WHY SHOULD I STUDY A LEVEL ECONOMICS? Most students choose to study Economics, at least in part, because they want to understand better how our society works, and how businesses are run and to have a further understanding of current affairs. We aim to develop your knowledge of the many different issues facing households, governments, firms, and consumers and the theories, which underlie explanations of their decision-making. In recent years we have experienced great upheavals in the way our world works such as global warming, the global financial crisis, Brexit, and the Covid COVID-19 pandemic. It has never been more important to understand clearly how all our lives are shaped by the decisions on how we make use of the relatively scarce resources of the planet. Students will apply economic theories and concepts to current issues such as austerity, financial markets, global warming, globalization, the UK’s productivity gap, the growing inequality in modern economies, and Brexit (the impact on the UK economy of leaving the European Union). COURSE CONTENT The Eduqas course involves understanding the theories and models that underpin economic thinking; developing a ‘toolkit’ of economic concepts, and then applying these to a wide range of contemporary issues and practical problems. The A Level course is divided into three discrete areas of study: • Microeconomics: involves scarcity and choice, markets (demand & supply), theory of the firm, resource allocation and market failure. • Macroeconomics: involves indicators of macroeconomic performance, government objectives, aggregate demand and aggregate supply, policy instruments and their limitations. • Global Economics: involves international trade, international competitiveness, the balance of payments, the EU, globalisation, the role of multinational companies and economic development. Economics requires some ability in interpreting statistical data, graphs and diagrams. 20% of the A Level assessment will test these quantitative skills. Economics students also need to have strong written skills as the main assessment method is through essays.
At least 5 GCSE subjects at grade 4 - 9. Grade 5 GCSE Mathematics AND Grade 5 GCSE English Language or English Literature AND Grade 5 In at least one other predominantly written based GCSE subject (from English Language, English Literature, History, Religious Studies or Sociology).
A Level of Economics is assessed by three examinations: 1. Economic Principles: 30% of marks (multi-choice and short answer questions). 2. Exploring Economic Behaviour: 30% of marks (data response questions). 3. Evaluating Economic Models and Policies: 40% of marks (essays).
About Education Provider
| Region | East of England |
| Local Authority | Essex |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | North Hill, Colchester, CO1 1SN |
WHY SHOULD I STUDY A LEVEL ECONOMICS? Most students choose to study Economics, at least in part, because they want to understand better how our society works, and how businesses are run and to have a further understanding of current affairs. We aim to develop your knowledge of the many different issues facing households, governments, firms, and consumers and the theories, which underlie explanations of their decision-making. In recent years we have experienced great upheavals in the way our world works such as global warming, the global financial crisis, Brexit, and the Covid COVID-19 pandemic. It has never been more important to understand clearly how all our lives are shaped by the decisions on how we make use of the relatively scarce resources of the planet. Students will apply economic theories and concepts to current issues such as austerity, financial markets, global warming, globalization, the UK’s productivity gap, the growing inequality in modern economies, and Brexit (the impact on the UK economy of leaving the European Union). COURSE CONTENT The Eduqas course involves understanding the theories and models that underpin economic thinking; developing a ‘toolkit’ of economic concepts, and then applying these to a wide range of contemporary issues and practical problems. The A Level course is divided into three discrete areas of study: • Microeconomics: involves scarcity and choice, markets (demand & supply), theory of the firm, resource allocation and market failure. • Macroeconomics: involves indicators of macroeconomic performance, government objectives, aggregate demand and aggregate supply, policy instruments and their limitations. • Global Economics: involves international trade, international competitiveness, the balance of payments, the EU, globalisation, the role of multinational companies and economic development. Economics requires some ability in interpreting statistical data, graphs and diagrams. 20% of the A Level assessment will test these quantitative skills. Economics students also need to have strong written skills as the main assessment method is through essays.
At least 5 GCSE subjects at grade 4 - 9. Grade 5 GCSE Mathematics AND Grade 5 GCSE English Language or English Literature AND Grade 5 In at least one other predominantly written based GCSE subject (from English Language, English Literature, History, Religious Studies or Sociology).
A Level of Economics is assessed by three examinations: 1. Economic Principles: 30% of marks (multi-choice and short answer questions). 2. Exploring Economic Behaviour: 30% of marks (data response questions). 3. Evaluating Economic Models and Policies: 40% of marks (essays).