This course is offered as a two year qualification. With the current state of world economics and the impact it is having on individuals, businesses and whole countries you would be foolish not to give a great deal of consideration to having this as one of your A-Level options. Economics is a high quality, interactive ‘real’ subject – you do it in lessons and then watch it happen on television such as the current debate on trade and Brexit and spending policy decisions made by Government. This is an interesting and enjoyable subject in which students consistently achieve success.
You can access degrees offered by universities – Economics and other business related courses. It also gives you an underpinning knowledge of the economic environment you live in, supporting any profession you pursue. It is a highly regarded qualification by universities and employers.
Visit to the Jaguar Production Plant at Castle Bromwich to look at the production and financial aspects of producing a fleet of cars. All students will be offered extra support and guidance to ensure all learning and progress is supported. The department offers the opportunity to participate in a real money investment scheme competition with skills of data understanding and decision making used.
5 GCSEs 9 – 5 including Mathematics. Grade 6 in English.
• Part 1: The Operation of Markets and Market Failure (Micro Economics)
• Part 2: The National Economy in a global context (Macro Economics)
• Part 3: Individuals, firms, markets and market failure (Micro Economics)
• Part 4: The national and international economy (Macro Economics)
Parts 1 and 3 look in detail at individual decisions making, pricing, production, competition, income distribution and government intervention. Parts 2 and 4 considers how to measure macro economic performance, how the economy works, economic performance, government policies and the international economy.
The Examination Board for this course is AQA.
All units are examined. There are three papers:
• Paper 1: Markets and market failure (Micro) (33.33%)
• Paper 2: National and international economy (Macro) (33.33%)
• Paper 3: Economic principles and issues (Multi-choice & Case study questions) (33.33%)