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AS Level: Economics at Ashby School

Course description

Students do not need prior knowledge of the subject or to have studied 
GCSE Economics. Any student from a good GCSE background is usually 
accepted. The right attitude to the subject is vital, along with an interest in 
current affairs, politics, industry and an enthusiasm to know more. During 
the course, students will be expected to apply economic theory to the ‘real 
world’. Current issues studied include how firms compete with rivals in the 
market, e.g. supermarket price wars; arguments for and against being in 
Europe; the advantages and disadvantages of the privatisation of the Post 
Office; whether the Chancellor should cut taxes or spend more on 
Education, should we have a minimum price for alcohol. Students are not 
expected to know about these events, but should be willing to find out. The 
new Edexcel syllabus covers 4 themes which are assessed in 3 external 
exams at the end of the two-year course. 
 
Themes 
1) Introduction to markets and market failure 
2) The UK economy – performance and policies 
3) Business behaviour and the labour market 
4) A global perspective 
 
Examinations - There are three external exams assessed at the end of Year 
13: 
 
Paper 1: Markets and business behaviour 35% of the qualification 
Paper 2: The national and global economy 35% of the qualification 
Paper 3: Microeconomics and macroeconomics 30% of the qualification 

Entry requirements

For all Sixth Form courses, students must have five GCSE (or equivalent) 
passes at Grades A* - C, including Mathematics and English Language. 
Students who have taken Economics or Business Studies at GCSE are 
expected to have achieved a Grade C or above. 
 

Future opportunities

Students can take this course to complement other advanced level courses. 
This could lead to higher education in areas of Economics, Business 
Studies, Accounting, Marketing or more general higher education courses. 
 
 
Students can go to degree courses with either BA or BSC qualifications. 
This course prepares students for careers in a wide range of professions, 
such as law, finance, the Stock Market, insurance or management. 
 

How to apply

If you want to apply for this course, you will need to contact Ashby School directly.

Last updated date: 27 November 2015
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Key information

  • Start date: Next September
  • Duration: 1 year

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