Economics AS A2 at Wrenn Academy
Economics is an important subject concerned with understanding how people make choices in a world where resources are scarce. From this, Economics can also be considered as the ‘science’ of studying business and money.The chief benefits to be gained from studying Economics include a detailed understanding of how the economy works and seeing what role the Government plays in managing the level of economic activity. This is an ideal background for someone intending to specialise in business or finance. Economics is also highly useful for understanding how and why political decisions are made. To this extent, Economics complements many other social sciences including Politics, Sociology, History and Geography.Economics can be studied successfully without any prior knowledge of business. You will be introduced to all the concepts needed to score highly in the final examination. That said, mathematical competence, particularly understanding graphs, will be very useful.
ASSESSMENTAS Candidates take units 1, 2 and 3A2 Candidates take units 4, 5 and 6There is no element of courseworkUnitLevelUnit TitleExamASweightingA Levelweighting1 ASMarkets and Market Failure1 hr35%17.5%2 ASThe National Economy1 hr35%17.5%3 ASMarkets at Work1 hr30%15%4A2Working as an Economist – A Case Study on the European Union1 hr 40 mins 20%5 A2Business Economics and the Distribution of Income1 hr 30 mins 15%6 A2Government Policy, the National and International Economy1 hr 30 mins 15%
How to apply
If you want to apply for this course, you will need to contact Wrenn Academy directly.