Economics
Specific Entry Requirements
You will be expected to have achieved at least a Level 4 in Mathematics and English at IGCSE/GCSE.
Course Modules
The syllabus over two years covers a range of economics ideas and they include the following:
AS Level
- The economic problem
- Allocation of resources
- The market economy
- Production possibility curves
- The price system
- Microeconomics
- Macroeconomics
- Government intervention
A Level
- Economic efficiency
- Market failure
- Law of diminishing marginal utility
- Law of diminishing returns
- Market structures,
- Government policies
- Economic growth
How You Will Be Assessed
AS Level Economics is assessed by two external examinations.
Paper 1- Multiple Choice, (1 hour exam), 20% of the overall grade
Paper 2 - Date-response and structured essay, (1 hour 30 min exam), 30% of overall grade
A Level Economics is assessed by two further examinations.
Paper 3- Multiple Choice, (1 hour 15 min exam), 15% of the overall grade
Paper 4 - Date-response and structured essay, (3 hour 15 min exam), 35% of the overall grade
University Courses and Career Paths
You can progress on to University or a career in economics.
Jobs include chartered accountant, compliance officer, data analyst, economist, financial risk analyst, Investment analyst, stockbroker, statistician and more.