Economics

Assessment

Themes covered in Year 1: Theme 1: Introduction to markets and market failure (Micro) Theme 2: The UK economy – performance and policies (Macro, domestic) Themes covered in Year 2: Theme 3: Business behaviour and the labour market (Micro) Theme 4: A global perspective (Macro, international) Exam components: Paper 1: Markets and business behaviour (drawing on Themes 1 and 3). 2 hours Paper 2: The National and Global Economy (drawing on Themes 2 and 4). 2 hours Paper 3: Microeconomics and Macroeconomics (data response drawing on all Themes). 2 hours