The aims of A Level Economics are to enable curious students to appreciate fully the economic world that surrounds them thereby allowing them to fully analyse and thoroughly evaluate a wide variety of economic ideas, arguments and policies which directly influence their lives. Successful students will discover the strong relationship between Economics and other academic subjects with either complementary knowledge (History, Politics, Geography) or complementary skills (Physics, Mathematics, Philosophy). They will also develop wider academic abilities including independent research, discussion and presentation skills. Students who most enjoy the course will equip themselves with a working knowledge of current economic affairs. Students can expect to incorporate a wide range of mathematical techniques and graphical interpretations of theories into their powerfully persuasive evaluative essays. The subject is divided into Microeconomics and Macroeconomics although a substantial amount is synoptic in nature. Microeconomics explains how individual markets function and provides an insight into the behaviour of businesses. At the start we do this by using simple models, such as supply and demand, but the course covers far more challenging concepts such as collusive oligopolies and behavioural economics in an attempt to answer questions such as: • Should we pay to see a doctor? • Why are London house prices rising so rapidly? • Do people make rational decisions? • Should there be a minimum price for alcohol? Macroeconomics analyses the performance of whole economies and their interactions with each other. The focus is on key indicators such as GDP, unemployment and inflation. Typical questions might include: • What are the implications of record low rates of UK unemployment? • Is a low rate of inflation in the UK good or bad? • Should the UK government increase spending to assist in economic recovery or is austerity working? • Would more regulation of banks help prevent future financial crises?
Offers of places at 16+ are conditional on applicants achieving our required grades at GCSE, IB MYP or the equivalent foreign examinations. We ask for three 7 grades (or grade A) and above and another three 6 grades (or grade B) and above at GCSE or for IB MYP we require three 6 grades and three 5 grades. These should include English and mathematics and, where applicable, the subjects chosen for IB Higher Level or A-Level. We allocate places on academic merit, considered alongside the potential to contribute to our co-curricular programme. We recommend at least a Grade 6 at I/GCSE in any subject taken at IB Higher Level or A-level; students will not normally be allowed to pursue a subject in which they have attained less than a Grade 5.
The course follows the new linear AQA specification and all papers constitute one third of the overall A Level. • Paper 1: The operation of markets and market failure is a 2 hour Microeconomics paper • Paper 2: National and international economy is a 2 hour Macroeconomics paper • Paper 3: Economic principles and issues is a 2 hour synoptic paper
About Education Provider
| Region | West Midlands |
| Local Authority | Warwickshire |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | View Report |
| Boarding Fee | £45,990 |
| Sixth Form Fee | £28,890 |
| Address | The Bursary, 10 Little Church Street, Rugby, CV21 3AW |
The aims of A Level Economics are to enable curious students to appreciate fully the economic world that surrounds them thereby allowing them to fully analyse and thoroughly evaluate a wide variety of economic ideas, arguments and policies which directly influence their lives. Successful students will discover the strong relationship between Economics and other academic subjects with either complementary knowledge (History, Politics, Geography) or complementary skills (Physics, Mathematics, Philosophy). They will also develop wider academic abilities including independent research, discussion and presentation skills. Students who most enjoy the course will equip themselves with a working knowledge of current economic affairs. Students can expect to incorporate a wide range of mathematical techniques and graphical interpretations of theories into their powerfully persuasive evaluative essays. The subject is divided into Microeconomics and Macroeconomics although a substantial amount is synoptic in nature. Microeconomics explains how individual markets function and provides an insight into the behaviour of businesses. At the start we do this by using simple models, such as supply and demand, but the course covers far more challenging concepts such as collusive oligopolies and behavioural economics in an attempt to answer questions such as: • Should we pay to see a doctor? • Why are London house prices rising so rapidly? • Do people make rational decisions? • Should there be a minimum price for alcohol? Macroeconomics analyses the performance of whole economies and their interactions with each other. The focus is on key indicators such as GDP, unemployment and inflation. Typical questions might include: • What are the implications of record low rates of UK unemployment? • Is a low rate of inflation in the UK good or bad? • Should the UK government increase spending to assist in economic recovery or is austerity working? • Would more regulation of banks help prevent future financial crises?
Offers of places at 16+ are conditional on applicants achieving our required grades at GCSE, IB MYP or the equivalent foreign examinations. We ask for three 7 grades (or grade A) and above and another three 6 grades (or grade B) and above at GCSE or for IB MYP we require three 6 grades and three 5 grades. These should include English and mathematics and, where applicable, the subjects chosen for IB Higher Level or A-Level. We allocate places on academic merit, considered alongside the potential to contribute to our co-curricular programme. We recommend at least a Grade 6 at I/GCSE in any subject taken at IB Higher Level or A-level; students will not normally be allowed to pursue a subject in which they have attained less than a Grade 5.
The course follows the new linear AQA specification and all papers constitute one third of the overall A Level. • Paper 1: The operation of markets and market failure is a 2 hour Microeconomics paper • Paper 2: National and international economy is a 2 hour Macroeconomics paper • Paper 3: Economic principles and issues is a 2 hour synoptic paper