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Economics AS at St Peter's School, Huntingdon

Course description

You will develop an appreciation of the concepts, ideas and theories that economists use to help understand how the economy operates. You will use economic theory to analyse relevant and topical issues such as why we have a recession and why is inflation low but unemployment high, as well as looking at how particular markets work, such as what determines pay of different workers, why oil prices fluctuate and what impact this has.

Course content

Economics is about how, as individuals and groups, we get the things we want to buy and the services we need and want. But economics isn’t just about money and it isn’t just about the decisions made by governments or big business. It’s about making choices – choices between different uses of limited resources – and most of the resources we need to use in our lives are limited in some way or another.

• Does the crisis in the Eurozone matter?

• Should we pay to use a motorway?

• Why is government cutting public expenditure?

• Why do interest rates matter?

• Should government bail out banks such as Northern Rock?

• Why did the UK Economy go into recession?

• What impact has immigration had on the UK in recent years?

• Should you pay for hospital treatment?

Entry requirements

It is not necessary to have studied Economics before. Grade Cs in GCSE Mathematics and English Language are normally required (but a B in Maths is preferable for the analytical skills required).

 

Assessment

The AS-level consists of two modules taken in the first year. One module covers Markets and Market Failure, the second module focuses on the National Economy. In the second (A2) year a further two modules are taken in Business Economics and the Distribution of Income and the National and International Economy. The AS and A2 years each contribute 50% to the final A-level grade. Examinations take place in June each year. AS modules are examined using data-response and multiple-choice questions. A2 modules are examined using data-response and essay questions.

Future opportunities

The course provides an excellent basis for further study and employment in the fields of Economics, Business Studies and Accounting. Many students take degree courses in Economics.

Graduate Economists are in high demand for their analytical skills and are well prepared for careers in the public and private sectors in the UK and abroad. Careers include working in the civil service, local government, banking, accountancy, finance and management. Economics will help you get a better understanding of the world around you.

How to apply

If you want to apply for this course, you will need to contact St Peter's School, Huntingdon directly.

Last updated date: 20 May 2014
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Key information

  • Start date: Next September
  • Duration: 1 year

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