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Economics AS & A Level at Archbishop Tenison's CofE High School

Course description

Economists are in great demand in business, banking, finance and industry as well as in national governments and international organisations, with Economics being central to the modern world.   The OCR course gives students the opportunity to study some of today’s most important problems, ranging from poverty and economic growth in developing countries to EU membership and sugar taxes. You also look at dilemmas facing households, firms and governments such as investment in the health service and the provision of public transport

Course content

AS Level and A Level Year 1

Microeconomic theory 

  • Scarcity and choice
  • How competitive markets work
  • Market failures and government intervention

Macroeconomic functions on a domestic and global level

  • Macroeconomic policy objectives and performance indicators
  • Macroeconomic policy instruments
  • International trade, balance of payments and the exchange rate
  • Aggregate demand, aggregate supply and macroeconomic equilibrium

A Level Year 2

Microeconomic theory

  • Theoretical working of the free market
  • Imperfections and market failures Macroeconomic functions on a domestic and global level
  • Policy approaches
  • Changes in macroeconomics over time

Entry requirements

  • A minimum of 5 GCSEs at grade B (or grade 6 in English and Mathematics) is required to have a free choice of A‐ Level courses.   We would anticipate that you would achieve a minimum of GCSE grade 5 in English Language and Mathematics.
  • Students will be expected to achieve at least a grade B in the subjects they choose to take and this will be applied rigidly to Mathematics, Further Mathematics, the Sciences and Modern Foreign Languages.   

Assessment

Examining body: OCR.

AS Level Assessment

  • Microeconomics (01) 60 marks. 1 hour 30 minutes written paper (50% of total AS level)
  • Macroeconomics (02) 60 marks. 1 hour 30 minutes written paper (50% of total AS level)

Note – The examinations are now linear and the AS is a stand‐alone qualification.

A2 Level Assessment

  • Microeconomics (01) 80 marks. 2 hour written paper (33.33% of total A level)
  • Macroeconomics (02) 80 marks. 2 hour written paper (33.33% of total A level) Themes in economics (03)* 80 marks. 2 hour written paper (33.33% of total A level)

*Indicates synoptic assessment

Future opportunities

Economics is a suitable subject to complement science, social science and/or arts subjects. Languages and Economics provide an excellent base for those looking to work abroad. A wide variety of professional bodies in all sectors of employment will consider Economics an excellent preparation for their professional exams.

How to apply

If you want to apply for this course, you will need to contact Archbishop Tenison's CofE High School directly.

Last updated date: 27 October 2016
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