Our approach to Economics is to apply economic theory to support analysis of current economic problems and issues, and encourage students to appreciate the interrelationships between microeconomics and macroeconomics. Microeconomics: the economic problem and economic methodology; individual economic decision making; price determination in a competitive market; production, costs and revenue; perfect competition, imperfectly competitive markets and monopoly; the labour market; the distribution of income and wealth: poverty and inequality; the market mechanism, market failure and government intervention in markets. Macroeconomics: the measurement of macroeconomic performance; how the macro economy works; economic performance; financial markets and monetary policy; fiscal policy and supply-side policies; the international economy.
Students need a Grade 7 in both GCSE Mathematics and English Language.
At the end of the two year course, you will sit three two hour written exams and each exam will be worth one third of the overall mark. Paper one will cover markets and market failure, paper two will cover the national and international economy and paper three will draw on material from the whole course. The papers will feature a range of question styles including multiple choice questions; short answer questions; essay questions; data response questions; case studies.
About Education Provider
| Region | West Midlands |
| Local Authority | Birmingham |
| Ofsted Rating | |
| Gender Type | Girls |
| ISI Report | View Report |
| Boarding Fee | Unknown |
| Sixth Form Fee | £15,501 - £15,750 |
| Address | Westbourne Road, Edgbaston, Birmingham, B15 3TS |
Our approach to Economics is to apply economic theory to support analysis of current economic problems and issues, and encourage students to appreciate the interrelationships between microeconomics and macroeconomics. Microeconomics: the economic problem and economic methodology; individual economic decision making; price determination in a competitive market; production, costs and revenue; perfect competition, imperfectly competitive markets and monopoly; the labour market; the distribution of income and wealth: poverty and inequality; the market mechanism, market failure and government intervention in markets. Macroeconomics: the measurement of macroeconomic performance; how the macro economy works; economic performance; financial markets and monetary policy; fiscal policy and supply-side policies; the international economy.
Students need a Grade 7 in both GCSE Mathematics and English Language.
At the end of the two year course, you will sit three two hour written exams and each exam will be worth one third of the overall mark. Paper one will cover markets and market failure, paper two will cover the national and international economy and paper three will draw on material from the whole course. The papers will feature a range of question styles including multiple choice questions; short answer questions; essay questions; data response questions; case studies.