Economics at Charnwood College
Why should you consider taking this course?
There are several definitions of economics but most textbooks seem to agree that economics concerns the allocation of society’s scarce resources amongst the many alternative uses to which they could be put. In Economics you’ll look at the fundamental forces which affect our lives, such as employment, prices, international trade and poverty. Economists are often in healthy debate with each other over these issues. It is this controversy which makes Economics lively and interesting and which allows you the opportunity to make your own judgement and form your own opinions.
What is covered at AS?
In year one you’ll focus on both Microeconomics and Macroeconomics. Microeconomics addresses issues such as “why are house prices so high?”, “Can pollution effectively be controlled?” and “Should governments interfere with markets?” The macroeconomic issues covered include: “why does the Government have an inflation rate target and how does it affect us?, “What happens to the economy if people decide to spend more?” and “How are we affected by the Chinese and Indian economies?
What is covered at A2?
In year two you’ll build on your micro and macro knowledge. Business Economics and the Distribution of Income considers why companies behave as they do, looks at different types of market such as monopolies and the labour market. We consider in depth the fairness of distribution of wealth and income, and how governments become involved. The National and International Economy considers two main areas. First, the ‘Global Context’ includes the impact of globalisation on UK economic performance. Second, ‘The European Union Context’ includes the effects of EU membership and economic policies on the UK economy.
A minimum grade C in Maths and English Language.
How will you be assessed?
AS: Two 1 hour 15 minute exams comprising 20 multiple choice questions and one data response question from a choice of two. Each exam has equal weighting towards the AS qualification
How will you be assessed?
A2: Two 2 hour exams. Each exam has two sections. The first is a compulsory data response question. The second section requires you to answer one question from a choice of three. Each exam has an equal weighting.
Economics is a versatile subject that can help you in a number of careers. Not only could you find yourself working for big corporations, banks, or the government but your qualification in Economics could also be valuable in support in a career like marketing, law, journalism or teaching.
For further information contact: Mr W Ahmad
How to apply
If you want to apply for this course, you will need to contact Charnwood College directly.