Economics A Level
Course summary
A-Level Economics involves the application of economic theories to real-world situations, policy analysis, and evaluation. Essentially it involves the study of scarcity. It is concerned with how we try to get the most out of the limited resources that planet earth has, in order to best satisfy its population. The subject tries to answer three basic questions: What should we produce? How should we produce it? For whom should we produce? From these basic questions, the subject is developed, dealing both in scarcity issues on a small scale (microeconomics) and those on a larger scale (macroeconomics). This A level offers numerous benefits, both in terms of academic growth and future career prospects. The subject will equip you with essential skills such as critical thinking, problem-solving, data analysis, and the ability to evaluate complex information. Furthermore, a solid understanding of economic principles and policies is invaluable in today's interconnected and rapidly changing world, by providing you with insights into the workings of local and global economies, helping you make informed decisions and contribute to discussions on economic matters that affect our everyday lives.
Entry Requirements
Checked against your grades — every rule traces to the school's published source.
| Requirement | Rule | You |
|---|---|---|
Average point score | Minimum average point score of 5 | — |
Total point score | Minimum total point score of 20 | — |
English Language | Grade 5 in English Language | — |
English Literature | Grade 5 in English Literature (if taken) | — |
Mathematics | Grade 6 in Mathematics | — |
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Assessment
Paper 1: Markets and Market Failure. Written exam: 2 hours, 80 marks, 33.3% of A Level Paper structure: Section A: Choice of two contexts – a range of questions including a 25-mark essay. Section B: Choice of one essay from three options. Students answer one 15-mark question and one 25-mark essay Paper 2: National and International Economy Written exam: 2 hours, 80 marks, 33.3% of A Level Paper structure: Section A: Choice of two contexts – a range of questions including a 25-mark essay. Section B: Choice of one essay from three options. Students answer one 15-mark question and one 25-mark essay Paper 3: Economic Principles and Issues Written exam: 2 hours, 80 marks, 33.3% of A Level Paper structure: Section A: 30 Multiple choice questions Section B: Investigation into an economic scenario using unseen sources. Students answer one 10-mark question, one 15-mark question and a 25-mark economic report.
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