Course information
Economics
Uckfield College - East Sussex
01825764844
Downsview Crescent, Uckfield, TN22 3DJ
Course summary

Economics is well respected and there are many job opportunities for Economics students. Economics is useful on a personal level because you learn a lot of skills and knowledge that you can apply to other jobs or your personal life. Learning about interest rates, exchange rates, economic indicators and equity markets can help you make better decisions about investing and obtaining mortgages. Year 1: Students develop knowledge and understanding of core economic models and concepts in the two themes. Students will need to apply this knowledge and understanding in both familiar and unfamiliar contexts in the assessment and demonstrate an awareness of current economic events and policies. Theme 1: Introduction to markets and market failure. This theme focuses on microeconomic concepts. Students will develop an understanding of the 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, macroeconomic objectives and policy. Year 2: Students build knowledge and understanding of core economic models and concepts in Themes 1 and 2, and then build on this and apply their knowledge to more complex concepts and models in Themes 3 and 4. Students will need to apply their knowledge and understanding to both familiar and unfamiliar contexts in the assessments and demonstrate an awareness of current economic events and policies. 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, labour markets 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 the role of the state in the macroeconomy.

Entry requirements

GCSE average grade requirements: 5.0+ An average of 5.5 QCA points, and at least a 5 in Maths and 5 in English.

How you'll be assessed

100% exam.

School Info

About Education Provider

RegionSouth East
Local AuthorityEast Sussex
Ofsted RatingGood
Gender TypeCo-Educational
AddressDownsview Crescent, Uckfield, TN22 3DJ