Economics A Level at The Billericay School
The course allows you to investigate how markets work and why sometimes they fail. You will examine how the economy is managed, looking at the key measures of economic performance and the main objectives and instruments of government policy.
You will examine how the pricing and nature of competition between firms is affected by the number and size of market participants. Finally, you will consider how the UK performs within the context of the world economy.
First year unit 1: Operation of markets and market failure
An introduction to the nature of economics, which examines the reasons why individuals, organisations and societies have to make choices. It looks at competitive markets and how they work, market failure and the ways in which governments may intervene in markets, in order to correct failure.
First year unit 2: The national economy in a global context
Introduces the key measures of economic performance and the main objectives and
instruments of economic policy. You will be able to use a basic aggregate demand/aggregate supply model to understand why demand and/or supply side policies may be seen as appropriate ways of managing an economy; predict the possible impact of such policies and recognise the assumptions involved.
Second year unit 3:
Economic principles and issues
This unit builds upon units 1 and 2 and assesses students’ understanding synoptically.
GCSE Grade 5 in English or English literature and maths or one of these and a B grade in another relevant subject (business studies, history, geography or a science.)
This course is one of the new Linear A levels. All examinations will take place at the end
of the course. The AS qualification is completely separate.
Economics gives access to a wide range of possible career and higher education opportunities. You could start a career in business/banking armed with an excellent knowledge of how businesses operate.
How to apply
If you want to apply for this course, you will need to contact The Billericay School directly.