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A Level Economics at Heath Park

Course description


Economics is the study of how the world divides up the limited amount of resources we have available. We consider why it is that the world operates the way that it does. Why are there 3 billion people living on less than $2 per day whilst others earn thousands or even millions each year.

The subject aims to enable you to fully understand the type of issues that appear on the news and affect you on a daily basis. Such as:
Should Britain join the Euro?
Should the Government cut benefit payments?
Should we limit immigration?
Could Britain afford to host the Olympics?

Course content


Unit 1 – Markets in Action
Unit 2 – National and International Economics

In Year 12 students learn the basic theories that underpin economics. We look at the issue of scarcity of resources and the different approaches to resolving this. We cover Capitalism and Communism as two opposing views of the world. At a time of such great economic turmoil this is highly relevant to the issues we all face today. We also look at the problems that economic activity causes such as pollution and global warming. In Macroeconomics we look at the issues facing the Government as they try make difficult decisions about how best to divide up our limited resources. The issues of unemployment, Government spending, inflation and global trade are all discussed and debated.


Unit 3 – Transport Economics
Unit 4 – The Global Economy

In Year 13, we cover two highly specialised units; Transport Economics and The Global Economy. Transport Economics discusses the contribution that transport makes to our economy and ties to consider how we can best ensure that people and goods can still move around the globe without compromising the environment. The Global Economy looks at how capitalism has become the dominant political and economic force and the consequences of this. We examine the divide between rich and poor and the economic welfare experienced in different countries. We also consider issues such as whether the UK would benefit from being part of the Eurozone.

Entry requirements

5 A*-C grades at gcse including B in English and B in Maths.


100% Examined

Future opportunities


Leads onto university courses in Business, Finance, Accountancy, Management, Law, Teaching and Journalism. Economics is highly respected by Russell Group universities


Business, Finance, Accountancy, Management, Law, Teaching and Journalism.

How to apply

If you want to apply for this course, you will need to contact Heath Park directly.

Last updated date: 05 May 2015
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