Economics AS Level at Wheatley Park School
Economics is about what makes the world work. It is the study of how society addresses the fundamental question of:
- What things do we make?
- How do we make things?
- Who should we make things for?
In other words, how do we satisfy everyone in a world of scarce and diminishing resources? The course involves investigation into the major economic issues of the day. It will enable students to gain a much broader understanding of the world in which they live, and of how society functions. Students of economics develop extremely good analytical and evaluative skills, both of which are considered highly desirable in further education and in the workplace.
Economics is taught with a focus on real life issues and events. The examinations are all based on recent real life economic events and students investigate current economic issues. You will be encouraged to keep up to date with current affairs and to read independently. The ability to think and to argue is essential and you will be encouraged to develop your own opinions.
In Economics we will investigate current issues such as the economic recovery, the plan set out by each political party ahead of the recent election, the UK’s place in the EU, the development of HS2 and whether there should be a minimum price for alcohol. Teaching time is set aside for discussion of topical economic issues which help students to apply economic concepts to the real world.
Economics is for any student who: wants to obtain an understanding of how real world decisions and policies are made, is interested in current affairs and wants a highly-respected, non-vocational A Level.
The basic entry requirement for Level 3 courses in Wheatley Park Sixth Form is to complete 8 GCSEs or equivalent, including a minimum of grade 4 in five subjects which must include English and Mathematics.
Paper 1 - The operation of markets and market failure—50%
Paper 2 - The national economy in a global context—50%
20 multiple choice questions and one data response question chosen from two.
How to apply
If you want to apply for this course, you will need to contact Wheatley Park School directly.