A Level Economics
Economics is everywhere! It is a study of how we as human beings make choices with our limited resources. Just turn on the news any day of the week and you’re guaranteed to see Economics in action. We look at why individuals, firms, governments and global organisations make certain decisions with scarce resources. Economics is a social science and is regarded as a “preferred subject” by Russell Group Universities.
You must meet the College entry requirements for an A level course of at least five GCSEs A* – C grade (inclusive of English and Maths).
Supply, demand, prices, interest rates, inflation, unemployment, exchange rates, taxation, money creation, the European Union and migration are just some of the topics we cover. We also look at how industries function as markets and how you and I decide how to spend our money and our time.
You will study the theories behind the issues and, more importantly, you will debate the reasons behind our current economic situation and search for workable solutions. We will be applying theories to existing social, economic and political scenarios, so keeping up to date with current affairs is essential.
The College now follows the new linear A-Level OCR syllabus. New topics will be covered and there will be an increased emphasis on mathematical applications and calculations.
You will learn how to:
Develop an understanding of economic concepts and theories through a critical consideration of current economic issues and problems that affect everyday life.
Apply economic concepts and theories in a range of contexts and to appreciate their value and limitations in explaining real-world phenomena.
Analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.
Participate effectively in society as a citizen, producer and consumer.
The units studied in year one are:
– Markets in Action
– The National & International Economy
The units studied in year two are:
– Economics of Work & Leisure
– The Global Economy
You will be assessed by three two-hour written examinations sat in the second year.
Upon successful completion of the A level course you will be awarded an A level in Economics which attracts the usual level of UCAS points.
Students have progressed to Higher Education to complete degrees in Economics, Actuarial Science, Business, Mathematics and Law. Options for progression also include apprenticeships or employment in a relevant industry.
If you are aged 19 or over on 31st August in the year you start your course you should contact Admissions as fees may apply for this course. Where fees apply you may be entitled to apply for the Advanced Learner Loan.
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