Economics
Lead: Mrs Pindoria
Email: mpindoria1.310@parkhighstanmore.org.uk
Subject overview
A-level Economics will give you an excellent understanding of how economies allocate their scarce resources to meet the needs and wants of their citizens. You will develop a greater understanding of the economic problems which face individuals, firms and governments on a local, national and global level and the alternative ways these problems can be resolved. You will investigate microeconomic topics such as how individual decisions impact economic outcomes, the importance of competition, how markets operate and why they fail and how the distribution of income and wealth is affected. At the same time you will learn about macroeconomics, looking at the ‘big picture’ of how our national economy fits into the global context, the global impact of financial markets and monetary policy and the operation of the international economy.
“For me, economics is about the world around us, it is the study of humankind; the study of how individuals, firms and governments interact with each other to allocate scarce resources” – Student
Exam Board: Pearson Edexcel A
Course Specification: Edexcel Economics A 9EC0
Qualification obtained: : Pearson Edexcel Level 3 Advanced Level GCE in Economics A
Entry requirements:
Students must achieve at least six 9-4 grades including English Language and Mathematics at GCSE.
Grade 6 in Mathematics & 5 in English Language
What you will study
Topics covered:
- Theme 1 - Introduction to Markets and Market Failure
- Theme 2 - The UK economy- performance and policies
- Theme 3 - Business behaviour and the labour market
- Theme 4 - A global perspective
Assessment
Assessment percentage:
100% Exam
Unit Code | Unit Title | Assessment | Weight |
01 | Markets and Business behaviour-(Theme 1&3) | Written Exam: 100 marks, 2hr | 35% |
02 | The national and global economy- (Theme 2&4) | Written Exam: 100 marks, 2hr | 35% |
03 | Microeconomics and macroeconomics – (all themes) | Written Exam: 100 marks, 2hr | 30% |
Progression routes
An A-level in Economics will benefit you if you are looking to go on to study economics, business or finance at university. The skills you acquire will help you no matter what degree course you choose. You may choose to pursue a career in a directly related field such as banking or finance. The A-level course in Economics will stand you in good stead by giving you an insight and understanding of the economic forces that impact your day to day activities. Alternatively, you may decide to follow a career path which isn’t directly related to your course of study. The analytical and evaluation skills that you will have developed will be useful whatever path you choose in the future.
Additional Information
Course specific equipment:
- Calculators
- Pens
- Pencils
- Rulers
- Files
- Dividers
Essential Reading Material:
Pearson Edexcel A Level Economics A Fourth Edition (tbc) ISBN9781510449596
Economics Review Magazine
Daily newspapers
The Economist
Useful Websites: