Economics A Level at Darrick Wood School
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.
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)
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
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.