Theme 1 – Introduction to Markets and Market Failure This theme focuses on microeconomic concepts, which look at how markets work. Students will develop an understanding of: Nature of Economics, How Markets Work, Market Failure and Government Intervention. Theme 2 – The UK Economy – Performance and Policies This theme focuses on macroeconomic concepts. Students will develop an understanding of: Measures of Economic Performance, Aggregate Demand, Aggregate Supply, National Income, Economic Growth and Macroeconomic Objectives and Policy. Theme 3 – Business Behaviour and the Labour Market This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. Students will develop an understanding of: Business Growth, Business Objectives, Revenues, Costs and Profits, Market Structures, the Labour Market and Government Intervention. Theme 4 – A Global Perspective This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of: International Economics, Poverty and Inequality, Emerging and Developing Economies, The Financial Sector and Role of The State in the Macroeconomy.
Grade 6 in GCSE Maths and English. An interest in current affairs is essential. Students who do not meet the criteria may be considered on a case by case basis.
This qualification is linear; students will sit all exams at the end of their two-year course. 100% Examination – Three exams.
About Education Provider
| Region | West Midlands |
| Local Authority | Staffordshire |
| Ofsted Rating | Outstanding |
| Gender Type | Co-Educational |
| Address | Dunstall Road, Barton-under-Needwood, Burton-on-Trent, DE13 8AZ |
Theme 1 – Introduction to Markets and Market Failure This theme focuses on microeconomic concepts, which look at how markets work. Students will develop an understanding of: Nature of Economics, How Markets Work, Market Failure and Government Intervention. Theme 2 – The UK Economy – Performance and Policies This theme focuses on macroeconomic concepts. Students will develop an understanding of: Measures of Economic Performance, Aggregate Demand, Aggregate Supply, National Income, Economic Growth and Macroeconomic Objectives and Policy. Theme 3 – Business Behaviour and the Labour Market This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. Students will develop an understanding of: Business Growth, Business Objectives, Revenues, Costs and Profits, Market Structures, the Labour Market and Government Intervention. Theme 4 – A Global Perspective This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of: International Economics, Poverty and Inequality, Emerging and Developing Economies, The Financial Sector and Role of The State in the Macroeconomy.
Grade 6 in GCSE Maths and English. An interest in current affairs is essential. Students who do not meet the criteria may be considered on a case by case basis.
This qualification is linear; students will sit all exams at the end of their two-year course. 100% Examination – Three exams.