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A Level Economics at The King's Academy

Course description

Economics involves the study of economic theories and concepts through consideration of current economic issues, problems and institutions that affect everyday life. The subject aims to critically evaluate the strengths and weaknesses of the market economy, and to analyse the role of government within it.

Content of course

AS Level

Unit 1 Markets and Market Failure and Unit 2 The National Economy

  • The economic problem and the allocation of resources in competitive markets
  • Production and efficiency
  • Market failure and government intervention in the market
  • The measurement of macroeconomic performance
  • How the macroeconomy works
  • Macroeconomic policy


    Unit 3 Business Economics and the Distribution of Income and Unit 4 The National and International Economy

  • The firm: objectives, costs and revenues
  • Competitive and concentrated markets
  • The labour market
  • Government intervention in the market.
  • Macroeconomic indicators
  • Managing the national economy
  • The international economy
  • Entry requirements

    At least a grade B in GCSE Maths.

    How to apply

    If you want to apply for this course, you will need to contact The King's Academy directly.

    Last updated date: 06 August 2014

    Key information

    • Start date: Next September
    • Duration: 2 years