Economics

Exam Board: Edexcel
Entry Requirements: Grade 6 in English and grade 7 in maths

Theme 1 Introduction to Markets and Market Failure

• Nature of economics
• How Markets work
• Market failure
• Government intervention

Theme 2 The UK Economy

• Measures of economic performance
• Aggregate Demand
• Aggregate Supply
• National Income
• Economic Growth
• Macroeconomic objectives and policy

Theme 3 Business Behaviour and the labour market

• Business Growth
• Business objectives
• Revenue, costs and profits
• Market Structures
• Labour market
• Government intervention

Theme 4 A global perspective

• International economics
• Poverty and inequality
• Emerging and developing countries
• The financial sector
• Role of government in the macroeconomy

The A-Level consists of three 2-hour papers that will be sat at the end of year 13.

Are interested in studying a relatively quantitative subject that combines mathematical skills with real world applications.

An A-Level in economics will allow you to have access to a large range of different degree disciplines. Due to its quantitative nature, it lends itself well to a degree in economics, accounting, finance, geography or mathematics. The A-level also contains a large amount of evaluative and analytical skill as you study human behaviour. It also therefore leads nicely into degrees such as psychology, law, politics and other social sciences.

The Undercover Economist – Tim Harford

Freakonomics – Steven Levitt

Superfreakonomics – Steven Levitt