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Economics AS/A Level at Stoke Newington School

Course description

Students will be required to acquire knowledge and understanding of a selection of micro economic models and to apply these to current problems and issues. Micro economic models such as demand and supply, perfect competition, monopoly, the operation of the price mechanism and the causes of market failure are central to this part of the specification. Students will need to demonstrate a realistic understanding of the decisions made by firms and how their behaviour can be affected by the structure and characteristics of the industry in which they operate. Other key models relate to the operation of labour markets, wage determination and causes of inequalities in the distribution of income and wealth.

Course content

 During their course of study, students will be provided with opportunities to use economic models to explore current economic behaviour. They should be able to apply their knowledge and skills to a wide variety of situations and to different markets and examples of market failure. They should appreciate and be able to assess the impact that developments in the European Union and in the global economy have upon micro economic behaviour and performance. They should be prepared to propose, analyse and evaluate possible solutions to macroeconomic problems. They will be required to assess the impact and effectiveness of current government policies to deal with these problems, as well as considering alternative policies and approaches.

Entry requirements

5 grade in maths and 4.5 English.

Assessment

Paper 1:

Markets and market failure

• two hour written exam

• 80 marks

• 33.3% of A-level

Paper 2:

The national and international economy

• 2 hour written exam

• 80 marks

• 33.3% of A-level

 Paper 3:

Economic principles and issues

• 2 hour written exam

• 80 marks

• 33.3% of A-level

How to apply

If you want to apply for this course, you will need to contact Stoke Newington School directly.

Last updated date: 18 November 2016
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