Economics looks at how societies deal with the scarcity of resources and the role of government in dealing with the economic problems that stem from this. Microeconomics considers the rationale behind the behaviour of consumers and firms, whilst macroeconomics investigates issues such as inflation, unemployment and international trade. Students will apply economic theories and concepts to current issues such as Austerity, the EU financial crisis, financial markets, global warming, globalisation and the growing inequality in modern economies. Economics is the branch of social science that deals with the production, distribution and consumption of goods and services, and their management, alongside the various related problems of labour, finance, taxation, etc. You don’t need to have studied the subject before to be successful. The A level course is divided into two discrete areas of study: 1. Microeconomics: involving scarcity & choice, markets (demand & supply), resource allocation and market failure. 2. Macroeconomics: involving macroeconomic objectives, aggregate demand & aggregate supply, policy instruments and international trade.
GCSE English (Literature or Language) and Maths grade 6.
In A Level Economics, the assessments will be in the form of 3 papers. An overview of each paper is below. Paper 1 Microeconomics - written exam, 2 hours, 80 marks in total, 33.3% of A-level Contents of assessment Introduction to microeconomics • The role of markets • Business objectives • Market structures • The labour markets Paper 2 Macroeconomics - written exam, 2 hours, 80 marks in total, 33.3% of A-level Contents of assessment • Aggregate demand and aggregate supply • Economic policy objectives • Implementing policy • The global context • The financial sector Paper 3 Theme of economics - written exam, 2 hours, 80 marks in total, 33.3% of A-level Contents of assessment In paper 3, students will draw together their knowledge and skills to answer questions from across all content areas
About Education Provider
| Region | London |
| Local Authority | Waltham Forest |
| Ofsted Rating | Good |
| Gender Type | Mixed |
| Address | 34 Handsworth Avenue, Highams Park, London, E4 9PJ |
Economics looks at how societies deal with the scarcity of resources and the role of government in dealing with the economic problems that stem from this. Microeconomics considers the rationale behind the behaviour of consumers and firms, whilst macroeconomics investigates issues such as inflation, unemployment and international trade. Students will apply economic theories and concepts to current issues such as Austerity, the EU financial crisis, financial markets, global warming, globalisation and the growing inequality in modern economies. Economics is the branch of social science that deals with the production, distribution and consumption of goods and services, and their management, alongside the various related problems of labour, finance, taxation, etc. You don’t need to have studied the subject before to be successful. The A level course is divided into two discrete areas of study: 1. Microeconomics: involving scarcity & choice, markets (demand & supply), resource allocation and market failure. 2. Macroeconomics: involving macroeconomic objectives, aggregate demand & aggregate supply, policy instruments and international trade.
GCSE English (Literature or Language) and Maths grade 6.
In A Level Economics, the assessments will be in the form of 3 papers. An overview of each paper is below. Paper 1 Microeconomics - written exam, 2 hours, 80 marks in total, 33.3% of A-level Contents of assessment Introduction to microeconomics • The role of markets • Business objectives • Market structures • The labour markets Paper 2 Macroeconomics - written exam, 2 hours, 80 marks in total, 33.3% of A-level Contents of assessment • Aggregate demand and aggregate supply • Economic policy objectives • Implementing policy • The global context • The financial sector Paper 3 Theme of economics - written exam, 2 hours, 80 marks in total, 33.3% of A-level Contents of assessment In paper 3, students will draw together their knowledge and skills to answer questions from across all content areas
