Economics AS/A-Level at Ravens Wood School
You live in a world of infinite wants. People constantly want more or better things and this is consistent around the world. However, the resources we have to provide for these wants don’t stretch far enough and as a result, we have to make decisions about what to produce, how to produce and who to produce for. As a student of Economics your focus will be on solving this problem and understanding the decisions people, firms and governments make. Economics is a constantly changing and evolving practice that affects us all, whether we notice it or not. Economics is a very challenging academic subject; effective economics students are able to read and comprehend challenging articles and passages, to write fluently and cogently and to understand and manipulate numerical data confidently and accurately.
The course comprises two main themes;
- Microeconomics – looking at individual markets such as the markets for cars or airline tickets and understanding the position of individuals and firms.
- Macroeconomics – looking at how the UK economy operates - discussing decisions made by our government each day; the global economy; and understanding why some countries are rich and why some are poor and what can be done to close the gap.
B or above in English Language or Literature and B in Maths.
Students who sit AS at the end of Year 12 will sit two two-hour examinations and those who continue to A level will sit three two-hour examinations at the end of Year 13. There is no coursework in the AS or A level.
Economics A level is a sound preparation for an economics degree and many employers are very impressed by good economics qualifications. Due to the nature of economics and because it encourages such a rounded view of society and current affairs, a student of economics will always be welcome in all walks of life.
How to apply
If you want to apply for this course, you will need to contact Ravens Wood School directly.