A Level Economics
A wide-ranging subject, highly regarded by employers and universities which relates to real-life situations and complements other subjects. You will study micro and macro-economic issues affecting the world around us, learning to apply economic theories and understand key interrelationships.
TOP COURSE HIGHLIGHTS
- Highly regarded by universities
- High profile speaker
- Virtual work placement opportunities
- Highly regarded by employers
link your learning to real scenarios
Learn about key economic theory and concepts and apply them to real world situations.
highly transferable skills
Contemporary focused subject which focuses on developing highly transferable skills.
wider reading and research
Develop an awareness of economic policies and trends in the global economy through wider reading and research projects in Year 2. This is a real opportunity to learn about specific economic issues in significant depth, developing invaluable research skills which will be beneficial for future academic and professional routes.
WHY CHOOSE THIS COURSE?
Want to know about the cost-of-living crisis? Interested in how governments use economic policy to respond to climate change? Curious about the long-term economic impact of Brexit? If so, then this is the subject to study! Economics encompasses every aspect of our lives, linking historical economic events to current and future problems.
It develops an understanding of the world around us that is as valuable as it is interesting. Whether it is solving global inequality and poverty or considering how fiscal and monetary policy can stimulate economic growth, the subject looks to embrace real world issues.
Economics has connections to many other subjects such as Politics, Geography, History, Business, Psychology and Statistics and is highly valued by universities.
WHAT WILL I LEARN?
In year one the course explores the nature of markets and their role in allocating resources in a modern economy. The central role of the government and market failure are also investigated.
Next, you will examine the performance of the UK economy, levels of macroeconomic activity and how they are determined and managed using national and international indicators and policies.
In year two the focus is on the labour market and business structures. It also covers the role of the government in maximising economic performance.
Finally, the performance of the national and global economy is studied which gives both context and a framework for economic analysis in an integrated and globalised world.
WHERE WILL IT TAKE ME?
Career choices: Economist, Financial Consultant, Investment Analyst, Business Analyst and Actuary.
HE courses; Economics, PPE (Philosophy, Politics and Economics), Politics & International Development.
Paper 1 – Markets and business behaviour {Theme 1 and 3} – microeconomic content – worth 35% of the total qualification. The paper is broken down into three sections with Section A including multiple choice and short answer questions, Section B has one data response question broken down into a number of parts and Section C has a choice of extended open-response questions. Duration is 2 hours and 100 marks available.
Paper 2 – The national and global economy {Theme 2 and 4} – macroeconomic content, worth 35% of the total qualification. The paper is split into three sections in a similar format to Paper 1. Duration is 2 hours and 100 marks available.
Paper 3 – Microeconomics and macroeconomics {All 4 themes} worth 30% of the total qualification. The paper comprises two sections with each having a data response question broken down into several parts. Duration is 2 hours and 100 marks available.
Achievement in this subject is dependent upon excellent attendance, punctuality, and effort. Lectures will be a friendly, lively atmosphere, using a variety of assessment methods. Contribution to class debates and discussion is highly valued and encouraged.
Regular written assessments will be conducted either as homework or under timed conditions in class and detailed feedback is given to enhance progress. We also run mock examinations in each paper in advance of the final examinations and review student performance in 1:1 sessions with tutors.
Study on this course requires a minimum of 5 GCSEs at Grade 4 or above, to include English and Maths at Grade 5 or above.
We encourage all students to read widely and conduct their own research into Economics. A wide variety of electronic resource material is available as well as a well-stocked Learning Centre.
Contacts: nigelcarr@truro-penwith.ac.uk
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