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Economics A Level at Queens Park Community School

Course description

Economics A level covers the following themes:
Theme 1:
Introduction to markets and market failure, microeconomic concepts.
 
Nature of economics
How markets work
Market failure
Government intervention
 
Theme 2:
The UK Economy — performance and policies, macroeconomic concepts.
 
Measures of economic performance
Aggregate demand and aggregate supply
National income and economic growth
Macroeconomic objectives and policy
 
Students will take the AS qualification at the end of year 12.
 
Theme 3: Business behaviour and the labour market.
This theme focuses on the microeconomic concepts introduced in theme 1 and focuses on business economics:
 
Business growth and business objectives
Revenues, costs and profits
Market structures
Labour market
Government intervention
 
Theme 4:
A global perspective.
This theme focuses on the macroeconomic concepts introduced in theme 2 and
applies these concepts in a global context.
International economics
Poverty and inequality
Emerging and developing economies
The financial sector
The role of the state in the macro economy
 

Entry requirements

You will need Mathematics GCSE at grade 6 and English at grade 5. You must be interested in current affairs, willing to read extensively and undertake independent research. Successful students are those that regularly watch the news and are able to apply much of the theory they have been taught. Being confident with mathematical calculations and the ability to develop written responses are key attributes that wil
l help secure a good grade in Economics.

Assessment

Paper 1 will assess microeconomics and questions will be drawn from themes 1 and 3 (worth 35% of total qualification).
Paper 2 will assess macroeconomics and questions will be drawn from themes 2 and 4 (worth 35% of total qualification). Paper 4 will assess content on all four themes (worth 30% of total qualification).

The assessment of quantitative skills in Economics will include at least GCSE mathematical skills as a minimum of 15% of the overall AS and 20% of the overall A level marks.

Future opportunities

A Level Economics is an appropriate foundation for higher education in Economics and many other subjects. It is a subject that is highly respected by all the main universities due to its emphasis on analysis and evaluation skills and application to the real world. It is also an appropriate entry qualification for a wide range of business and professional service careers. Most major companies in the world have economists working for them as the skills learned on this course are much in demand in business.
The government offers many jobs for economists, many of them involving travel around the world.

How to apply

If you want to apply for this course, you will need to contact Queens Park Community School directly.

Last updated date: 16 April 2018
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