Economics A-Level at Christ's College Finchley
Learning about, and keeping up to date with current economic events is at the core of this subject. The exam papers present stimulus material on economic issues, such as those mentioned above, and ask the candidates to explore them with relevant theory and concepts in a series of short and essay style questions. So being interested in, and keeping up to date with, current economic issues is crucial.
The Edexcel / Pearson course is divided into four units:
Year One AS Level: Unit 1: Competitive Markets — How They Work and Why They Fail.
An introduction into supply and demand
Unit 2: Managing the Economy
An introduction into promoting economic growth, controlling inflation, reducing unemployment, and keeping the international balance of payments balanced!
Year Two A2 Level: Unit 3: Business Economics and Economic Efficiency
An introduction into the market structures of perfect competition, monopoly, oligopoly and monopolistic competition.
Unit 4: The Global Economy
An introduction into international trade, multi-national companies and developing economies.
Each of these four units are fully explained in the dedicated Edexcel text that we use namely, “Economics 5th edn” by Alain Anderton. We also use specific unit guides published by Philip Allan.
Three frequently used websites are
- http://www.tutor2u.net/ an excellent portal for economics and business education produced by the dynamic Geoff Riley and his energetic team
- http://www.ons.gov.uk/ons/index.html- a mine field of economic statistics produced by the Office for National Statistics
- http://www.lse.ac.uk/publicEvents/eventsHome.aspx- a diary of past and future public events held at the London School of Economics. Frequent visits are made to these events and students are encouraged to access the recordings that can help to inform the writing of their weekly assignments.
Most students combine this subject with other social sciences and humanities where they develop a skill for abstract reasoning and argumentation. But others from a natural sciences background have found it very rewarding to learn about the economics of the day.
For studying at Advanced Level
Applicants must achieve a minimum average GCSE score of 40 points (where A* counts 58 points, A as 52, B as 46, C as 40, etc.). Students who have studied at BTEC Level 2 must have achieved a high Merit grade as a minimum. In addition there are GCSE requirements for individual subjects, where they are oversubscribed. Where subjects are oversubscribed, places will be offered to students in rank order of their average point score.
Subject specific requirements
A Grade B is the normal requirement in the subject you wish to study at Advanced Level but a Grade B does not guarantee acceptance on to the course. Where a course is under-subscribed consideration will be given to those candidates who marginally fail to meet the entry requirements.
For the Economics A-Level specifically you must achieve the following:
GCSE English - C
GCSE Maths - C
GCSE B in a written subject*
*Written subjects at GCSE = English Language, English Literature, History, Business Studies, Geography, RE, Humanities, Sociology, Economics, Media Studies and Classical Civilisation.
How to apply
If you want to apply for this course, you will need to contact Christ's College Finchley directly.