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Economics A Level at Kemnal Technology College

Course description

The study of microeconomics (individual markets) helps us understand why consumers choose to buy a product or to seek an alternative. The study of macroeconomics (a nation’s economy as a whole) deals with economic growth, the rate of inflation, unemployment and international trade.

Course content

Year 12

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

Assessment— Paper 1: Markets and business behaviour. Each question is set in a context, drawing on topics from across Themes 1 & 3. Paper 2: The national and global economy. Each question is set in a context, drawing on topics from across Themes 2 & 4.

Year 13

Theme 3 – Business behaviour and the labour market. This theme develops the microeconomic concepts introduced in Theme 1 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 of:

  • international economics
  • poverty and inequality
  • emerging and developing economies
  • the financial sector
  • role of the state in the macroeconomy

Assessment— Paper 3: Microeconomics and Macroeconomics. Each question is set in a context, drawing on topics from across Themes 1, 2, 3 & 4.

Entry requirements

GCSE APS of 46 or above 5A*- C including English Language and Maths.

Future opportunities

Economics A Level opens up a wide range of potential careers. These include politics, law, financial services, the Civil Service and local government. Economics A Level is a qualification which is well-regarded by the best universities. It can lead to degree courses in Social Sciences, Humanities and more specialist fields such as Accountancy.

How to apply

If you want to apply for this course, you will need to contact Kemnal Technology College directly.

Last updated date: 25 October 2016
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Key information

  • Start date: Next September
  • Duration: 2 Years

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