Economics
Southend High School for Girls
Course summary
A-level Economics will help you gain an understanding of how economies allocate their scarce resources to meet the needs and wants of their citizens. You will build a deeper understanding of the world around you; from your local reality to more abstract global issues. It provides a framework for you to interrogate past events, evaluate current economic conditions and assess economic predictions, all skills that are invaluable as you compete for world class career opportunities. It is a vibrant, stimulating and ‘real time’ subject which will engage and challenge all students, whether you are new to the subject in year 12 or are building on your GCSE Economics skills learned prior to joining the SHSG Sixth Form. What will you study in Year 12? Theme 1 Introduction to markets and market failure The theme focuses on microeconomic concepts. Students will develop an understanding of: • Nature of economics • How markets work • Market failure • Government intervention Theme 2 The UK economy – performance and policies This theme focuses on macroeconomic concepts. Students will develop an understanding of: • Measures of economic performance • Aggregate demand • Aggregate supply • National income • Economic growth • Macroeconomic objectives and policy What will you learn in Year 13? Theme 3 Business behaviour and the labour market The theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. Students will develop an understanding of: • Business growth • Business objectives • Revenue, costs, and profits • Market structures • Labour market • Government intervention Theme 4 A global perspective This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of: • International economics • Poverty and inequality • Emerging and developing economies • The financial sector • Role of the state in the macroeconomy
Entry Requirements
Checked against your grades — every rule traces to the school's published source.
| Requirement | Rule | You |
|---|---|---|
GCSE qualifications | average grade 5.75 across your top 8 gcse qualifications | — |
Economics | Grade 6 in Economics | — |
English Language Alternative route | Grade 6 in English Language | — |
Mathematics Alternative route | Grade 6 in Mathematics | — |
English Literature Alternative route | Grade 6 in English Literature | — |
Mathematics Alternative route | Grade 6 in Mathematics | — |
As published by the school
Grade 6 in GCSE English Language or English Literature. Students with a minimum Garde 6 in GCSE Economics will be accepted. Economics may not be taken alongside Business Studies at A-level.
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Assessment
External Assessments The Pearson Edexcel Level 3 Advanced GCE in Economics A is a linear course with the final examination at the end of Year 13. It is structured into four themes and consists of three externally examined papers. Paper 1 will assess microeconomics and questions will be drawn from Themes 1 and 3. 35% 2 hours 100 marks Paper 2 will assess macroeconomics and questions will be drawn from Themes 2 and 4. 35% 2 hours 100 marks Paper 3 will assess content across all four themes. Students are required to apply their knowledge and understanding, make connections and transfer higher-order skills across all four themes. 30% 2 hours 100 marks Internal assessments Throughout the course you will have regular assignments both in class and for homework that will be assessed. You will be expected to complete weekly guided private study. There will also be regular formal half termly assessments that will count as your assessed grade for the termly report.
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