Economics A level at Wilmslow High School
The OCR Economics is intended to captivate the imagination of students so that, when they leave the classroom, they’ll want to explore and read around the subject further.
While serving as an introduction to the study of Economics, the specification will also provide opportunities for stretch and challenge to extend students’ understanding of the world of Economics. With this in mind, the specifications will appeal to students across the ability range.
At the heart of the course will be its relevance to the modern world; the topicality is designed to engage students and facilitate an understanding of their role in society. The stimulating specification content will encourage them to develop their skills as independent learners, critical thinkers and decision-makers – all personal assets that can make them stand out as they progress to higher education and/or the workplace.
Component 1 of both the AS and A Level qualifications focuses on ‘microeconomics’. From a base of microeconomic theory, it will enable students to discuss and evaluate how well this theory explains our observations of economic agents in the real world. The theoretical workings of the free market provide a useful starting point for explanation and analysis. Imperfections and market failures provide a lead into discussing the merits and drawbacks of government intervention and the usefulness of theory in explaining observations taken from the real world of economics.
Component 2 of both the AS and A Level qualifications focuses on ‘macroeconomics’. It will provide students with the technical and analytical tools required to understand how the macroeconomy functions on both the domestic and global levels. The course encourages students to adopt a critical approach to their study of policy through understanding the limitations and conflicts that they present. Policy approaches are also considered in a historical context to understand how macroeconomics has changed over time.
The A Level qualification also has a Component 3, focusing on themes in economics. The assessment of this component will be synoptic in nature and will draw on content from both the microeconomics and macroeconomics components, applied to particular themes.
No formal study of economics at GCSE is required. Due to the extended essays and mathematical understanding required for this course, high standards of literacy and numeracy are crucial. Consequently at least a B grade is required in at least one of GCSE English language, English literature, geography or history. In addition a C in GCSE mathematics is required and a B grade is strongly recommended.
Candidates will study for the Advanced GCE OCR examination.
For AS and A Level there’s simple straightforward assessment with no coursework and a balanced set of short, medium and extended response questions. The mark scheme for multiple choice questions indicates the reasoning for right and wrong answers.
- The A Level is made up of three mandatory components, focusing on (1) microeconomics, (2) macroeconomics and (3) themes in economics, with the third one offering an exciting opportunity for students to apply theories and concepts to up-to-date contexts.
- The AS Level is made up of two mandatory components, focusing on (1) microeconomics and (2) microeconomics.
Economics A level
How to apply
If you want to apply for this course, you will need to contact Wilmslow High School directly.