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A Level : Economics at Melton Vale Sixth Form College

Course description

A level Economics is aimed at students who wish to gain an insight into the current economic environment through the study of an academic subject. You will study both microeconomic and macroeconomic theories, relating to the performance of both the UK and international economy. The economy is a hot topic at present and the considerable coverage in the media will play an important role in lessons to widen and support subject understanding. 

You will learn how to develop a critical approach to economic models and methods of enquiry. There is a significant amount of number work within all topic areas and you will regularly use statistical data which is commonly used by economists. You will develop skills to analyse and evaluate models in written, numerical and graphical form.

It is vital to keep up to date with current economic developments.  Students are encouraged to regularly read a broadsheet newspaper and follow the economic news online.  A genuine interest in the real world of economic news will enhance learning.

The A Level is linear, with no assessment until the end of the 2 year course.  

 

Course content

You will study the following topics:

  • Economic methodology and the economic problem
  • Price determination
  • Production, costs and revenue
  • Types of competitive markets
  • The labour market
  • Income and wealth distribution
  • Market mechanism, market failure and government intervention
  • Macroeconomic performance
  • How the macroeconomy works
  • Financial markets and monetary policy
  • Fiscal policy and supply-side policy
  • The international economy  

You will learn how to develop a critical approach to economic models and methods of enquiry. There is a significant amount of number work within all topic areas and you will regularly use statistical data which is commonly used by economists. You will develop skills to analyse and evaluate economic models in written, numerical and graphical form.

It is vital to keep up to date with current economic developments. Students are encouraged to regularly read a broadsheet newspaper and follow the economic news online. A genuine interest in the real world economic news will enhance learning.

Entry requirements

MV16 Minimum Requirements:
To study A-Levels at MV16 you must have achieved a minimum of grade 4+ in GCSE English and Maths, plus 3 grade 6's or B's in other subject areas including any subject-specific entry requirements where stated on the individual subject pages.

Economics - Subject-specific requirements:
In addition to the MV16 minimum requirements, to study Economics you will need a minimum grade 6+ in GCSE Mathematics.

Assessment

There are three 2hr exams at the end of the course. One Micro-economy paper, one Macro-economy paper and one on wider economic principles and issues. All papers include data response questions and extended writing, with paper 3 also containing multiple choice questions.

The A-level will assess students’ quantitative skills applied in an economic context, forming 20% of the A-level course.

Future opportunities

Economics will complement a range of A-level subjects to enhance UCAS applications. It is also good preparation for a range of Business and Finance related degrees. Students will be expected to have studied A-level Maths if they wish to study Economics at degree level.

Further information

To find out more about this qualification, contact Ms G Sullivan on 01664 504750 or email contactus@mv16.org.uk or visit our website www.mv16.org.uk.

How to apply

If you want to apply for this course, you will need to contact Melton Vale Sixth Form College directly.

Last updated date: 10 October 2017
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Key information

  • Start date: Next September
  • Duration: 2 years
  • Course code: Ec
  • Web url: www.mv16.org.uk

Contact details

    • Contact name:
    • Mrs G Sullivan
    • Contact telephone number:
    • 01664 504750
    • Email address:
    • contactus@mv16.org.uk

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