Economics AS & A Level at Archbishop Tenison's School
Economics is at the heart of what drives many decisions in our modern world. If you want to learn about the functioning of the UK economy and the global economic system, you will enjoy this subject. It answers many of the important questions we hear on a daily basis Why are energy prices so high? Why do some governments provide free health care? What does a recession mean and we should we be concerned?
The AS and A Level courses cover: The development of an interest in the study of economics. An appreciation of economics in the wider economic and social environment. An understanding of economic concepts and their practical application.
- Unit 1: Competitive markets – how they work and why they fail. You will learn about the nature of economics, how markets operate and allocate scarce resources, and the causes and possible solutions to market failure.
- Unit 2: Managing the economy. In this unit you will be introduced to key macroeconomic performance indicators and the various economic policies used to achieve government objectives.
- Unit 3: Business economics and economic efficiency. Students examine market structures and analyse the characteristics of pricing, output and the levels of competition within an industry.
- Unit 4: The Global Economy. This unit draws on the knowledge and skills acquired in the other three units and requires students to apply knowledge and skills acquired in Unit 2 to the global context. Students are required to be aware of global trends and development over the last 10 years distinguishing clearly between issues that affect both developed and developing countries.
In addition to the Minimum Entry Requirements you will need a grade B in GCSE Maths.
Assessment both on the AS-level and A-level is 100% examination.
Economics can be studied at university either as a single subject degree or combined with subjects like business, politics or history. Degree Level economics requires a good standard of maths.
Economics graduates can be found in a whole range of careers such as the law, the Civil Service, accountancy, financial services, banking and business management.
How to apply
If you want to apply for this course, you will need to contact Archbishop Tenison's School directly.