You will investigate microeconomic topics such as how individual decisions impact economic outcomes, the importance of competition, how markets operate and why they fail and how the distribution of income and wealth is affected. At the same time you will learn about macroeconomics, looking at the ‘big picture’ of how our national economy fits into the global context, the global impact of financial markets and monetary policy and the operation of the international economy.
Minimum GCSE grade 6 or equivalent in Maths and English Language.
A-level Economics will benefit you if you are looking to go on to study economics, business or finance at university. The skills you acquire will help you no matter what degree course you choose.
AQA A-level Economics. This is a level 3 qualification.
Assessment is entirely by examination and consists of three written papers at the end of Year 13, each out of 80 marks. All papers carry an equal weighting and count towards a third of the overall grade.
Paper 1 – Markets and market failure is a 2 hour examination.
Paper 2 – National and International economy is a 2 hour examination.
Paper 3 – Economic principles and issues is a 2 hour examination.
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