A-level Economics
Qualification
A-level Economics
Exam Board
AQA: https://www.aqa.org.uk/subjects/economics/a-level/economics-7136/specification
Course Description
A Level Economics encompasses subjects associated with economics including the market system, market failure and government intervention, the national and international economy, economics of work and leisure, the UK economy and economics in a European context in order to give you the broadest knowledge possible.
Units
Individuals, firms, markets and market failure
1. The economic problem and economic methodology
2. Individual economic decision making
3. Price determination in a competitive market
4. Production, costs and revenue
5. Perfect competition, imperfectly competitive markets and monopoly
6. The labour market
7. The distribution of income and wealth: poverty and inequality
8. The market mechanism, market failure and government intervention in markets
The national and international economy
9. The measurement of macroeconomic performance
10. How the macroeconomy works : the circular flow of income, AD/AS analysis
11. Economic performance
12. Financial markets and monetary policy
13. Fiscal policy and supply-side policy
14. The international economy
15. Exchange rate systems, economic growth and development
Assessment
- Paper 1 | Markets and market failure | 33.3% of A-level | 80 marks
- Paper 2 | National and international economy | 33.3% of A-level | 80 marks
- Paper 3 | Economic principles and issues | 33.3% of A-level | 80 marks
Entry Requirements
Our general entry requirements are that you will need a minimum of five Grade 6s in your GCSEs to study A-Levels.
You do not need to have studied Economics at GCSE level to take this course. It does include mathematical content, as well as evaluative writing skills, so is recommended for those with a grade 6 or above in GCSE Maths and English
Leads to
Study at University Economics.
Potential Careers
Appropriate as part of a broad and balanced curriculum for access to further studies and/or training, with a key focus on the field of business and related subjects including Marketing, Finance, Human Resources.