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Economics A Level at Darrick Wood School

Course description

This course focuses on the ever-changing world around us, exploring ideas from how items are priced to what has an impact on the exchange rate. Economics is a theoretical examination of topical issues, and students will be given the tools to analyse real-world problems, such as the causes of the ‘Credit-crunch’, as well as evaluating decision-making strategies for rival businesses through the application of game theory.

Course content

Year 12 Units
The Operation of Markets and Market Failure
The National Economy in a Global Context
Year 13 Units
Individuals, Firms, Markets and Market Failure (includes work on the operation of markets and market failure)
The National and International Economy (includes work on The National Economy in a Global Context)

Entry requirements

Students currently studying GCSE Business Studies or GCSE Business and Communications need to achieve a grade B
Grade 5 in GCSE English Language and GCSE Mathematics


Paper 1 – Markets and Market Failure - 2 hour written examination, 80 marks, testing ‘Individuals, Firms, Markets and Market Failure’
Paper 2 – National and International Economy - 2 hour written examination, 80 marks, testing ‘The National and International Economy’
Paper 3 – Economic Principles and Issues – 2 hour written examination, 80 marks, testing the whole content of the specification.
Each Paper is worth 33.3% of the A level

Future opportunities

Economics is a very highly regarded A level by universities because of its academic rigour, and the development of skills involving the analysis and evaluation of current affairs. As a subject that lies in both the humanities and sciences, it is extremely flexible with its potential future applications. An Economics A level is very useful for careers in banking, finance, trading, government, and similar fields.

How to apply

If you want to apply for this course, you will need to contact Darrick Wood School directly.

Last updated date: 16 November 2017
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Key information

  • Start date: Next September


  • More information
    • By Road: From M25 Junction 4, take A21 towards Bromley. After approximately 4 miles turn right onto A232 Crofton Road . Continue for ½ mile and turn right into Mada Road. Turn right again at the end of the road and then immediately left.

      By Rail: Orpington Railway Station is approximately 7 minutes by taxi.

      Car Parking: Visitor car parking is available.