Economics

Department: Business 

Type of Qualification: A Level  

Exam Board: Edexcel 

Additional Entry Requirements: Minimum Grade 6 in GCSE Mathematics and Grade 5 in English Literature or Language 

Why study Economics? 

This course is for anyone who: 

  • Wishes to study economics at university 
  • Wishes to pursue a career in economics or finance 
  • Wishes to develop a critical approach to problem-solving 
  • Enjoys studying a subject that affects their everyday life 

Course Content 

  • Theme 1 (microeconomics): Introduction to the nature of economics, markets and market failure (Yr.12) 
  • Theme 2 (macroeconomics): Introduction to the UK economy, focusing on economic performance and macroeconomic policies (Yr.12) 
  • Theme 3 (microeconomics): focusses on business economics and explores behaviour and the labour market (Yr.13) 
  • Theme 4 (macroeconomics): considers a global perspective, including poverty and inequality, emerging economies and the financial sector. (Yr.13) 

Assessment

There are three externally assessed (exam) papers at A level. Each paper comprises 100 marks and is two hours long.  Questions range from short answer (including multiple choice), data response and extended open response. 

Careers in Economics 

  • Chartered accountant 
  • Chartered certified accountant 
  • Chartered public finance accountant 
  • Economist (or journalist of;) 
  • Financial risk analyst 
  • Investment analyst 
  • Statistician 
  • Actuary 
  • Management Consultant 
  • Quantity Surveyor