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Economics A Level at Cleeve School

Course description

The course will appeal to students who are interested in current affairs,politics, business, ethics, debating, solving problems, and analysing the world around them. Some key questions students will consider are: Should benefits be cut? Why are some countries ‘richer’ than others? Why are Aldi & Lidl doing so well? Is it fair for big firms to avoid paying tax? Is the ‘living wage’ good or bad? Is immigration good or bad for the UK economy? How will Brexit affect the UK?

Course content

The course is split and taught in two parts; microeconomics and macroeconomics:

• In microeconomics, students look at individual markets and businesses. Topics include scarcity & choice, opportunity cost, production possibility curves, specialisation, division of labour, supply & demand, price elasticity of demand, market failure & government intervention, business objectives, and competition in markets.
• In macroeconomics, students look at the wider economy. Topics include national income & expenditure, aggregate supply & demand, fiscal policy, monetary policy, exchange rates, supply side policy, international trade, unemployment, inflation, economic growth, balance of payments, and economic development.

In Year 13, we usually enter four of our students in the Target 2.0 competition run by The Bank of England and The Times Newspaper. Students give a presentation recommending how Monetary Policy should be used to meet the 2% target of inflation. Students also take part in an online, virtual share challenge.

Entry requirements

You should have achieved at least a grade 5 in GCSE English and Maths.

Assessment

All three units are assessed by an exam at the end of Year 13. The weighting of each unit is shown above.

Future opportunities

A Level Economics helps students to acquire a range of skills that employers find valuable; analysing and selecting information, problem solving, understanding and interpreting numerical data, thinking logically, and communicating your ideas concisely.

Possible career paths include being an economist, management consultancy, economic & statistical work, accountancy, banking, financial markets, insurance, investment fund manager / analyst, stockbroker, taxation, government policy adviser, politics, and financial management.
 
 

How to apply

If you want to apply for this course, you will need to contact Cleeve School directly.

Last updated date: 02 November 2017
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