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Economics AS/A2 Level (EDEXCEL) at The North Halifax Grammar School

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Economics AS and A level Examining Board - Edexcel

Why choose Economics? The Economics Department at the North Halifax Grammar School has a strong record of academic success. The subject is taught by a specialist teacher with a good deal of expertise in the subject. In addition, the department is well resourced with books and materials. What does the course involve? The course aims to inform the student about the workings of the UK economy and relates it to the EU and the world economies. Most simply, the course is divided into 4 themes: Theme 1 Introduction to markets and market failure How do firms and consumers make their decisions? Should we leave businesses alone to do what they want or should the government step in? Theme 2 The UK economy – performance and policies Government policies dealing with issues such as unemployment, inflation and the distribution of income. Do they work? Theme 3 Business behaviour and the labour market An in-depth investigation into the way firms behave, including pricing policies, competition, efficiency and privatisation. Theme 4 The national and global economy An investigation into trade, the EU, the exchange rate and Balance of Payments. AS level Economics will be examined at the end of Year 12 with a paper on each of the first 2 themes. A level Economics will be examined at the end of Year 13 with 3 papers: Theme 1 & 3, Theme 2 & 4, Theme 1,2,3 & 4. Assessment will include supported choice questions, data response exercise and essays. What qualities do you need to be successful in the subject? You will need a logical mind and a genuine interest in the world around you. You will also need to be competent in both English and Mathematics, as the subject involves some statistical work and the writing of essays. To what career opportunities can AS /A level Economics lead? Economics can be studied at university. More specialised courses are also available, such as Agricultural Economics or Retail Management, for those who have decided the exact career they wish to follow. In addition, Economics A-level is recognised as a good general academic qualification, enabling the student to show that he or she has attained a high level of literacy and numeracy. Economics also provides a sound basis for careers in the following areas: banking, law, the civil service, accountancy, marketing, industry, retailing, insurance, personnel work, public relations, and journalism. This list is by no means exhaustive. Business Studies AS/A level or Economics AS/A level? Students are not advised to study both Business Studies and Economics as universities do not always accept this combination, restricting student choice. There is some overlap between the two courses, but there are major differences. 1. Economics mainly investigates the financial aspects of individual firms (prices, costs, profit) as well as looking at wider economic issues (unemployment, inflation, the European Union). Business Studies mainly looks at individual businesses with less emphasis on the wider picture. 2. Economics is assessed through supported choice, data response and essay questions, whilst Business Studies is assessed through short and long answer questions based on case study material. What can you do to prepare for study in A level Economics? Basically students need to be paying an interest in the world around them. Try to observe how businesses behave in order to get us to part with our money – why does it work? Watch the news on TV and read a quality newspaper to get yourself up-to-date with the business world and the economy. How can you find out more? Any student interested in the course may obtain more detailed information from Mr P Jervis.

Further information

To find out more about this qualification, contact us, ask your Connexions Personal Adviser or school/college careers staff.

How to apply

If you want to apply for this course, you will need to contact The North Halifax Grammar School directly.

Last updated date: 22 September 2015
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Key information

  • Start date: Next September
  • Duration: 2 years

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