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Economics

Department:
Business
Type of Qualification:
A Level
Exam Board:
AQA
Requirements:
Grade 6 in GCSE English and Mathematics

Course Content

A Level Economics is a two-year course that initially focuses on building students’ knowledge of core economic concepts and how they apply in a wide range of contexts. This approach allows students to gain insights into the functioning of the economy from both micro and macroeconomic perspectives. The second year builds on the first, encouraging students to use economic theory to support their analysis of current economic problems and issue and develop an appreciation of the interrelationship between microeconomics and macroeconomics.

Style Of Assessment

A Level Economics is assessed entirely through examinations. There are a variety of question styles employed, including multiple choice questions, calculation questions and extended essay writing.

Each exam is two hours long and has a different focus:

  • Paper 1: Microeconomics: Markets and market failure
  • Paper 2: Macroeconomics: National and international economy
  • Paper 3: Economic principles and issues (a synoptic paper that gives student the opportunity to apply principles from both micro and macroeconomics to solve a topical issue from the world of economics.

Whose kind of course?

A Level Economics is an ideal subject for dedicated students who are passionate about current affairs and possess a strong curiosity for comprehending the economic forces that drive our world. It is a demanding subject that places high academic expectations on all students. Students looking to read PPE at Oxford or Cambridge would be well advised to consider A Level Economics.

For those who seek to exceed the standard course requirements, there are range of options for enrichment. Students can explore a plethora of challenging but gripping books covering a wide range of economic issues. Additionally, they can delve into the political and philosophical foundations that underpin the diverse schools of thought within economics. Finally, students are encouraged to participate in national competitions, such as the Young Economist of the Year, which encourages students to broaden their knowledge and the quality of their thinking.

Career Prospects

This course cultivates critical thinking and analytical skills, which are invaluable for all students, irrespective of their career aspirations. While it is an excellent choice for those aiming for careers in economics, business, and finance, it is equally valuable for individuals interested in pursuing roles within government, the non-profit sector, or international development.