Economics

COURSE DESCRIPTION

This traditionally popular subject provides a wide ranging analysis of the modern British and international economy.  Economics very much appeals to those students interested in current affairs and world political problems.  In addition, those students interested in business and finance will find this course extremely useful.  Both AS and A Level years look at micro and macroeconomics.  The study of Economics in today’s climate is very exciting and we make effective use of ICT facilities and resources.  Discussion of current economic issues forms an important part of the course.

 

COURSE CONTENT – OCR

  • Microeconomic theory
  • Theoretical working of the free market
  • Imperfections and market failures
  • Macroeconomy functions on a domestic and global level
  • Policy approaches
  • Changes in macroeconomics over time

 

EXAMINATIONS

Microeconomics- Paper 1 – 80 marks 2 hour written paper

Macroeconomics – Paper 2 – 80 marks 2 hour written paper

Themes in economics – Paper 3 – 80 marks 2 hour written paper

 

CAREER POSSIBILITIES

A Level Economics is a highly respected qualification and is welcomed by universities and employers alike.  Economics at university is very popular, both studied on its own, but also in combination with a large number of other subjects, including: History, Politics, Geography, Mathematics, Business and Accounting.  Economics can lead to careers in the private sector in Business Management, Accounting, and Marketing.  It can also lead to careers across the public sector, in Education, the NHS and in national and local government.

 

GCSE GRADE PROFILE

Students studying Economics at this level should have 9 to 5 grades in a range of subjects at GCSE.  In order to cope with the essay writing needed for the A Level papers, students would normally be expected to have Grade 5 in English, and to manage with the use of diagrams, a Grade 5 in Mathematics.