A Level Economics is ideal for anyone who wishes to develop an understanding of the dynamics between consumers, firms and the government in a real world environment. Key economic principles and the links between microeconomics and macroeconomics will be discovered alongside government policy and national as well as international economic performance. Develop your skills in lateral thinking, analysis and problem-solving skills. Economics can be studied alone or alongside a range of other subjects at university, including finance, politics, business and international studies.  

The course is split between micro and macroeconomics and will be of interest to anyone who wants to understand human behaviour and (ir)rational thinking of individuals and firms in the context of the economy. Micro build models of firm and individual behaviour and investigate how economies work and why governments intervene in markets. This informs macroeconomics and gives you an overview of the world around you and the impact governments and firms make to everyday life. 

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Economic A Level Topics include:

• The economic problem and economic methodology
• Price determination in a competitive market
• Production, costs and revenue
• The distribution of income and wealth: poverty and inequality
• Market mechanism, market failure and government intervention in markets
• The measurement of macroeconomic performance
• How the macroeconomy works
• Economic performance
• Financial markets and monetary policy

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Entry Requirements
You need five GCSEs in the 9 to 5 range including English and Maths. You may find these subjects challenging if you achieve lower than a 5 in maths.

Assessment Methods
You will be assessed through written examinations, with regular internal assessment taking place as the course unfolds. Your final A Level exam will be made up of three exam papers covering the entire programme at the end of year two.

Progression Options
Economics is a highly regarded A Level, and sits well alongside other humanities and science based subjects. In recent times students gained entry into some of the top UK universities such as, Oxford/Cambridge, Manchester, Bristol, Cardiff and Exeter. Many students have gained unconditional offers when presenting this subject and their UCAS forms. Students studied a range of undergraduate qualifications including finance, banking, law, economics and a wide range of business led subjects.

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“Economics gives you a wide range of skills to use in later life, from the knowledge of managing your own business to sustaining your money supply and becoming more efficient with your spending.”

KIERAN PILE
A Levels (English Literature & Language, Computer Science & Economics)