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Economics A Level at John Hampden Grammar School

Course description

A level Economics introduces students to theory that supports analysis of current economic problems and issues in the modern economy. The full A level allows students to study topics in depth developing knowledge, understanding of economic theory so they can apply it appropriately whilst evaluating shortcoming in different approaches.

The A Level Economics course encourages students to appreciate the interrelationships between microeconomics and macroeconomics. Topics covered include:

Individuals, firms, markets and market failure

  • Economic methodology and the economic problem
  • Individual economic decision making
  • Price determination in a competitive market
  • Production, costs and revenue
  • Perfect competition, imperfectly competitive markets and monopoly
  • The labour market
  • The distribution of income and wealth: poverty and inequality
  • The market mechanism, market failure and government intervention in markets

The national and international economy

  • The measurement of macroeconomic performance
  • How the macro-economy works: the circular flow of income, AD/AS analysis, and related concepts
  • Economic performance
  • Financial markets and monetary policy
  • Fiscal policy and supply-side policies
  • The international economy

Entry requirements

Our entry requirements are as follows – all of these requirements must be met:

  • A minimum of 7 GCSE full course passes at a C grade or higher
  • A minimum GCSE total points score of 344 based on the best 8 full course separate subject GCSE passes
  • A minimum B grade in English Language and Mathematics
  • If Business Studies has been taken at GCSE, then a B grade minimum must have been attained.

How to apply

If you want to apply for this course, you will need to contact John Hampden Grammar School directly.

Last updated date: 30 March 2015
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Key information

  • Start date: Next September
  • Duration: 1-2 years