A-Level

Economics

Economics

Entry Criteria

English GCSE

Grade 6

Maths GCSE

Grade 6

Careers

Studying Economics is evergreen with career opportunities in a variety of sectors which has not really changed overtime. A career in Economics or as an economist can involve a variety of sectors for example banking sector, trade, commerce, insurance, and other areas. Career options in Economics include jobs like economist, financial risk analyst, accountant, investment analyst, financial consultant, data analyst, teaching profession, government departments, banking, services within the public sector, banking services in private and foreign banks, entrepreneurship, etc. 

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Course ID
Edexcel 9EC0
Faculty
Social Sciences
Department
Economics
Level
A-Level
Head of Faculty
B. Smith-Appollis
Head of Department
B. Smith
Availability
Currently Studied, Offered Next Academic Year (subject to enrolment numbers)
Economics

Course Overview

Step into the captivating world of Economics with our A-Level course, where you’ll explore and decode the mysteries behind the real-world issues that impact our lives every day. From understanding why prices rise and fall, to uncovering how global events affect our economy, this course will equip you with insights that go far beyond the classroom.

In the first year, you’ll explore two main areas: microeconomics and macroeconomics. Microeconomics digs into questions like, Why are house prices so high? Can pollution be controlled? and When and why should governments step in to regulate markets? You’ll start to understand the forces behind everyday issues and the impact of individual choices on the world around us.

In macroeconomics, you’ll tackle big-picture topics: Why does the government care about inflation, and how does it impact us? What happens to the economy if people suddenly spend more? How do China and India’s growing economies affect us here in the UK? And What does Brexit mean for the UK, Europe, and beyond? These questions are just the beginning of an exciting journey that makes you think critically about how the world works.

By the second year, you will look deeper, building an advanced understanding of economic theories and models. You will examine how the global economy influences the UK, exploring the impacts of globalisation, the interplay of companies in markets, and how various economic goals can affect the fairness and effectiveness of markets worldwide.

Course Content

Year 12

Term Unit of Work Assessment
Autumn 1 Economics as a social science, positive and normative economic statements, The economic problem, production possibility frontiers, specialisation and division of labour, demand and supply, price determination. Macroeconomic objectives (economic growth, inflation and balance of payments). Microeconomics essay 10 marks.
Microeconomics – mini mock 40 marks.
Macroeconomic topic test.
Macroeconomics 20 mark essay.
Autumn 2 Demand elasticities, elasticity of supply, consumer and producer surplus, market failure (positive and negative externalities). Employment, other macroeconomic objectives and characteristics of AD. Microeconomics – 15 mark examination question.
Microeconomics mini mock 40 marks.
Macroeconomics 20 mark essay.
Spring 1 Market Failure (public goods and information gaps), Government Intervention. Aggregate supply, circular flow of income and trade cycle. Microeconomics 20 mark essay.
Macroeconomics 20 mark essay.
Macroeconomics mock exam – faculty based.
Research task – demand side responses to financial crisis and the great depression.
Spring 2 Government Failure. Revision of Year 12 content covered.
Demand side policies and supply side policies.
Microeconomics mini-mock class based.
Macroeconomics class test.
Summer 1 Labour Market – Year 13 topic.
International Economics – Year 13 topic.
Microeconomics Paper 1 full mock examination.
Macroeconomics Paper 2 full mock examination.
Summer 2 Labour Market – Year 13 topic.
International Economics – Year 13 topic.
Labour market 25 mark essay.
Labour market 25 mark essay over summer holidays.
International Economics research topic.

 

Year 13

Term Unit of Work Assessment
Autumn 1 Business growth, business objectives, revenue, cost and profits. 10-mark microeconomics examination question.
15-mark microeconomics examination question.
Autumn 2 Market structures. 25-mark microeconomics essay.
Spring 1 Market structures continued, Government intervention. Microeconomics Paper 1 Mock Examination.
Macroeconomics Paper 2 Mock Examination.
Spring 2 Revision of AS and A2 Microeconomics.
Revision of AS and A2 Macroeconomics.
Macro and microeconomics Paper 3 mock examination.
Microeconomics Paper 1 mock examination.
Macroeconomics Paper 2 mock examination.
Summer 1 Revision of AS and A2 Microeconomics.
Revision of AS and A2 Macroeconomics.
Micro and Macro economics paper 3 mock examination.
Summer 2 ‘A’ Level Examination. ‘A’ Level Examination.

 

Extended Learning

Year 12

Websites Read Visit or Watch Extra
EconplusDal; Tutor2u. Economics in One Lesson (Henry Hazlitt); What is Seen and What is Not Seen, an essay (Frederic Bastiat); The Undercover Economist (Tim Harford); Freakonomics (Stev Steven D. Levitt, Stephen J. Dubner); Too Big To Fail (Andrew Ross Sorkin); Dead Aid (Dambisa Moyo); Economics for Dummies (Sean Masaki Flynn); The Armchair Economist (Landsburg); Trouble with Markets (Roger Bootle); An introduction to economics in 5000 words and a bit (keweipress.com) EconplusDal Economics Society run by the students for the students. Trip to New York. Possible trip to Brussels.

 

Year 13

Websites Read Visit or Watch Extra
EconplusDal; Tutor2u. Economics in One Lesson (Henry Hazlitt); What is Seen and What is Not Seen, an essay (Frederic Bastiat); The Undercover Economist (Tim Harford); Freakonomics (Stev Steven D. Levitt, Stephen J. Dubner); Too Big To Fail (Andrew Ross Sorkin); Dead Aid (Dambisa Moyo); Economics for Dummies (Sean Masaki Flynn); The Armchair Economist (Landsburg); Trouble with Markets (Roger Bootle); An introduction to economics in 5000 words and a bit (keweipress.com) EconplusDal Economics Society run by the students for the students. Trip to New York. Possible trip to Brussels.