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Economics A Level at St Ignatius College

Course description

Year 12

Knowledge and understanding

Students will study

Theme 1 (Introduction to markets and market failure) which includes the nature of economics, how markets work, market failure and government intervention. They will also study

Theme 2 (The UK Economy – performance and policies) which includes measures of economic performance, aggregate demand and supply, national income, economic growth, macroeconomic objectives and policy.

Skills

Students are encouraged to use an enquiring, critical and thoughtful approach to the study of economics and to develop an ability to think as an economist. To develop their knowledge, skills and understanding in economics, students need to have acquired competence in quantitative skills that are relevant to and applied in the context of these themes.

Knowledge and understanding

Students will study:

Unit 3 (Business economics and economic efficiency) which examines how the pricing and nature of competition between firms is affected by the number and size of market participants. At the end of this unit, students should be able to analyse the pricing and output decisions of firms in different contexts. They should also be capable of making an appraisal of government intervention aimed at promoting competitive markets.

Unit 4 (The global economy) which deals with topics such as globalisation, trade, competitiveness, growth and development. Skills Students are encouraged to use an enquiring, critical and thoughtful approach to the study of economics and to develop an ability to think as an economist. To develop their knowledge, skills and understanding in economics, students need to have acquired competence in quantitative skills that are relevant to and applied in the context of this theme.

Assessment

Year 12 students may sit for the AS qualification at the end of the year. Those sitting the full A level will be assessed on all 4 themes at the end of their year 13. Current year 13 students will sit the A2 exam at the end of the year, made up of units 3 and 4, having already sat the AS units (1 and 2) before. All students will be assessed using a variety of methods in class and in homework, including self- and peer-assessment; formative assessment shows students how they can develop and improve so as to achieve or exceed their target grade. Past exam questions are used throughout the course as are supporting materials from the textbooks provided

How to apply

If you want to apply for this course, you will need to contact St Ignatius College directly.

Last updated date: 21 March 2017
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