Economics A Level at Lymm High Voluntary Controlled School
Economics is a really versatile subject and gives you a sophisticated understanding of our country and how the economy works. You could work for a big corporation as an economic analyst, or be the next Evan Davies or Stephanie Flanders on the BBC. Banks need economists as do local and national government, and economics is always valuable in careers like marketing, law, journalism or teaching.
Economics has become high profile. The credit crunch, bankers’ bonuses and fears of a Euro meltdown are just three topics rarely out of the news in recent years, throwing a light on the importance of and divisions within the discipline. You will apply economic theory to support analysis of current economic problems and issues, and encourage students to appreciate the interrelationships between microeconomics and macroeconomics.
Year 1 • The operation of markets and market failure. • The national economy. • In the summer term after the formal examinations have been completed we start to explore the topics covered in Year 2.
Year 2 • Individuals, firms, markets and market failure. • The national and international economy.
A*-C 5 GCSEs Including B in Mathematics and C in English Language.
The AS has two one-and-a-half hour written exams, taken at the end of the course. Paper 1: Operation of markets and market failure: Section A – multiple choice; Section B- students choose one context from a choice of two and answer short answer questions and extended writing questions. Paper 2: The National Economy: Section A – multiple choice; Section B – students choose one context from a choice of two and answer short answer questions and extended writing questions.
The A-level has three, two hour written exams. Paper 1: Markets and market failure: students answer two questions, Section A – students choose one context from a choice of two; Section B – students choose one context from a choice of three. Paper 2: National and international economy: students answer two questions, Section A – students choose one context from a choice of two; Section B - students choose one context from a choice of three. Paper 3: Economic principles and issues: Section A - multiple choice; Section B – extended writing questions.
Both specifications will assess students’ quantitative skills applied in the context of economics. This will include an understanding and application of ratios, fractions, percentages, revenue and profit and other factors, tested across the assessment objectives. At A-level this forms a minimum of 20% of the assessment, and a minimum of 15% at AS.
How to apply
If you want to apply for this course, you will need to contact Lymm High Voluntary Controlled School directly.