Economics

Year 12 course outline

Theme 1: Introduction to Markets and Market Failure (Microeconomics).

Theme 2: The UK Economy – Performance and Policies (Macroeconomics).

Year 13 course outline

Theme 3: Business Behaviour and the Labour Market (Microeconomics).

Theme 4: A Global Perspective (Macroeconomics).

Opportunities beyond the classroom

• Reflect on today's global world with a focus on the current economic issues and controversies.
• Debates on developing political and economic developments.
• Research into expanding areas such as the work of the Behavioural Insights Team (linking to Psychology and Anthropology).
• External visits to the Bank of England and Economics conferences to understand the role of Economics and to experience and be part of the key debates.
• Talks from and discussions with Economists and Examiners.

Course requirements (GCSE grades/interests)

GCSE grade 6 in English and Maths.

Examinations

Year 12

Internal Exams based on AS Papers 1 and 2

A level Paper 1

(35%): Markets and business behaviour (pulls from Themes 1 and 3) – Multiple Choice and Written Exam: Duration 2 Hours.

A level Paper 2

(35%): The national and global economy (pulls from Themes 2 and 4) – Multiple Choice and Written Exam: Duration 2 Hours.

A level Paper 3

(30%): Microeconomics and Macroeconomics (pulls from all 4 Themes) – Written Exam: Duration 2 Hours.

Higher education courses linked to the subject

Having studied Economics at A level students will be able to study Politics, Statistics, Business Studies, Chartered Accounting, Corporate Finance, Economics, Financial Analysis and Engineering, History.

Careers linked to the subject

Possible career options include management accounting & finance, banking and insurance, marketing and sales, law, economics, entrepreneurism, stock broking and investment, public finance, retail.