Economics

Course summary

The AS specification is based upon the principle of creating an introductory broad, but basic, understanding of how markets and the economy work e.g. it introduces learners to the key concepts of demand and supply in both individual markets (microeconomics and the whole economy (macroeconomics). A2 learners will be expected to use more complex micro and macro models applied to a wider range of local, national and international contexts. Learners will be required to develop a more critical approach to the evaluation of economic models and current economic problems. The synoptic essays will be draw upon different elements of the specification content and evaluate alternative arguments and theories.