Is this course for me?
If you choose to study A Level Economics you will look at the production, consumption and sale of goods and services. You will also compare alternative ways of using the limited resources that countries and individuals possess and consider how efficient and/or fair such alternatives are. Behind these alternatives lies the fundamental economic problem – scarce resources and infinite wants.
What will I learn?
Introduction to Markets and Market Failure
Consider questions such as: who sets prices for cars? Why are footballers paid more than nurses? Are some supermarkets too powerful? What happens when markets go wrong?
The National and Global Economy
Investigate national and international issues such as who caused the global recession, how countries like the UK get into debt and why investing in young people’s education is key.
Business Behaviour and the Labour Market
Looks at the activities of firms and their actions when part of different market structures with specific focus on how their economic output affects their efficiency.
A Global Perspective
Focuses on globalisation, international trade, development and sustainability. Why are some countries less developed than others?
You should have an outside interest in current economic affairs. You will watch the news on a regular basis and have an interest in how current economic issues such as BREXIT causes and changes interest rates.
Specific entry requirements: Standard A Level entry criteria, including grade 5 in GCSE Mathematics and English Language.
This course is suitable for those students who wish to pursue careers in areas such as business, finance, social studies and politics.