 03)

Content overview

Microeconomics (01)*

80 marks - 2 hour written paper - 33.33% of total A Level

  • Microeconomic theory
  • How competitive markets work
  • Market failures and government intervention
  • Thoeretical working of the free market
  • Imperfections and market failures

Macroeconomics (02)*

80 marks - 2 hour written paper - 33.33% of total A Level

  • Macroeconomy functions on a domestic and global level
  • Policy approaches
  • Macroeconomic equilibrium
  • Changes in macroeconomics over time

Themes in economics (03)*

80 marks - 2 hour written paper - 33.33% of total A Level


*Indicates synoptic assessment

Economics A Level Exam Specification

 

Meet the head of Economics

Nick Williams

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EMAIL NICK WILLIAMS

 
 

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