Economics teaches students to think logically and to use theories to understand how economies operate. The basic economic problem, of how we divide up scarce resources and how decisions about how best to do this affect us all, is at the core of the subject – in other words who gets what and why? The subject, therefore, studies all of society and the activities of various groups and institutions within it, including consumers, firms and the government. This involves studying how markets allocate scarce resources, the effects of competition and government intervention. The macroeconomic part of the course is what most people associate with economics. This includes the study of economic growth, inflation, unemployment and international trade and the difficulties the government faces when it attempts to steer the economy towards a particular economic objective.
Students are expected to take an interest in current affairs, to want to learn about why the economy works in the way it does, debate issues, interpret evidence and be prepared to make their own judgements about relevant topics. A-level Economics is not mathematical as such but does require a good level of numeracy. For this reason candidates need to have achieved a grade 7 in GCSE Mathematics and English Language. The main skill that a good economist needs is the ability to analyse economic data, to interpret graphs and tables, identify trends and explain these using economic theory. The ability to see how one economic policy objective (e.g. low inflation) may affect other aspects of the economy (e.g. employment) is extremely important. Candidates need to have a clear mind, the ability to think and analyse logically and to be able to express themselves clearly in writing.
There are three externally assessed papers at A-level. Each paper comprises 100 marks and is 2 hours in duration. Questions comprise short answers, data responses and essays. Paper 1: Markets and business behaviour Questions drawn from Theme 1 and Theme 3. 100 marks, 2 hours 35% of qualification Section A: multiple-choice and short-answer questions. Section B: one data response question. Section C: one extended open response question (choice of one from two). Paper 2: The national and global economy Questions drawn from Theme 2 and Theme 4. 100 marks, 2 hours 35% of qualification Section A: multiple-choice and short-answer questions. Section B: one data response question. Section C: one extended open response question (choice of one from two). Paper 3: Microeconomics and macroeconomics Questions drawn from all themes 100 marks, 2 hours 30% of qualification Two data response questions broken down into a number of parts, each including one extended open response question (choice of one from two for extended open response questions).
About Education Provider
| Region | South East |
| Local Authority | West Sussex |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | View Report |
| Boarding Fee | £31,800 - £34,275 |
| Sixth Form Fee | £10,200 - £26,400 |
| Address | College Lane, Hurstpierpoint, Hassocks, BN6 9JS |
Economics teaches students to think logically and to use theories to understand how economies operate. The basic economic problem, of how we divide up scarce resources and how decisions about how best to do this affect us all, is at the core of the subject – in other words who gets what and why? The subject, therefore, studies all of society and the activities of various groups and institutions within it, including consumers, firms and the government. This involves studying how markets allocate scarce resources, the effects of competition and government intervention. The macroeconomic part of the course is what most people associate with economics. This includes the study of economic growth, inflation, unemployment and international trade and the difficulties the government faces when it attempts to steer the economy towards a particular economic objective.
Students are expected to take an interest in current affairs, to want to learn about why the economy works in the way it does, debate issues, interpret evidence and be prepared to make their own judgements about relevant topics. A-level Economics is not mathematical as such but does require a good level of numeracy. For this reason candidates need to have achieved a grade 7 in GCSE Mathematics and English Language. The main skill that a good economist needs is the ability to analyse economic data, to interpret graphs and tables, identify trends and explain these using economic theory. The ability to see how one economic policy objective (e.g. low inflation) may affect other aspects of the economy (e.g. employment) is extremely important. Candidates need to have a clear mind, the ability to think and analyse logically and to be able to express themselves clearly in writing.
There are three externally assessed papers at A-level. Each paper comprises 100 marks and is 2 hours in duration. Questions comprise short answers, data responses and essays. Paper 1: Markets and business behaviour Questions drawn from Theme 1 and Theme 3. 100 marks, 2 hours 35% of qualification Section A: multiple-choice and short-answer questions. Section B: one data response question. Section C: one extended open response question (choice of one from two). Paper 2: The national and global economy Questions drawn from Theme 2 and Theme 4. 100 marks, 2 hours 35% of qualification Section A: multiple-choice and short-answer questions. Section B: one data response question. Section C: one extended open response question (choice of one from two). Paper 3: Microeconomics and macroeconomics Questions drawn from all themes 100 marks, 2 hours 30% of qualification Two data response questions broken down into a number of parts, each including one extended open response question (choice of one from two for extended open response questions).