THE ECCLESBOURNE SCHOOL

A Level

Exam Board: Edexcel

Contact: Mrs K. Taylor

Course Overview

The AS examination consists of 2 themes and 2 external examinations whilst Advanced GCE in Economics B is structured into four themes and consists of 3 externally examined papers. Students are introduced to economics through building knowledge of core microeconomic and macroeconomic concepts, and by investigating economic theory through real-world businesses and environments in which they operate. Breadth and depth of knowledge and understanding with applications to more complex concepts and models are developed in the second year of study. Students will need to apply their knowledge and understanding to both familiar and unfamiliar contexts in the assessment and demonstrate an awareness of current economic events and policies.

Theme 1: Markets, consumers and firms

Scarcity, choice and potential conflicts. Enterprise, business and the economy. Introducing the market

Theme 2: The wider economic environment

Firms, consumers and elasticities of demand. The economic cycle. Introduction to macroeconomic policy

Theme 3: The Global Economy

Globalisation. Economic factors in business expansion. Impact of globalisation on global companies

Theme 4: Making markets work

Market failure across the economy. Macroeconomic policies and impact on firms and individuals

Entry Requirements:

5 GCSES 4-9 or A*-C to include Maths and English Lang or Lit Grade 5

Where can Economics take me?

Alongsider other A Levels, Economics can take you on to various degree courses. You could also enter apprenticeships such as those in Banking, Retailing or Accountancy. Almost half of all Economics Graduates end up in careers in Finance or Business. Banks recruit many economists, as do the civil service and insurance firms.

Assessment