Economics

Assessment

• In Theme 1, you will learn about how markets work and what happens when they do not work so well • In Theme 2, you will learn about how the economy works in booms and recessions • In Theme 3, you will learn how businesses compete and set prices, how the job market works and how competition can be encouraged • In Theme 4, you will learn about globalisation and international trade, how economies develop, financial markets and public finances. Paper 1 • Markets and Business Behaviour • A Written exam featuring multiple choice, short answer questions, data response and extended open-response. Paper 1 will be assessed from Themes 1 and 3. • 120 minutes • 35% of A Level Paper 2 • The National and Global Economy • A Written exam featuring multiple choice, short answer questions, data response and extended open-response. Paper 2 will be assessed from themes 2 and 4. • 120 minutes • 35% of A Level Paper 3 • Microeconomics and Macroeconomics • A Data response to an extended open-response question. Paper 3 will assess across all 4 themes. • Duration of 120 minutes • 30% of A Level