Component 1 - Markets and Market Failure Pupils will consider how markets work, looking at how supply and demand interact to allocate resources in local, national and international markets, applying supply and demand analysis to real-world situations and offering explanations of consumer behaviour. This will involve considering how consumers act in a rational way to maximise satisfaction and how firms maximise profit, but also why consumers may not behave rationally. Having investigated how markets work, pupils will then look at market failures, such as those toward the environment, before considering the strengths and weaknesses of possible government intervention to remedy market failures. Pupils will then go on to consider price determination in a competitive market, looking at production, costs and revenue. They will also consider perfect competition, imperfectly competitive markets and monopolies as well as a look at the labour market including the distribution of income and wealth with a focus on poverty and inequality. Component 2 - The National and International Economy Pupils will be introduced to the aggregate demand/ aggregate supply model so that they can use it to analyse changes in real output and the price level. They will examine the use of policy tools such as interest rates and austerity measures, predict the likely impact and effectiveness of such policies, and consider these in a historical context. Pupils will consider the different approaches, such as the pandemic, unemployment and government debt and be able to identify the criteria for success. Pupils will be expected to understand the significance of globalisation, international trade, the balance of payments and exchange rates. They will examine public finance, macroeconomic policies and the role of the financial sector in a global context. Pupils will consider the factors influencing the growth and development of emerging and developing countries. Component 3 - Economic Principles and Issues No additional content from that covered in Components 1 and 2 used by policymakers to address macroeconomic issues
To begin our Sixth Form programme you need to have achieved at least 59 points from your nine best (I)GCSEs. The following tariff explains the points system: 9 - 8 points 8 - 8 points 7 - 7 points 6 - 6 points 5 - 5 points 4 -4 points 3 -3 points Grade 7 in (I)GCSE English Language and grade 7 in (I)GCSE Mathematics
Components 1 and 2 Components 1 and 2 are assessed through two 2-hour written papers, each worth 33.3% of the total A-level marks (80 marks each). Section A: One data response question from a choice of two, each one containing four parts (40 marks in total). Section B: One essay question from a choice of three, each with two parts (40 marks in total) Component 3 Component 3 is assessed through a 2-hour written paper worth 33.3% of the total A-level marks (80 marks). Section A: 30 multiple choice questions (30 marks in total) Section B: One case study question with three parts (50 marks in total)
About Education Provider
| Region | London |
| Local Authority | Wandsworth |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | View Report |
| Boarding Fee | Unknown |
| Sixth Form Fee | £21,570 - £26,805 |
| Address | Clarence Lane, Roehampton, London, SW15 5PY |
Component 1 - Markets and Market Failure Pupils will consider how markets work, looking at how supply and demand interact to allocate resources in local, national and international markets, applying supply and demand analysis to real-world situations and offering explanations of consumer behaviour. This will involve considering how consumers act in a rational way to maximise satisfaction and how firms maximise profit, but also why consumers may not behave rationally. Having investigated how markets work, pupils will then look at market failures, such as those toward the environment, before considering the strengths and weaknesses of possible government intervention to remedy market failures. Pupils will then go on to consider price determination in a competitive market, looking at production, costs and revenue. They will also consider perfect competition, imperfectly competitive markets and monopolies as well as a look at the labour market including the distribution of income and wealth with a focus on poverty and inequality. Component 2 - The National and International Economy Pupils will be introduced to the aggregate demand/ aggregate supply model so that they can use it to analyse changes in real output and the price level. They will examine the use of policy tools such as interest rates and austerity measures, predict the likely impact and effectiveness of such policies, and consider these in a historical context. Pupils will consider the different approaches, such as the pandemic, unemployment and government debt and be able to identify the criteria for success. Pupils will be expected to understand the significance of globalisation, international trade, the balance of payments and exchange rates. They will examine public finance, macroeconomic policies and the role of the financial sector in a global context. Pupils will consider the factors influencing the growth and development of emerging and developing countries. Component 3 - Economic Principles and Issues No additional content from that covered in Components 1 and 2 used by policymakers to address macroeconomic issues
To begin our Sixth Form programme you need to have achieved at least 59 points from your nine best (I)GCSEs. The following tariff explains the points system: 9 - 8 points 8 - 8 points 7 - 7 points 6 - 6 points 5 - 5 points 4 -4 points 3 -3 points Grade 7 in (I)GCSE English Language and grade 7 in (I)GCSE Mathematics
Components 1 and 2 Components 1 and 2 are assessed through two 2-hour written papers, each worth 33.3% of the total A-level marks (80 marks each). Section A: One data response question from a choice of two, each one containing four parts (40 marks in total). Section B: One essay question from a choice of three, each with two parts (40 marks in total) Component 3 Component 3 is assessed through a 2-hour written paper worth 33.3% of the total A-level marks (80 marks). Section A: 30 multiple choice questions (30 marks in total) Section B: One case study question with three parts (50 marks in total)