Economics Summary

A-level Economics enables students to develop an awareness and understanding of the economic forces that shape our lives. Studying Economics involves debating issues such as; globalisation, inequality and the Global Financial Crisis. Understanding the role of Economics in government and international organisations shows how this subject is a powerful social science, informed by national and international trends.

In Theme 1 you will learn about how markets work and
what happens when they don’t work so well. You will also learn about enterprise in the economy.

In Theme 2, you will consider the role of banks and life in a global economy. In Theme 3 you will learn about globalisation and global issues impacting on the economy. In Theme 4 you will learn about financial markets and investigate the Global Financial Crisis.

Entry Requirements

  • 5 x grade 5 or above (including GCSE Maths and English Language)

Course Duration

2 years full-time

Specification

Edexcel (Economics B)

How you will study

You will study how to interpret and handle data related to the financial world. You will also be taught how to compose analytical and evaluative prose when studying the economic issues across the globe. Economics is taught by using verbal reasoning as well as embedding structural support for written work. 

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Component breakdown

For A level you will study all four themes and will sit three exams at the end of your course: 

Paper 1 has data response and essay questions on markets, consumers and firms and how markets work  

Paper 2 has data response and essay questions on competing in the global economy  

Paper 3 the data response and essay questions ask you to see how it all fits together. You will have a research task before the exam. The questions in the exam are linked to the context you will research. 

Careers and Destinations

Economics prepares you for progression to further study or the world of work. 

You will have developed data handling and writing skills which are transferable to both university and employment. You might want to study a degree in economics, business economics, econometrics, international business or a business and management degree. You might progress to a career in banking, commerce, the civil service, product management or general management  

Related courses

Maths
Business Studies
Geography