Economics

Course summary

A Level Economics is structured around four themes assessed by three external exams. Students begin by considering how core microeconomic and macroeconomic concepts (demand and supply, resource scarcity, etc.) are applied in everyday life. Using these concepts, you will investigate the causes and effects of inflation, unemployment, globalisation, poverty, etc. along with the negative ways that economic activity can impact on the environment (and the ways in which these can be lessened). Breadth and depth of knowledge and understanding of more complex concepts and models are developed in year 13. In both years, students develop an awareness of current economic events and government policies.