Economics

Course summary

The A Level course focuses on four main areas: • Markets and Market Failure – (looking at microeconomic concepts including decision making by consumers and firms, and how markets work and sometimes fail) • The UK Economy (looking at the macroeconomic concepts such as economic growth, unemployment and inflation, and government policies to influence these) • Business behaviour and the labour market • Global Perspectives (applying some of the macroeconomic concepts studied earlier but in a global context)