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Economics (A Level) (Edexcel) at Wilson's School

Course description

Economics deals with some of the most challenging issues we face. Its range encompasses both large-scale government decisions which impact upon unemployment, inflation and development, and the small scale decisions made by consumers and firms. The course is suitable for students who are interested in playing a full part in society and have an interest in learning how businesses and the government create benefits and economic wealth and conversely, how they may create costs which society has to pay, such as those associated with pollution or the housing market.

Course content

Lower Sixth units:

  • Introduction to markets and market failure: This theme focuses on microeconomic concepts. Students will develop an understanding of the nature of economics, how markets work, market failure and government intervention.
  • The UK Economy: This theme focuses on macroeconomic concepts. Students will develop an understanding of measures of economic performance, aggregate demand, aggregate supply, national income, economic growth, macroeconomic objectives and government policy.

Upper Sixth units:

  • Business behaviour and the labour market: This theme develops the microeconomic concepts introduced in the first year and focuses on buisiness economics. Students will develop an understanding of business growth, business objectives, revenues costs and profits, market structures, labour market and government intervention.
  • A global perspective: This theme develops the macroeconomic concepts introduced in the first year and applies these concepts in a global context. Students will develop an understanding of international economics, poverty and inequality, emerging and developing economies, the financial sector and the role of the state in the macroeconomy.

Entry requirements

  • If Business Studies has been taken at GCSE, then an A must be achieved to study A Level Economics. If Business Studies has not been taken at GCSE, then at least a grade 7 in both Mathematics and English (Language or Literature) is required to study A Level Economics.

Assessment

AS Level examinations at the end of the Lower Sixth year comprise papers on the topics covered in this year of study.

A Level examinations at the end of the Upper Sixth year comprise papers on both years' study.

 

Future opportunities

Combining elements of the sciences and the arts, Economics A-level is a widely respected qualification, providing a base for understanding and study in a variety of subjects and vocations. It is of particular relevance to any of the social sciences and careers within the financial and business sectors. A very large number of students from Wilson’s continue their studies of Economics or related subjects at university.

How to apply

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

Last updated date: 18 December 2017
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Key information

  • Start date: Next September
  • Duration: 2 Years

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