Economics A Level at Queen Katharine Academy
Economics is offered at post 16. This is 100% exams and involves looking at different markets and economies looking at how they work and why they fail. We look at some of the problems economies face such as unemployment, recessions and look at possible solutions to them.
If you are interested in business, politics or simply how the world ticks Economics is the subject for you. In Economics we look at the issues and problems in the economy, such as rising unemployment, pollution, inflation, oil price changes, the credit crunch, housing market collapses and stock market falls. Economists then look at developing solutions to these problems and how these could improve people’s lives. One such solution could be reducing taxation and you would look at how this could benefit or cost people and the economy.
Mr Taylor is a Chief Examiner on the International A Level so writes and evaluates question papers similar to those that you will sit. He also leads teams of examiners training them on how to mark and decides grade boundaries. This expertise on examination questions should help you in knowing how to answer questions. Mr Taylor was one of three senior examiners who wrote the new A level writing themes 1 and 3. He also wrote the sample assessment material for two of the units and is writing some additional materials currently. Economics has consistently added value with students achieving above their target grades,
The AS develops knowledge and understanding of: • What economics is • Supply, demand and prices • Why governments provide goods and services • What happens when governments get it wrong • Measures of economic performance- economic growth, inflation, unemployment and balance of payments • Aggregate supply and demand • What governments target.
The second year will see you study - Theme 3 Business behaviour and the labour market, Business growth and objectives, Revenue, costs and profits, Market structures, The labour market, Government intervention, Theme 4 A global perspective o International economics, Poverty and equality, Emerging and developing economies, The financial sector, The role of the state
To start A level Economics you need to have achieved A*-C grades at GCSE, with some of them at B grade or higher. If you are studying GCSE Business Studies a grade A* - B would be preferable. Students studying the BTEC Business would be expected to achieve a Distinction. Economics is offered to all students and you do not have to have studied Economics or Business previously. You will need to have achieved a grade C minimum in GCSE Maths. You should also have an interest in exploring the world of business and the economy in a highly practical way.
At the end of the AS unit you will sit two exam papers: • Theme 1 paper • Theme 2 paper Each paper is 1 hours 30 minutes and is worth 50% of the AS. Multiple choice, short answer, data response and extended answer At the end of the A Level unit you will sit three 2 hour exam papers.
Paper 1 for Theme 1 and Theme 3 35% of A Level- Multiple choice, short answer, data response and extended answer.
Paper 2 for Theme 2 and Theme 4 35% of A Level- Multiple choice, short answer, data response and extended answer.
Paper 3 all 4 Themes 30% of A Level- 2 data response questions with extended answer question.
Successful completion of the units will earn an AS level qualification in Economics. Students can then move to sit three exams in the second year to achieve the full A level. The A Level Economics qualifies for UCAS points so if you complete it successfully you could move on to study for a degree in subjects like Economics, Business, Management Studies and Accountancy. People with an Economics background often go on to employment in Journalism, Banking, Accountancy, Business, Management, Politics and the Civil Service.
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.