Economics (GCE) at Shelley College
Why Study Economics?
Economics enables students to use economic models to help them understand the complexities of the world around them. Students also use data to help them analyse markets and economies, and how governments try to influence both. Students are introduced to different perspectives, aspects of economic history and develop an understanding of economic issues. Economics includes topics such as economic growth, poverty and inequality, market structures and the labour market.
Economics specification A enables students to use economic models to help them understand the complexities of the world around them.
Theme 1: Introduction to markets and market failure
a) The nature of economics
b) How markets work
c) Market failure
d) Government intervention
Theme 2: The UK Economy – performance and policies
a) Measures of economic performance
b) Aggregate demand
c) Aggregate supply
d) National income
e) Economic growth
f) Macroeconomic objectives and policy
Theme 3: Business behaviour and the labour market
a) Business growth
b) Business objectives
c) Revenues, costs and profits
d) Market structures
e) The labour market
f) Government intervention
Theme 4: A global perspective
a) International economics
b) Poverty and inequality
c) Emerging and developing economies
d) The financial sector
e) Role of the state in the macroeconomy
The aim of our entry criteria policy is to ensure students are taking courses they are well suited to and are able to make progress in. We seek to provide courses well matched to the needs of our students, helping them to follow their chosen progression pathway.
Due to changes in the curriculum set-up for GCSE, AS and A Level which are currently taking place, we have reviewed our entry criteria from 2018/19 onwards and will continue to review this annually until all curriculum changes are effective.
We have also decided that for the 2018/19 entry students, those with a 4 at English or Maths GCSE will be offered the opportunity to resit that subject in order to achieve a Level 5.
Our main College entry requirements are as follows;
A minimum of five 4-9 grades at GCSE, including English and Maths (at least to Level 4) from five different subject areas.
Purely vocational pathway require a minimum of four 4-9 grades at GCSE, including English and Maths (at least to Level 4) from four different subject areas.
A BTEC qualification may be counted as equivalent to two GCSE passes if students choose to follow a vocational pathway (i.e, OCR Cambridge National in Sport).
There will be three pathways which students can follow based on an average grade produced from their seven best GCSE results. The calculation being used for this van be seen overleaf.
Programme of study
Average grade of 7 or higher
3 or 4 A Levels
Average grade of 5 to 6.9
3 A Levels or a mixed A Level and Vocational pathway
Average grade of less than 5
Mixed (A Level and Vocational) or Vocational pathway
The method for calculating your average grade and additional subject requirements are within our full entry criteria document which can be found on the Sixth Form section of our website:
Assessment is by 3 x 2 hours written exam papers that will be sat at the end of the course. The A level papers will assess the AS and A Level content.
Paper 1: Markets and business behaviour – assesses Theme 1 and Theme 3 content. It will consist of a range of multiple choice questions, short answer questions and a data response questions broken down into a number of parts with a choice of extended open response questions.
Paper 2: The national and global economy – assesses Theme 2 and Theme 4 content. It will consist of a range of multiple choice questions, short answer questions and a data response questions broken down into a number of parts with a choice of extended open response questions.
Paper 3: Microeconomics and macroeconomics – assesses content from across all themes. It will consist of a range of multiple choice questions, short answer questions and a data response questions broken down into a number of parts with a choice of extended open response questions.
An A Level in Economics can lead into many career areas.
Other roles include management, marketing, sales and advertising, human resources, IT and education
Possible Career Routes Include:
How to apply
You can apply for this course through UCAS Progress. Add this course to your favourites so you can start making an application.