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Economics A level at Queen Elizabeth's Grammar School

Course description

Theme 1: Introduction to markets and market failure
This theme focuses on microeconomic concepts. Students will develop an understanding of:
  • nature of economics
  • how markets work
  • market failure
  • government intervention
Theme 2: The UK economy – performance and policies
This theme focuses on macroeconomic concepts. Students will develop an understanding of:
  • measures of economic performance
  • aggregate demand
  • aggregate supply
  • national income
  • economic growth
  • macroeconomic objectives and policy
Theme 3: Business behaviour and the labour market
This theme develops the microeconomic concepts introduced in Theme 1 and 2 and focuses on business economics. Students will develop an understanding of:
  • business growth
  • business objectives
  • revenues, costs and profits
  • market structures
  • labour market
  • government intervention
Theme 4: A global perspective
This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding
  • international economics
  • poverty and inequality
  • emerging and developing economies
  • the financial sector
  • role of the state in the macroeconomy

Entry requirements

To follow a programme of A-Level subjects, students must have a minimum of 5.5 GCSE points from at least six GCSEs, which must include English and Mathematics (at grade 5). 
In order to study a subject at A-Level that has been studied at GCSE it is necessary to have at least a grade C (grade 5 if English) in that subject.
GCSE equivalence grades at C or above, from courses such as BTECs can only be
counted as one of the six grades required for entry to the Sixth Form. These will not be sufficient to study Mathematics or Science at AS Level.
All students must have a good record of conduct and be comfortable with the values and the ethos of the academy. All students will be interviewed and references sought for external candidates.
Progress from Year 12 to Year 13 is not automatic and is dependent upon a successful first year and a pass grade in the progression exams taken at the end of Year 12.


A level:
1. Markets and business behaviour: Themes 1 and 3
  • Written Exam: 2hr - 35% of A level
2. The national and global economy: Themes 2 and 4
  • Written Exam: 2hr - 35% of A level
3. Microeconomics and macroeconomics: Themes 1-4
  • Written Exam: 2hr - 30% of A level


AS level:

1 Introduction to markets and market failure: Theme 1
  • Written Exam: 1hr 30min - 50% of AS level
2 The UK economy – performance and policies: Theme 2
  • Written Exam: 1hr 30min - 50% of AS level

How to apply

If you want to apply for this course, you will need to contact Queen Elizabeth's Grammar School directly.

Last updated date: 23 December 2016

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