Economics

Assessment

There are three papers at A-Level of 2hrs duration per paper. Each paper is equal to 33.3% of the overall grade. Paper 1 - Markets and market failure will examine microeconomic topics and is comprised of a mixture of shorter questions and longer essays. - Section A questions are based around information contained within an unseen stimulus context where there is a choice of two contexts. - Section B contains three, two-part essay questions where you choose one of the essays. Paper 2 - National and international economy will examine macroeconomic topics and comprised of a mixture of shorter questions and longer essays. - Section A questions are based around information contained within an unseen stimulus context where there is a choice of two contexts. - Section B contains three, two-part essay questions where you choose one of the essays. Paper 3 - Economic Principles and Issues is a paper that includes topics from both microeconomics and macroeconomics. - Section A contains thirty compulsory multiple-choice questions. - Section B is focused on an unseen stimulus which will typically have four extracts in both textual and numerical form. - The exam paper consists of three questions to be answered in the style of an economist providing economic advice to a third party.