A LEVEL ECONOMICS

Course summary

Theme 1 Introduction to markets and market failure Theme 2 The UK economy – performance and policies Theme 3 Business behaviour and the labour market Theme 4 A global perspective Economics aim to develop students’ awareness of the world we live in. It relates to every aspect of our lives; from the choices we make as individuals or families to the structures created by governments and firms. Through the study of Economics, students will develop the ability to think logically, apply influential economic theories, critically evaluate information and communicate evaluative reasoning in a structured and coherent manner. The subject is divided between Microeconomics (Themes 1 and 3) Macro economics (Themes 2 and 4). Students will use economic theory to analyse current economic issues.