The aim of Economics is to understand the world around us and to provide students with tools to interpret society’s decisions. The course aims to equip students with the literary and numerical skills to collect empirical evidence about how the economy is performing, and to make judgments on policy. The course offers a broad, rigorous choice for students with an innate intellectual curiosity. The basic question Economics seeks to answer is how resources should be allocated, arising from the problem of scarcity. The course seeks to answer questions such as: ‘Why does the price of crude oil rise when an oil pipeline is damaged?’ ‘Is measuring ‘economic development’ more important than GDP?’ and ‘How should the Government intervene in the market to prevent air pollution?’ The course is split into microeconomics and macroeconomics and students will study both of these areas each year.
There are no specific entry requirements, though enthusiasm for the subject, and a curiosity for what goes on in the world are highly desirable. There will be essays and mathematical problems throughout the course, so some confidence with English and numeracy is helpful.
Three written papers, each lasting two hours. Each paper is marked out of 80 and each counts for 33.3% of the A Level. Paper One focuses on microeconomics (Markets and Market Failure), Paper Two on macroeconomics (The National and International Economy) and Paper Three a mix of the two (Economic Principles and Issues). Each paper will consist of short written answers and longer essays, and paper three also contains 30 multiple choice questions.
About Education Provider
| Region | North West |
| Local Authority | Lancashire |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | View Report |
| Boarding Fee | £21,795 - £41,970 |
| Sixth Form Fee | £13,515 - £16,440 |
| Address | Broadway, Fleetwood, FY7 8JW |
The aim of Economics is to understand the world around us and to provide students with tools to interpret society’s decisions. The course aims to equip students with the literary and numerical skills to collect empirical evidence about how the economy is performing, and to make judgments on policy. The course offers a broad, rigorous choice for students with an innate intellectual curiosity. The basic question Economics seeks to answer is how resources should be allocated, arising from the problem of scarcity. The course seeks to answer questions such as: ‘Why does the price of crude oil rise when an oil pipeline is damaged?’ ‘Is measuring ‘economic development’ more important than GDP?’ and ‘How should the Government intervene in the market to prevent air pollution?’ The course is split into microeconomics and macroeconomics and students will study both of these areas each year.
There are no specific entry requirements, though enthusiasm for the subject, and a curiosity for what goes on in the world are highly desirable. There will be essays and mathematical problems throughout the course, so some confidence with English and numeracy is helpful.
Three written papers, each lasting two hours. Each paper is marked out of 80 and each counts for 33.3% of the A Level. Paper One focuses on microeconomics (Markets and Market Failure), Paper Two on macroeconomics (The National and International Economy) and Paper Three a mix of the two (Economic Principles and Issues). Each paper will consist of short written answers and longer essays, and paper three also contains 30 multiple choice questions.