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Edexcel A Level Economics at The Canterbury Academy

Course description

Economics is focused around the study of how humans, governments, businesses and other organisations make choices that affect the allocation of distribution of scare resources.

 

Economics is a challenging, technical and theoretical subject, and to be successful you will need to have a thorough grasp of the theory covered at A-Level. However, the more you can place economic theory in real world scenarios, the better you will be able to evaluate ideas and give yourself the chance of attaining top grades.

 

You will also personally get more out of the course if you have a good understanding of prevailing economic climate in the UK, across Europe and in a global context

Course content

A1 –

Theme 1- Introduction to markets and market failure- This theme focuses on microeconomic concepts. Students will develop an understanding of:

● Nature of economics

● How markets work

● Market failure

● Government intervention.

 

Theme 2- The UK economy performance and policies- This theme focuses on macroeconomic concepts. Students will develop an understanding of:

● Measures of economic performance

● Aggregate demand

● Aggregate supply

● National income

● Economic growth

● Macroeconomic objectives and policy.

 

A Level –

Theme 3- Business behavior and the labour market- This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics.

Students will develop an understanding of:

● Business growth

● Business objectives

● Revenues, costs and profits

● Market structures

● Labour market

● Government intervention.

 

Theme 4- A global perspective- This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context.

Students will develop an understanding of:

● International economics

● Poverty and inequality

● Emerging and developing economies

● The financial sector

● Role of the state in the macroeconomy.

Entry requirements

We would recommend a grade 6 at GCSE in mathematics and or a grade B in GCSE economics.

Future opportunities

Vocation

Students who study economics will be adequately equipped to be gainfully employed in a variety of corporations that operate with in the business and finance sector such as:

  • Economist ( business, finance, sport and pharmaceutical industries)
  • Financial risk analyst
  • Statistician (private and public sector)
  • Forensic accountant
  • Stockbroker

 

Academic

This course will enable you to study economics and business pathways at degree level.

How to apply

If you want to apply for this course, you will need to contact The Canterbury Academy directly.

Last updated date: 10 January 2018
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Key information

  • Start date: Next September
  • Duration: 2
  • Number of planned places: 20

Contact details

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