Economics A-Level at Oakgrove School
This is an A-Level course in Economics B, consisting of 4 units.
Theme 1: Markets, Consumers and Firms
- In this unit students develop an understanding of how markets works, the role of the Government in the economy, business cost and profits and the role of banks in providing credit.
Unit 2: Wider Economic Environment
- This unit covers the concepts of elasticity of demand, the growth of firms and economies of scale, global markets and macro economic policies
Unit 3: Competing in the Global Economy
- This unit builds upon unit 2 and further explores internal trade and the issues which a company trading internationally would have to face. It covers topics such as the extension of the product life cycle, stakeholders, globalisation, etc.
Unit 4: Making market work
- This builds upon the work completed in unit 1. It considers the type of market structure that firms operate in and how governments can intervene to improve the working of markets and the economy.
Paper 1: This is assessed through a written examination. The exam is 1 hour 30 mins and is composed of 3 data response questions.
Paper 2: This is assessed through a written examination. The exam is 1 hour 30 mins and is composed of 3 data response questions.
Paper 1: This assesses unit 1 and 4. The exam is 2 hours long and is composed and data response and one essay type question. It is worth 35% of the total A level marks.
Paper 2: This assesses unit 2 and 3. The exam is 2 hours long and is composed and data response and one essay type question. It is worth 35% of the total A level marks.
Paper 3: This exam is based upon a pre released case study. The exam is the synoptic unit and assesses students knowledge of units 1, 2, 3 and 4. It is work 30% of the total marks for A level and is 2 hors long.
How to apply
If you want to apply for this course, you will need to contact Oakgrove School directly.