Economics A Level at Coombe Boys' School
Economics is different from any of the subjects you have studied before. It is a fascinating social science concerned with people and resources. At the heart of Economics is the problem of scarcity: the world has finite resources (e.g. raw materials, people able to work, money to spend, etc.) but society as a whole has infinite wants (i.e. we’d all like more goods and services).
If resources are finite and human wants infinite, this means people cannot have everything they want and so ways have to be figured out to tackle this problem. An economist would say that to fully understand this problem and how to try to resolve it, one needs to study the production, distribution and consumption of goods and services – key activities that are collectively referred to as the “economy”. Students are taught established theories which help explain economic behaviour.
The theories are applied to a wide range of case studies so that students can better understand the changes and developments in the world around them. You might be surprised by the range of issues that economists study. Here are some examples: Why does water (an essential item) cost less than diamonds (a luxury item)? Why do Governments have to provide essential services (e.g. health care)? Why did the entire international economy nearly collapse in 2007?
Students need a ‘B’ grade in Maths and at least a ‘C’ grade in English at GCSE level, or equivalent grades from another exam accreditation system.
AS and A2 level students will be assessed through external, written examinations.
At AS level, students will cover Theme 1: Introduction to Markets and Market Failure and Theme 2: The UK Economy - Performance and Policies. At the end of Y12, students will sit Paper 1, assessing Theme 1 and Paper 2, assessing Theme 2. Each assessment will contribute equally to the overall AS grade and will consist of multiple-choice and short-answer questions, data response and extended open-response questions.
At A2 level, in addition to the first two themes, students will cover Theme 3: Business Behaviour and the Labour Market and Theme 4: The National and Global Economy. At this level, students will be encouraged to develop their critical thinking skills and apply a wide range of economic contexts while interpreting and using complex information.
For A2 level qualification, students will have to sit Paper 1, which will include questions drawn from Theme 1 and Theme 3; Paper 2, which will include questions drawn from Theme 2 and Theme 4; and Paper 3, a synoptic examination paper which will cover all themes. Paper 3 will have data response and extended open-response questions.
Economics is a popular A Level and useful for taking a very wide range of university degree courses, including Economics, Finance, Econometrics, Accounting, Politics, and many combined courses such as Economics with Philosophy, Economics and Law, Environmental Studies and Economics, Economics and Social Sciences.
How to apply
If you want to apply for this course, you will need to contact Coombe Boys' School directly.