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Economics AS/A2 Level at King Edward VI Grammar School

Course description

Course Specification:

AS Level - Edexcel 6EC01

A2 Level - Edexcel 9121

What is the course about?

Studying Economics will enable you to:

- understand current economic issues, problems and institutions;

- apply economic concepts and theories to explain real world situations;

- analyse, explain and evaluate the market economy and the role of the government.

Course content

Theme 1 Introduction to Markets and Market Failure This unit provides an introduction to the nature of economics and examines the operation of markets for goods and services. It analyses the nature of market failure, its causes and possible remedies. We will deal with issues such as “what determines the price of a good”, “whether there should be a congestion charge”, and “whether tax can help to control smoking”. At the end of this unit, you should be able to understand the price mechanism as a means of allocating resources, and be able to apply supply and demand analysis to real world situations.

Theme 2 The UK Economy – Performance and Policies This unit introduces key measures of economic performance, and the main objectives and instruments of economic policy. We look at issues such as inflation and interest rates, the effects of the changes in value of the pound, and whether the government is overspending.

Entry requirements

Where can it lead?

Economics can be combined with any other subject and can lead to a wide range of careers – in industry, commerce and the public sector. It also enables students to develop important skills. In particular you will learn valuable problem-solving skills - to think logically, to reason your way to the best solution and to deal with issues in a wide context.

Assessment

Three written papers at the end of Year 2.
Paper 1 Markets and Business Behaviour
A combination of multiple choice, short answer and extended open response questions.
Paper 2 The National and Global Economy
A combination of multiple choice, short answer and extended open response questions.
Paper 3 Micro and Macroeconomics
Data response and extended open response questions.

How to apply

If you want to apply for this course, you will need to contact King Edward VI Grammar School directly.

Last updated date: 16 November 2015
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Key information

  • Start date: Next September
  • Duration: 2 Years

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