Economics A Level at Gordon's School
The course is examined at the end of Year 12 when students will achieve the Year 1 AS qualification. Students continuing to Year 2, will take the full A Level. The AS Level grade will not contribute to the A Level grade but can be used for UCAS and apprenticeship applications.
Theme 1: Introduction to markets and market failure
This theme focuses on microeconomic concepts. Students will develop an understanding of: The nature of economics, how markets work, market failure and 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
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, the labour market and 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 and the role of the state in the macro economy
The minimum academic requirements to join the Sixth Form are:
1. A minimum of three GCSE grades A* to C plus at least a grade 4 in GCSE English Language and Mathematics.
2. The grade criteria for individual subjects as outlined on the last page in this booklet.
Following the publication of GCSE results in August 2017 students may appeal to governors in the event of academic
requirements not being met.
Exam Papers Y12
Paper 1: Introduction to markets and market behaviour
Paper 1 will assess microeconomics and questions will be drawn from Theme 1
Paper 2: The UK economy – performance and policies
Paper 2 will assess macroeconomics and questions will be drawn from Theme 2
Exam Papers Y13
Paper 1: Markets and business behaviour
Paper 1 will assess microeconomics and questions will be drawn from Themes 1 and 3
Paper 2: The national and global economy
Paper 2 will assess macroeconomics and questions will be drawn from Themes 2 and 4
Paper 3: Microeconomics and macroeconomics
Paper 3 will assess content across all four themes. Students are required to apply their knowledge and understanding, make connections and transfer higher order skills from across all four themes
How to apply
If you want to apply for this course, you will need to contact Gordon's School directly.