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Business And Management

A level Economics

QUALIFICATION AS / A2

EXAMINATION BOARD WJEC

COURSE DESCRIPTION The course comprises micro and macro economics. Both are studied across the two years, over four modules. The micro course looks at the behaviour of individuals and firms in making economic decisions. You will examine the role and structure of markets, the role of firms, and regulation to prevent the exploitation of consumers. You will also look at the role of government and the policies used to achieve the macroeconomic objectives of economic growth, low inflation, low unemployment and a balance of payments.

AS/A2 UNITS Develop an interest and enthusiasm for economics and its contribution to the wider economic and social environment

 
Develop an understanding of a range of concepts and acquire an ability to use these concepts in a variety of different contexts

Develop an enquiring, critical and thoughtful ‘economist’s mind’

Practice skills, qualities and attitudes which will equip them for the challenges, opportunities and responsibilities of adult and working life.

 Develop an understanding of current economic issues, problems and institutions that affect everyday life

 Apply economic concepts and theories in a range of contexts and appreciate their value and limitations in explaining real world phenomena

 Analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.

The first year of the AS course covers topics such as:

 Unit 1: Markets and market failure

 Unit 2: The national economy.

The second year completes the

A’ level with topics such as:

 
Unit 3: Business economics and the distribution of income

 Unit 4: The national and international economy.

 

ASSESSMENT
Unit 1: 50% of AS, 25% of A level

 1 hour 15 minutes examination
75 marks

 
Unit 2: 50% of AS, 25% of A level

 1 hour 15 minutes examination
75 marks

 
Unit 3: 25% of A level 2 hour examination 80 marks

 
Unit 4: 25% of A level 2 hour examination 80 marks

Entry 5 GCSEs at grades A* to C including English language and maths or equivalent.

PROGRESSION Successful completion of the economics A level will see students progress to a wide variety of destinations including higher education. Economics is a versatile subject that can lead to a number of different career paths like marketing, law, journalism or teaching

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Course Length:

2 Years


Course Levels:

3



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