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Economics AS A2 at Kingsthorpe College

Course description

Economics is concerned with how consumers obtain the goods and services they need and want. It also focuses on money - how it is made, lost, used and misused. It also investigates the factors affecting the whole economy; when the economy does well, we as people do well.

A level Economics aims to:

  • develop an understanding of current economic issues, problems and institutions that affect everyday life
  • apply economic concepts and theories in a range of contexts and appreciate their value and limitations in explaining real world phenomena
analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.

Course content

AS Level

Unit 1 Markets and Market Failure

How prices are determined? What determines how efficient markets are? How can governments improve market performance?

Unit 2 The National Economy

How good is the UK economy? What can the government do to improve its performance?

A2 Level

Unit 3 Business Economics and the Distribution of Income

How do companies compete and cater for peoples wants? Why do people earn different amounts? What can the government do to encourage competition and protect workers?

Unit 4 The National and International Economy

This module builds on module 2 at AS level. What policies does the Government use to control inflation, improve economic growth and reduce unemployment?

A range of methods and resources are used to help students learn Economics including individual and group work, oral presentations and written work, electronic and paper based materials.

Entry requirements

Students need not have studied Economics at GCSE level, but must obtain at least 5 grade Cs at GCSE, including Maths and English.

Assessment

At AS level both modules are assessed by a one hour and 15 minute examination paper which contains 25 Multi-choice questions and one data response question from a choice of two.

At A2 level students complete two exams each two hours long. Students choose one data response question to complete from a choice of two as well as one essay to be answered from a choice of three.

Future opportunities

Progression routes and Career opportunities

Economics is a Social Science and therefore complements a range of subjects from Maths and the Sciences to English and the Humanities.

There are a range of possible careers that can be entered after studying Economics such as Accountancy, Business Management, Insurance, Banking and Finance.

Further information

If you require any further information please contact Mr Battams.

How to apply

If you want to apply for this course, you will need to contact Kingsthorpe College directly.

Last updated date: 16 November 2015
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Key information

  • Start date: Unknown

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