Economics at Yavneh College
Exam Body: Edexcel
Economics A Level will appeal to students who are interested in a subject that allows them to select, interpret and evaluate different types of data from multiple sources. Students will develop an understanding of the wider economic and social environment and will develop the ability to adopt an enquiring, critical and thoughtful approach to their studies. Many of the skills, qualities and attitudes which are developed by studying economics will equip them for the challenges, opportunities and responsibilities of adult and working life.
The full A Level course is divided into four units. Units 1 and 2 are studied at AS level and Units 3 and 4 at A2 level.
Unit 1: Competitive Markets — How They Work and Why They Fail
This unit provides an introduction to the nature of economics and examines how the price mechanism allocates resources in markets. It analyses the nature of market failure, its causes and possible policy remedies.
Unit 2: Managing the Economy
This unit introduces the key measures of economic performance and the main objective and instruments of economic policy.
Unit 3: Business Economics and Economic Efficiency
This unit examines how the pricing and nature of competition between firms is affected by the number and size of market participants.
Unit 4: The Global Economy
This unit gives students an awareness of trends and developments in the global economy over the last ten years. Students explore other countries to gain a better understanding of key issues, especially those affecting developing countries.
Students must have achieved at least Grade A in GCSE Mathematics and Grade B in GCSE English Language or GCSE English Literature.
All units are assessed through written examinations, which are made up of a mixture of data response questions, essay writing and multiple choice questions.
Students can go onto study an economics degree with a focus on theory or a degree in applied economics such as environmental economics, labour economics, public sector economics or monetary economics. Alternatively, students may choose to study a business economics or mathematical economics degree. Post-university employment rates for economists are among the highest for graduates. Economics students are likely to find employment in finance, banking, insurance, accountancy, management and consultancy. Some may become professional economists.
How to apply
If you want to apply for this course, you will need to contact Yavneh College directly.