Economics is an exciting course that delves into the reasons why everyone cannot just have everything. We call this scarcity and it means that individuals, firms, councils and governments have to make tough choices about how best we can use these scarce resources to meet our ever-expanding needs. It is the task of the economist to explain and analyse these choices facing economic agents such as consumers, firms or the government. We will look at how prices are determined and why inflation, GDP, unemployment and oil prices are often in the news due to the impact they can have.
You do not need to have previously studied Business at GCSE level. • You will need a grade 5 in GCSE Maths. • You will need a grade 4 in English Literature or Language. This can be studied alongside Business Studies A Level, although there will be some overlap.
At the end of 2 years, there are 3 examinations (no coursework). Each is 2 hours long. Question types include multiple choice questions, short answer questions to longer data response and essay questions. • Paper 1: Markets and Market Failure 35% • Paper 2: National and Global economy 35% • Paper 3: Micro and Macro Economics 30%
About Education Provider
| Region | East of England |
| Local Authority | Hertfordshire |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Old Rectory Drive, Hatfield, AL10 8AB |
Economics is an exciting course that delves into the reasons why everyone cannot just have everything. We call this scarcity and it means that individuals, firms, councils and governments have to make tough choices about how best we can use these scarce resources to meet our ever-expanding needs. It is the task of the economist to explain and analyse these choices facing economic agents such as consumers, firms or the government. We will look at how prices are determined and why inflation, GDP, unemployment and oil prices are often in the news due to the impact they can have.
You do not need to have previously studied Business at GCSE level. • You will need a grade 5 in GCSE Maths. • You will need a grade 4 in English Literature or Language. This can be studied alongside Business Studies A Level, although there will be some overlap.
At the end of 2 years, there are 3 examinations (no coursework). Each is 2 hours long. Question types include multiple choice questions, short answer questions to longer data response and essay questions. • Paper 1: Markets and Market Failure 35% • Paper 2: National and Global economy 35% • Paper 3: Micro and Macro Economics 30%