Economics

Assessment

In year 12 students study the following themes: Introduction to markets and market failure The UK economy - performance and policies. In year 12 students take three externally marked 2-hour examinations. Papers have compulsory multiple-choice and short-answer questions; a data response question; and a choice of extended open-response essay questions Paper 1: Markets and business behavior Paper 2: The national and global economy Paper 3: Microeconomics and macroeconomics