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Economics (A level linear –No AS examinations) at Gumley House Convent School

Course description

 Economics is a traditional subject which is relevant to the world you live in and to your future. It is a fascinating subject because it includes the study of how people behave and interact with each other. The dynamic relationship between consumers, firms and government makes economics a vibrant subject. Economics can also lead to an exciting career and further study.

By studying Economics you will develop skills in research, analysis and evaluation, communication and working with others to solve problems using economic theory and models.

You will look at the fundamental forces which affect our lives, such as employment, prices, international trade and poverty. Economics is a lively and interesting subject which allows you the opportunity to make your own judgments and form your own opinions. 

You will be taught using a variety of methods including: discussion and debate, research, modelling of scenarios to explore current economic behavior, data response questions, case studies, group activities and visits to and by industry.

Six hours private study/homework per week is recommended (plus wider reading)

Economics is the study of how people deploy resources to meet human needs. You will enjoy this course if you are interested in incentives and prices, earnings and employment, investments and trade among many things. If you are interested in why some countries are richer than others, whether being in the EU is a good or bad idea or how to tackle poverty.

Course content

Economics studies how people allocate scarce resources. The reason people have to make choices is scarcity; the fact that we don't have enough resources to satisfy all our wants. The course is divided into two parts:

 

Microeconomics studies the behavior of individual people and individual firms.

Macroeconomics studies national economies, concentrating on economic growth and how to prevent recessions and encourage economic growth.

 

Entry requirements

Mathematics at level 6 and English at level 5 and three different subjects at a minimum of grade C. 

Assessment

Paper 1: Markets & market failure

            External written examination - 33.3% of A level.

Paper 2 National & International economy

            External written paper- 33.3% of A level.

Paper 3: Economic principles and issues.

             External written examination - 33.3% of A level.

 

 

Financial information

Industry visits to support the curriculum. 

Future opportunities

If selected as a specialisation at university, economics can lead to careers in: share, finance or commodities markets; business; economic forecasting; banking; insurance; tourism; resource management; property development and management; government; environmental management; town planning; foreign affairs or economic policy development. Students will benefit from the study of economics if they engage in further studies that include business, accounting and finance, media, law, marketing, employment relations, tourism, history, geography or environmental studies.

Further information

To find out more about this qualification, contact us or ask  your school/college careers staff.

How to apply

If you want to apply for this course, you will need to contact Gumley House Convent School directly.

Last updated date: 11 May 2017
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    • The main entrance to the School is via Gumley Gardens off  St John's Road.

      The School is close to a number of bus routes- 267, 237, 235,117 and H37.

      There is limited parking in the school during school hours. There is metered street parking in South Street (off Twickenham Road).