Economics A level at Shenfield High School
The course is for anyone who would like to achieve the following:
- develop an interest in, and enthusiasm for, the study of the subject
- appreciate the contribution of economics to the understanding of the wider economic and social environment
- use an enquiring, critical and thoughtful approach to the study of economics and develop the ability to think as an economist
- develop skills, qualities and attitudes that will equip them for the challenges, opportunities and responsibilities of adult and working life
Theme 1 focuses on microeconomic concepts. Students will develop an understanding of the nature of economics, how markets work, market failure and government intervention.
Theme 2 focuses on macroeconomic concepts. Students will develop an understanding of measures of economic performance through aggregate demand and aggregate supply analysis. Macroeconomic objectives will then be identified and measured, with students then evaluating the different policies available to achieve them.
Theme 3 develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. Students will develop an understanding of business growth and business objectives. Students will develop their understating of revenues, costs and profits through diagrams to discuss the implications of different market structures. This is then extended into the labour market and government intervention where it is perceived that the market is failing.
Theme 4 develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of international economics, poverty and inequality. Emerging and developing economies will be contrasted to more developed economies, discussing the role of the state in the macro economy to solve issues that occur in less developed economies.
B grades at GCSE in English Language and Mathematics. If you have studied Business Studies or Economics previously you will need to have achieved at least a grade B, or a minimum of a Merit in Level 2 BTEC Business.
The AS is made up of two papers which comprise two sections each. Section A of both papers comprises a range of multiple-choice and short-answer questions. Students answer all questions. Section B comprises one data response question broken down into a number of parts, including a choice of extended open-response questions; students select one from a choice of two. The duration of both of these papers is 1 hour 30 minutes.
The A Level has a similar layout to that already described expect that the exams will test knowledge from both years of study and that papers will last for two hours. Alongside the macro and micro paper, will be an additional paper. This final paper comprises two sections. Each section comprises one data response question broken down into a number of parts, including a choice of extended open-response questions; students select one from a choice of two.
Economics enables students to understand more effectively the current economic issues that affect their lives. It will enable students, as citizens and workers, to recognise the problems faced by themselves and others and to offer informed comment on those problems. At the end of this course students may choose to progress to Higher Education. Alternatively they could pursue employment in a wide range of business areas.
How to apply
If you want to apply for this course, you will need to contact Shenfield High School directly.