Economics

A level Economics is divided into two parts: Microeconomics and Macroeconomics. Microeconomics explores the concept of an ideal free market based on perfect competition, and compares it with the complexity and inefficiency of real modern market phenomena. Macroeconomics looks at economics from a national point of view and explores themes like inequality, unemployment and immigration, economic growth and trade/budget deficits.

During the A Level course, students will focus on the following areas:
Unit 1: Markets and market failure
Unit 2: National and international economy
Unit 3: Economic and principles and issues

Assessment

Unit 1(33.3%): written examination
Section A: data response
Section B: essay question

Unit 2 (33.3%): written examination
Section A: data response
Section B: essay question

Unit 3 (33.3%): written examination
Section A: multiple choice marks
Section B: case study

Progression Routes

Students completing the A Level in Economics can progress into any field linked to the finance industry. Many students continue on to University to study Economics, Accounts, Finance and/or Mathematics. Students may also be interested in a career in the stock markets or risk management.

Additional Information

The A Level course is supported by the exam board text book for the AQA exam board.