Economics AS/A Level at Hartlepool Sixth Form College
Economics is the study of how to manage scarce resources and the choices faced by individuals,örmsand governments. Students will explore a variety of markets and economies from around the world and look at how intervention in these markets and economies can raise standards of living. The A Level in Economics encourages student t to‘think a economists’and develop a range of analytical, questioning and reasoning skills. Students will develop a strong grounding in both microeconomics and macroeconomics,drawing onl ocal,national and global contexts.
Students will learn to explain, analyse and evaluate the strengths and weaknesses of the market economy and the role of the government within a market economy, and be able to criticise economic models of enquiry, recognising the limitation s of economic models.
In the first year of the course you will study two modules:
F581 Markets in Action
This module looks at the reasons for individuals, organisations and society having to make choices. You will also look at how competitive markets work and why some markets fail and why the Government may intervene.
F582 The National and International Economy
You will learn about aggregated supply and demand and how they interact with each other. You will also learn about the Government economic policy objectives and indicators of national economic performance – and will be able to explain the budget to friends and family by the end of this module!
In the second year of the course you will build upon the understanding that you have gained from the first year and complete the following two modules:
F583 Economics of Work and Leisure
This unit will allow you to understand the nature of work and leisure and trends in employment and earnings. You will learn about market structures and competitive behaviour in leisure markets. You will also learn how labour supply and demand will impact on wage determination and what the Government’s role is when market failure occurs
F585 The Global Economy
You will analyse global macroeconomic performance. You will also learn about trade and global integration alongside identifying development and sustainability opportunities for economies. The final aspect will be to look at the globalisation of economics.
5 A – C’s including Maths and English. You will also need to have a desire to watch the news and take an interest in what is going on in both the UK economy and globally.
The qualification is assesed by three exams that are sat at the end of the two year course. Each exam lasts two hours and there will be a combination of short answer, multiple choice and extended response questions.
Students have been successful in progressing to a range of universities from Warwick, Durham, Newcastle and Northumbria to De Montfort to study Economics, Economics and Finance, Mathematics with Economics and other Business Degrees.
An Economics A level provides a good grounding for employment in a wide variety of careers within the finance sector such as accountancy and investment banking.Similarly it is a well received subject for careers in business in areas such as marketing and manufacturing.
How to apply
If you want to apply for this course, you will need to contact Hartlepool Sixth Form College directly.