Economics AS/A Level at Fitzharrys School
This is a subject which is now a reformed A level which means that the result of the AS exams does not contribute to the overall A level marks and grades. If a student leaves the course after AS then this new type of the AS is worth 40% of the UCAS points of the full A level for University entry in 2017 and beyond. If a student completes the A level course then it is only the assessment at the end of the second year that counts towards the full A level grade.
- Operation of markets and market failure
- The National Economy
- Markets and market failure
- The National Economy
- Economic principals and issues
Contrary to popular belief, you do not need to be studying maths to do A level economics, but you need to be comfortable with interpreting graphs and picking trends out of numeric data. The quantitative element of the course includes an understanding and application of ratios, fractions, percentages and revenue and profit. At A level this forms a minimum of 20% of the assessment and 15% at AS.
Much more important is an enquiring mind, which looks below the surface of why things happen and a keen awareness of current events. You are encouraged to keep up-to-date with current events by reading a quality newspaper and watching current affairs programmes.
The exam structure is the same for both papers. The first part is a multiple choice section. The second part is a data response paper - students choose 1 of 2 possible contexts and with short answer and extended writing questions.
Each paper is one and a half hours long and contributes 50% of the AS marks Papers 1 and 2 are in two sections. Section A – students choose one context from a choice of two. Section B – students choose one context from a choice of three. Paper 3 Section A – multiple choice questions. Section B – extended writing questions. All papers are two hours long and contribute one third of A level marks.
There is no course work at either AS or full A level.
Economics is a fascinating and highly respected subject at both degree and A level. It is widely seen as providing valuable analytical skills and knowledge of the world by universities and in a variety of jobs including business management, marketing, financial services and journalism. Holders of economics degrees are amongst the most highly paid graduates with salaries on par with professionals such as lawyers, doctors and dentists.
If you are thinking about studying Economics at University many universities will require A level maths. A number of courses do admit students without A level maths, but there will be an appropriate maths element at the start of the course.
How to apply
If you want to apply for this course, you will need to contact Fitzharrys School directly.