A Level Economics at Hasmonean High School
Much of the language of Economics is familiar to all of us. Economists discuss issues such as interest rates, inflation, unemployment, the exchange rate and international trade. During the course students will investigate issues including the current financial crisis and what impact the government’s actions could have on the wider economy. We also cover micro-economics looking at demand and supply, how markets work and why they might fail.
At AS Level (Year 12) students study two units of work: Unit one: Markets and market failure; the economic problem; allocation of resources; government intervention in the market.
Unit two: The National Economy; How the macro-economy works; economic growth; unemployment; inflation; development; and macro-economic policy.
Unit three: Business Economics and the distribution of income; firms; competitive markets; concentrated markets; the labour market; government interventions in the market.
Unit four: The national and international economy: Macroeconomic indicators; managing the national economy and the international economy in an increasingly globalised economy.
Grade A in Maths and English. We strongly recommend that at least one of these other A Levels are studied if choosing Economics: English, History, Geography, Mathematics or Statistics.
Each unit in AS is examined over 90 minutes. There are multiple choice and data response for module 1 and essays and data response questions in module 2.
Assessment at A2 is 2 hours per unit; with both exams having data response questions - module 3 also has multilple choice and module 4 has essays.
How to apply
If you want to apply for this course, you will need to contact Hasmonean High School directly.