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Economics AS and A Level at York College

Course description

The course is split into two distinct areas:
 

Individuals, firms, markets and market failure

The economic problem and economic methodology
Individual economic decision making
Price determination in a competitive market
Production, costs and revenue
Perfect competition, imperfectly competitive markets and monopoly
The labour market
The distribution of income and wealth: poverty and inequality
The market mechanism, market failure and government intervention in markets

And

 

The national and international economy

The measurement of macroeconomic performance
How the macroeconomy works: the circular flow of income, AD/AS analysis, and related concepts
Economic performance
Financial markets and monetary policy
Fiscal policy and supply-side policies
The international economy

Entry requirements

A minimum of 2 grade Bs and 4 grade Cs at GCSE including GCSE English Language (grade 5). A grade B (grade 5) in Maths and a B in either English Language (grade 5), English Literature (grade 5), History or Religious Studies is required.

Assessment

Paper 1: Markets & Market Failure

2 hour exam, one data response question and one essay.
 

Paper 2: National & International Economy

2 hour exam, one data response question and one essay.
 

Paper 3: Economic Principles and Issues

2 hour exam, 30 multiple choice questions and one case study question.

Future opportunities

The course will prepare you for higher education economics courses or can form a component of a joint degree with a wide range of other subjects. Possible careers could include working in financial markets, business management and corporate law.

Further information

Economics combines well with Maths, Business Studies and the Social Sciences.

How to apply

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

Last updated date: 19 October 2016
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