Economics

C6th 055Subject Introduction

Economics is the study of local, national and international markets. Studying economics will help you to develop a range of skills, including analytical and problem solving skills, numerical and computing skills, communication skills, political awareness and team working skills.

In order to study Economics, students must have a Grade 6 or above in Mathematics and English.

The curriculum

Year 12

Theme 1

  • Introduction to markets and Market Failure
  • The nature of demand, supply, price elasticity, the labour market, economic efficiency, market failure, indirect taxes, subsidies and government failure

Theme 2

  • The UK Economy – performance and policies
  • Economic growth and welfare, employment and unemployment, inflation, investment, aggregate demand and supply, fiscal and monetary policy

Year 13

Theme 3

  • Business Behaviour and the Labour market
  • Costs, revenues, profit, market structure, monopoly, monopsony, oligopoly, welfare economics, public versus private sector provision

Theme 4

  • A Global perspective
  • Macroeconomics and government policy, spending, monetary policy, globalisation, world trade, monetary union, ,balance of payments, third world trade, population, migration and the environment

Assessment

Paper 1: Markets and Business behaviour                          

Paper 2: The National and Global Economy                        

Paper 3: Microeconomics and Macro economics

ENRICHMENT & EXTRA-CURRICULAR       

Access to newspapers, media reports, and economic websites will be of immense value to deepen understanding and sharpen awareness of the current national & global economic environment, and the measures various governments employ to address economic needs.    

Life After Christ's

The study of Economics A Level is ideal preparation for a degree and/or career specifically in Economics.

It is also highly beneficial for any related field of work in finance, business, politics and government.

 

  • 06:27 PM - 17th April, 2018 Celebrating more success today as we recognised the achievement of our National 🏴󠁧󠁢󠁥󠁮󠁧󠁿 u14 Basketball 🏀 Champions. They look suitably thrilled to be up in front of the whole school! Read more
  • 06:24 PM - 17th April, 2018 Starting the summer term with some success. Celebrating the achievement of our UK Maths Challenge Bronze, Silver and Gold award winners. Some in the top 1% nationally! Read more
  • 10:02 AM - 1st April, 2018 Happy Easter to everyone involved with our school and in the local community. Very proud of some of our pupils who have been enacting values from the Easter story by completing charity work with senior citizens.