A level Economics will give you an excellent understand of how economies allocate their scarce resources to meet the needs and wants of their citizens. You will develop a greater understanding of the economic problems which face individuals, firms and governments on a local, national and global level and the alternative ways these problems can be resolved. You will look at the microeconomic areas investigating how individual decisions impact economic outcomes, the importance of competition, how markets operate and why they fail and the distribution of wealth. At the same time you will learn about macroeconomics, looking at the ‘big picture’ of how our national economic fits into the global context, the global impact of financial markets and monetary policy and the operation of the international economy.
You will sit three two hour written exams – each exam will be worth a third of the A level. Paper one will cover markets and market failure, paper two will cover the national and international economy and paper three will draw on material from the whole course. The papers will feature a range of question styles.
About Education Provider
| Region | East Midlands |
| Local Authority | Nottinghamshire |
| Ofsted Rating | Good |
| Gender Type | Mixed |
| Address | Lantern Lane, East Leake, Loughborough, LE12 6QN |
A level Economics will give you an excellent understand of how economies allocate their scarce resources to meet the needs and wants of their citizens. You will develop a greater understanding of the economic problems which face individuals, firms and governments on a local, national and global level and the alternative ways these problems can be resolved. You will look at the microeconomic areas investigating how individual decisions impact economic outcomes, the importance of competition, how markets operate and why they fail and the distribution of wealth. At the same time you will learn about macroeconomics, looking at the ‘big picture’ of how our national economic fits into the global context, the global impact of financial markets and monetary policy and the operation of the international economy.
You will sit three two hour written exams – each exam will be worth a third of the A level. Paper one will cover markets and market failure, paper two will cover the national and international economy and paper three will draw on material from the whole course. The papers will feature a range of question styles.
