Economics A level at Walton High
Economics opens a window onto virtually all the significant questions faced by society today, on both a national and international level. The study of economics will enable students to appreciate the mechanics of the financial system that determine our material circumstances and position. Specifically, the subject addresses issues such as: What is austerity? Is spending on the NHS sustainable? Are we better off inside or the outside of the EU?
Economics is, therefore a subject that will be extremely rewarding to students with an active interest in current affairs, finance and national or global political issues. Equally it will appeal to those who enjoy exploring complex issues and formulating potential solutions, whilst developing a wide range of transferable skills, including critical analysis and problem solving in a challenging and stimulating environment.
The course is divided into separate units, termed ‘themes ‘ which are as follows:
Theme 1 Introduction to markets and market failure
Theme 2 The UK Economy (performance and policies)
Theme 3 Business behaviour and the labour market
Theme 4 A global perspective
Students will be expected to develop an ability to comprehend, examine, apply and evaluate a range of economic topics such as:
- Markets and how they work
- Economic growth and economic recessions
- International Trade
- The European Union
- Economics of transport
- Inflation and unemployment
- Developing countries and globalisation
- Government and economic policy
8 GCSEs (A*-C) or above, including English Language and Maths and an interest in current affairs.
The A level consists of three separate papers:
Paper 1: Markets and Business Behaviour Questions drawn from Theme 1 and Theme 3
- 100 marks, Two hour exam (35% of qualification)
Paper 2: The National and Global Economy Questions drawn from Theme 2 and Theme 4
- 100 marks, 2 hour exam (35% of qualification)
Paper 3: Microeconomics and Macroeconomics Questions drawn from all themes
- 100 marks, 2 hour exam (30% of exam)
The study of Economics A Level would be a useful foundation for a career or Higher Education in a variety of fields including: Economics; Journalism; Politics; Business; Civil Service; and Education. It also complements the study of Geography, History and Government and Politics.
How to apply
If you want to apply for this course, you will need to contact Walton High directly.