A Level Economics
Examining Board: AQA
Overview
Economics is a social science that studies human behaviour, especially why certain choices are made by individuals, businesses, and governments. We study how markets work and how they fail. In order to do so effectively, we study the dynamics of change at a micro level (i.e. individuals and companies), as well as at the macro levels of governments and international trading partners. You will develop the knowledge and skills needed to understand data, think critically about issues, and make decisions. Economics provides tools for improving how people can live better lives.
Course Content
A Level Economics has the following topics:
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Markets and the Price Mechanism
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Theory of the Firm
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Individual Economic Decision Making
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Labour Economics
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Market Failure
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Monopolies and Oligopolies
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Macroeconomic Indicators
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Economic Growth and its Consequences
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Inflation and Unemployment
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Fiscal and Monetary Policy
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International Economics and International Development
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Distribution of Wealth and How Governments Manage the Economy
Entry Requirements
5 GCSEs at Grade 4 or above, including Mathematics and English Language, and a
Science subject at Grade 4 or above.
How is it Assessed?
Paper 1: Markets and Market Failure (33%)
Paper 2: National and International Economics (33%)
Paper 3: Economics Principles and Issues (33%)
Future Pathways with Economics
Economics at A Level is highly regarded by both employers and universities due to the range and depth of study as well as the Assessment Objectives, which require significant intellectual rigour throughout the course.
A degree in the subject is the third highest paid occupation for new graduates and will open up opportunities in Finance, Business, Marketing, Government and Consultancy.
There are excellent Apprenticeship options, e.g. in the Government Economic Service, where we have seen our former students pursue very successful careers.
