You will build knowledge and understanding of core economic models and concepts in Themes 1 and 2, and then build on this and apply their knowledge to more complex concepts and models in Themes 3 and 4. You will need to apply your knowledge and understanding to both familiar and unfamiliar contexts in the assessments and demonstrate an awareness of current economic events and policies. Subject content: AS: Theme 1: Introduction to markets and market failure This theme focuses on microeconomic concepts. You will develop an understanding of: • nature of economics • how markets work • market failure • government intervention AS: Theme 2: The UK economy – performance and policies This theme focuses on macroeconomic concepts. You will develop an understanding of: • measures of economic performance • aggregate demand • aggregate supply • national income • economic growth • macroeconomic objectives and policy A2: Theme 3: Business behaviour and the labour market This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. You will develop an understanding of: • business growth • business objectives • revenues, costs and profits • market structures • labour market • government intervention A2: Theme 4: A global perspective This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. You will develop an understanding of: • international economics • poverty and inequality • emerging and developing economies • the financial sector • role of the state in the macroeconomy. Essential qualities and skills needed: As this course is assessed purely by exams, it is important to have: • Consistently high attendance to ensure you do not miss out on vital teaching content • A good working attitude to make sure that work is completed to deadlines • To be self-motivated to ensure that effective revision is undertaken. What can I do after studying Business? Students can progress from this qualification to: • higher education courses such as economics degrees with a focus on theory, or degrees in applied economics such as environmental economics, labour economics, public sector economics or monetary economics. Alternatively, you may choose to study a business economics, mathematical economics or business degree • a wide range of careers ranging from finance, banking, insurance, accountancy, management and consultancy, to becoming professional economists For more information please contact the Business and Economics Department
5 or more GCSEs at grade 5 GCSE English Language: 5; GCSE Mathematics 6
All units will be externally assessed in A2.
About Education Provider
| Region | London |
| Local Authority | Ealing |
| Ofsted Rating | Outstanding |
| Gender Type | Girls |
| Address | Queen's Drive, Acton, London, W3 0HW |
You will build knowledge and understanding of core economic models and concepts in Themes 1 and 2, and then build on this and apply their knowledge to more complex concepts and models in Themes 3 and 4. You will need to apply your knowledge and understanding to both familiar and unfamiliar contexts in the assessments and demonstrate an awareness of current economic events and policies. Subject content: AS: Theme 1: Introduction to markets and market failure This theme focuses on microeconomic concepts. You will develop an understanding of: • nature of economics • how markets work • market failure • government intervention AS: Theme 2: The UK economy – performance and policies This theme focuses on macroeconomic concepts. You will develop an understanding of: • measures of economic performance • aggregate demand • aggregate supply • national income • economic growth • macroeconomic objectives and policy A2: Theme 3: Business behaviour and the labour market This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. You will develop an understanding of: • business growth • business objectives • revenues, costs and profits • market structures • labour market • government intervention A2: Theme 4: A global perspective This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. You will develop an understanding of: • international economics • poverty and inequality • emerging and developing economies • the financial sector • role of the state in the macroeconomy. Essential qualities and skills needed: As this course is assessed purely by exams, it is important to have: • Consistently high attendance to ensure you do not miss out on vital teaching content • A good working attitude to make sure that work is completed to deadlines • To be self-motivated to ensure that effective revision is undertaken. What can I do after studying Business? Students can progress from this qualification to: • higher education courses such as economics degrees with a focus on theory, or degrees in applied economics such as environmental economics, labour economics, public sector economics or monetary economics. Alternatively, you may choose to study a business economics, mathematical economics or business degree • a wide range of careers ranging from finance, banking, insurance, accountancy, management and consultancy, to becoming professional economists For more information please contact the Business and Economics Department
5 or more GCSEs at grade 5 GCSE English Language: 5; GCSE Mathematics 6
All units will be externally assessed in A2.
