Economics A Level (OCR) at Priesthorpe School
In Year 1, students study the following topics; microeconomics, including scarcity and choice, how competitive markets work (supply and demand) and market failure and government intervention; and macroeconomics, including economic policy objectives and indicators of macroeconomic performance, aggregate demand and aggregate supply, the application of policy instruments and economics in a global context.
In Year 2, students build on the topics studied in Year 1, including; microeconomics, focusing on competition and power in markets, and the labour market; macroeconomics, focusing on economic development, income distribution and welfare, and globalization; themes in economics, focusing on putting theroy into practice.
First year :
· Microeconomics – scarcity and choice, how competitive markets work (supply and demand) and market failure and government intervention
· Macroeconomics – economic policy objectives and indicators of macroeconomic performance, aggregate demand and aggregate supply, the application of policy instruments and economics in a global context.
Second year :
· Microeconomics – competition and power in markets and the labour market
· Macroeconomics – economic development, income distribution and welfare and globalisation
· Themes in economics – putting theory into practice.
Entry Requirements: Entrants to the course must have achieved at least 5 x 9-4 at GCSE subjects, including grade 5 in Maths.
· All components are assessed entirely through written examinations that are externally marked
· All components are mandatory and examinations take place at the end of the course, available every June.
Economics opens doors to a large number of possible careers. It is viewed as an excellent grounding at either ‘A’ level or graduate level for jobs in Marketing, Management, Accounting and Finance or indeed any business-related career. Economics is highly-regarded by both employers and universities, and is a well-respected base for almost any profession.
For further information on this course, speak with a member of the Business Department at school, or check the A Level specification on the OCR website:
How to apply
You can apply for this course through UCAS Progress. Add this course to your favourites so you can start making an application.