A level Economics is well-regarded in academic circles as well as in employment. AS level Economics is a great complementary subject with A level choices such as ICT, Maths, English, History and Geography. It is advisable for most people to have a basic understanding of economics in today’s modern, fast-paced world where the economic situation is unstable.
This course will provide students with a detailed understanding of how an economy works and makes specific reference to financial markets. Students are kept up-to-date with the latest economic developments and reasons for boom and bust. Students will learn to analyse and evaluate economic issues and are encouraged to voice their own opinions.
GCSE Maths grade 6 or above and English Language grade 5 or above.
Microeconomics: the economic problem of scarce resources and unlimited wants, demand and supply, government intervention, competitive markets and efficiency.
Macroeconomics: how the performance of an economy is measured, the circular flow of income, aggregate demand and supply, government policy, the problems of inflation and unemployment.
The full A-Level builds on Year 12 topics and includes models of competition such as perfect competition, oligopoly and monopoly. Students will also study the labour market, investigate the distribution of income/wealth and learn how financial markets operate.
The course will help to provide students with evaluation and analytical skills that can be applied to most areas of further education and employment. Subject specific career paths include law, accountancy, marketing, insurance, banking, management, stockbroking and the civil service.
Financial services is a leading industry in the UK. An A level in Economics gives students a strong foothold in this growing industry.
Examples of Student Work: