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Economics AS & A2 at The Crest Academies

Course description

Economics is essentially about how choices are made in a world of scarce resources. It is a fascinating subject because it includes the study of how people behave and interact with each other. The dynamic between consumers, manufacturers and the government makes economics a vibrant topic.

In A level Economics you’ll look at the fundamental forces which affect our lives, such as employment, prices, international trade and poverty. Economists are often in healthy debate with each other over these issues. It is this controversy which makes Economics lively and interesting and which allows you the opportunity to make your own judgments and form your own opinions.

In year one you’ll focus on both Microeconomics and Macroeconomics. Microeconomics addresses issues such as: “Why house prices are so high?”, “Can pollution effectively be controlled?” and “Should governments set minimum wages?” Macroeconomics considers questions like: “What happens to the economy if people decide to spend more?” and “How are we affected by the Chinese and Indian economies?”

In year two you’ll build on your micro and macro knowledge and study another two key topics. First, ‘The Global Context’ includes the impact of globalization on UK economic performance. Second, ‘The European Union Context’ includes the effects of EU membership and economic policies on the UK economy.

Course content

 

AS

A2

Unit 1: Markets and Market Failure

50% of AS, 25% of A Level

1 hour 15 minutes examination

Section A: MCQ    Section B: Data Response

 

 

Unit 2: The National Economy

50% of AS, 25% of A Level

1 hour 15 minutes examination

Section A: MCQ    Section B: Data Response

 

Unit 3: Business Economics and the Distribution of Income

25% of A Level

2 hour examination

Section A: Data Response   Section B: Essay

 

Unit 4: The National and International Economy

25% of A Level

2 hour examination

Section A: Data Response   Section B: Essay

 

 

Entry requirements

5 GCSEs at A*-C. Good grades in English and Maths are desirable.

Assessment

Each year you’ll have two written papers to complete. Each paper accounts for 50% of the marks for that year. There’s a mix of short answer questions and a choice of questions where you can give a longer, more detailed answer. You will also have the opportunity to re-sit the papers to improve your marks.

Future opportunities

Course Progression and Careers

Economics is a versatile subject that can help you in a number of careers. Not only could you find yourself working for big corporations, banks or the government but your qualification in economics could also be valuable support in a career like marketing, law, journalism or teaching. 

How to apply

If you want to apply for this course, you will need to contact The Crest Academies directly.

Last updated date: 20 May 2014

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