Course Outline / Topics Individuals, firms, markets and market failure Economic methodology and the economic problem Individual economic decision making Price determination in a competitive market Production, costs and revenue Perfect competition, imperfectly competitive markets and monopoly The labour market The distribution of income and wealth: poverty and inequality The market mechanism, market failure and government intervention in markets The national and international economy The measurement of macroeconomic performance How the macro economy works : the circular flow of income, AD/AS analysis, and related concepts Economic performance Financial markets and monetary policy Fiscal policy and supply-side policies The international economy
Year 12 Economics – Internal exams Paper 1 & Paper 2 are assessed by written examination during two 2-hour tests Questions are structured to include: Multiple choice questions Short answer questions, Questions based on case studies Questions requiring extended writing (essays) A-level Economics (after two-year course) – 3 final exams Paper 1, Paper 2 and Paper 3 skills are assessed during three written examinations. Each test lasts 2 hours. The exams include structured questions and several essays. There is no coursework.
About Education Provider
| Region | London |
| Local Authority | Enfield |
| Ofsted Rating | Good |
| Gender Type | Mixed |
| Address | 196 Southbury Road, Enfield, EN1 1YQ |
Course Outline / Topics Individuals, firms, markets and market failure Economic methodology and the economic problem Individual economic decision making Price determination in a competitive market Production, costs and revenue Perfect competition, imperfectly competitive markets and monopoly The labour market The distribution of income and wealth: poverty and inequality The market mechanism, market failure and government intervention in markets The national and international economy The measurement of macroeconomic performance How the macro economy works : the circular flow of income, AD/AS analysis, and related concepts Economic performance Financial markets and monetary policy Fiscal policy and supply-side policies The international economy
Year 12 Economics – Internal exams Paper 1 & Paper 2 are assessed by written examination during two 2-hour tests Questions are structured to include: Multiple choice questions Short answer questions, Questions based on case studies Questions requiring extended writing (essays) A-level Economics (after two-year course) – 3 final exams Paper 1, Paper 2 and Paper 3 skills are assessed during three written examinations. Each test lasts 2 hours. The exams include structured questions and several essays. There is no coursework.
