Economics AS/A2 Level at Chobham Academy
Year AS content:
The first unit studied is micro-economics unit called Markets and Market Failure. It ensures candidates gain an appreciation of the allocation of resources, the market model and selected aspects of what makes markets efficient or sees them fail. The second unit, The National Economy, sees candidates introduced to how levels of macro-economic activity are determined and also investigates key national economic indicators, policies and problems.
Year A2 content:
The principal focus in Econ 3: Business Economics and the Distribution of Income is on more complex microeconomic models such as market structures, developing a more critical approach to such economic models and methods of enquiry. Students are also required to develop a more formal understanding of economic efficiency and the arguments for and against government intervention in markets.
For A2 you must study Econ 4: The Global Economy. This unit provides the conceptual framework for the understanding, analysis, and evaluation of macro-economic performance in national, regional and global contexts. The key topics are comparative economic performance indicators and policies, trade & integration, development & sustainability and the economics of globalisation.
Recommended students have GCSE English A, Maths B.
Unit 1 – Econ 1: 50% of AS Level, 25% of A2. 1 hour and 15 minutes (75 marks)
Unit 2 – Econ 2: 50% of AS Level, 25% of A2. 1 hour and 15 minutes (75 marks)
Section A: 25 compulsory objective test items (25 marks)
Section B: Two optional data response questions are set; candidates answer one. (50 marks)
Unit 3 – Econ 3: 25% of A Level. 2 hours (80 marks)
Unit 4 – Econ 4: 25% of A Level. 2 hours (80 marks)
Section A: Two optional data response questions are set; candidates answer one. (40 marks) One question will always relate to the global context and the other to the European Union context.
Section B: Three optional essay questions are set; candidates answer one. (40 marks)
Economics university graduates are employed in a range of posts which may, or may not, be related to the discipline they studied. They work in manufacturing, transport, communications, banking, insurance, investment and retailing industries, as well as in government agencies, consulting and charitable organisations.
How to apply
If you want to apply for this course, you will need to contact Chobham Academy directly.