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A-Levels - A Level Economics at Wakefield College

Course description

Do you want to explore the relationship between an individual’s decisions and local economics? Or consider how economic policy makers can affect change on the national or global stage? You will find out about the terms, concepts, theories and models in both micro and macro Economics and learn how to evaluate the effects of economic agents for yourself.  You will learn about markets and how they fail as well as studying both national and international economies including topics such as, competition; monopolies; the labour market; fiscal policy, government intervention, inequality and poverty and much more.

Course content

What you will study

Individuals, firms, markets and market failure. This area of study covers topics like individual economic decision making; production, costs and revenue; perfect competition, imperfectly competitive markets and monopoly; the labour market; the distribution of income and wealth: poverty and inequality; and the market mechanism, market failure and government intervention in markets. The national and international economy. This area of study covers topics like the measurement of macroeconomic performance; how the macroeconomy works: the circular flow of income, AD/AS analysis and related concepts; economic performance; financial markets and monetary policy; fiscal policy and supply-side policies; and the international economy.

Your Course Structure

Classroom based: 100%
Practical work: None
Work placement: Will help you try to find some relevant work experience.          

How you will learn

You will learn all about these topics using a wide range of teaching and learning methods.  There will be lectures, group work, presentation, research and report activities, guest speakers, problem solving and plenty of past exam paper questions to practise for the exams.  Homework will be set every week to allow you to develop your knowledge and skills.

Entry requirements

5 GCSEs at A*-C (or new grade 9-4), including English at grade 5 (high C) Language and Maths at Grade 6 ( B)..


This course is examined by written external exams, set and marked by the exam board.

To pass the full A Level you will sit three 2-hour exams at the end of the 2nd year

Paper 1: assessment on markets and market failure.  You answer two long questions; one from each section. In section A, you can choose one context from a choice of two, and in section B one context from a choice of three.

Paper 2: assessment on national and international economy – again, you answer two long questions; one from each section. In sections A, you can choose one context from a choice of two, and in section B one context from a choice of three.

Paper 3: assessment of economic principles and issues.  Section A is multiple choice and section B has extended writing questions.

Financial information

Tuition and certification are free if you are aged 16-18 years old. Related additional costs may include materials, equipment, visits, residentials etc which are payable by all students.
Any student entered/registered with an Awarding Body who has been given free entry and then withdraws or is withdrawn by a tutor will incur the certification fee associated with the course. Any resit examination will incur a cost.

Different fees apply to international students.


Future opportunities

Further study

The majority of students progress to Degree level of study at university. This may be a degree in Economics itself or a related discipline.


Career opportunities

An A level in Economics can lead to a variety of careers including banking, accountancy, tax advice, actuarial work, insurance, investment analyst, personal financial advisor, statistician and, of course, an economist.

Further information

If you require further information please contact: The Course Information Team on 01924 789111


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.

Last updated date: 02 April 2019
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    • Wakefield City Campus
      (Postcode WF1 2DH)

      If you want to study in the heart of a bustling city centre, you’ll like our Wakefield Campus, situated in Margaret Street to the North West of the city centre. The campus has just finished a major refurbishment to provide a better and more attractive learning environment for all our students!

      At the Wakefield Campus you will find all the facilities you’d expect of a major college campus, such as a well-stocked Learning Centre, and a food court style refectory.

      Wakefield Campus is home to our Sixth Form, where students can choose from a wide range of AS/A Levels. Vocational courses at all levels can also be studied here – Business Studies, ICT, Hospitality and Catering, Travel and Tourism, Health and Social Care, Childcare, Animal Care... to name but a few.