A Level Economics at Spalding Grammar School
he inhabitants of this planet have limited resources but unlimited wants! You will learn how societies choose to share their resources and will question whether this could be done better.
Unit One you will study how markets create prices. You will question whether this is the best way to share our limited goods and services. You will assess whether markets work well and how attempts to improve them can have unforeseen consequences.
Some questions we will consider include:
Why are PlayStation games so expensive?
Why are sports and film stars paid more than doctors?
is called Macroeconomics. It concerns how our Governments make choices between spending our money, taxing citizens and repaying debt. Are they really trying to achieve the highest possible level of welfare for our society? Finally, we examine the UK’s place as a trading nation in the world economy.
Some questions we may consider include:
Why does Government try to control prices?
Why is debt a problem?
In Y13 we will look at the economics of big business: why and how they exploit their workers; how firms make massive profits when they do well and why some get bailed out when they fail.
We will then consider the economically disastrous government events of the last 20 years: how and why they happened, and whether anything could or should have been done differently.
Economics will help you to develop skills in the following areas:
You will learn to develop coherent arguments and thereby improve communication skills through debate, essays and presentations.
Assessment is by exam, and follows the AQA syllabus – the largest examiner of this subject.
Economics is a challenging A Level and would suit students wishing to develop their independent learning skills. Candidates may be considering careers in Finance, Law or Business. At A level, the subject combines well with Maths, History and Geography. It is well regarded by top universities.
In the four years this course has run over 60% of students have achieved A* - B grades at A2.
A minimum grade B in GCSE Maths is recommended.
No prior knowledge of the subject is required for success at A Level.
At least a grade B in GCSE mathematics is recommended.
Economics is an established academic subject and, as such, provides an excellent base for progression into higher education. Economists are highly sought after – in fact economists are the second most highly paid graduates. Those who have a good understanding of Economics will find rewarding occupations in finance, banking and management. The government and large international businesses are important employers of professional economists.You could take this course with other advanced level courses to prepare for higher education in areas of Economics, Business Studies, Accounting, Marketing or more general higher education courses. With further training, you could go into a job related to economics, business, marketing, finance and accounting, human resources and public relations. You could also look at doing a trainee management course within a business to gain the skills, understanding and experience that they require so you can progress to working at management level.
How to apply
If you want to apply for this course, you will need to contact Spalding Grammar School directly.