Economics is everywhere. Each and every day people are making economic decisions – what to have for lunch and where to have it. Whether to save or to spend; whether to change jobs or not; whether to build a new school or a new hospital; each of these choices affects not only the entity making the decision but also others. It affects their incomes, their employment and their well-being. Economics is the study of how and why we make choices and what impact those choices have, right across the world. It is a challenging subject at any level. You should have an interest in the world, enjoy debate and differences in opinion, and should not seek ‘right’ answers. You should be willing to keep a sharp eye on real-world developments, be prepared to have a view on issues, and to challenge the views of others. If you’ve ever wondered what’s going on in Greece, why Tesco has been struggling, and why the world has people starving while others are obese then Economics is the subject for you. Lower sixth: Lower sixth will introduce students to the main distinction in economics: Microeconomics and Macroeconomics. Theme 1 will cover microeconomics. Why do people buy things? How do they value them and what determines what they will pay? The same ideas apply to apples, houses and even workers. However, there is a supply element too. Firms must be willing and able to supply goods and services at the right price. You will learn what determines that willingness. Yet sometimes markets go wrong. What, if anything, can governments do when markets fail? Theme 2 will look at basic macroeconomic topics with reference to the UK. You will learn about the causes of unemployment, the dangers of inflation, the benefits and costs of economic growth, how a national economy works, and how things link together. You’ll discover what might influence an economic variable and suggest possible solutions. Economic policy is thus a major aspect of this theme. Upper sixth: In the second year you will explore further into microeconomics and macroeconomics. Theme 3 will look at market and business behaviour. You will use your understanding of how markets work to explore business behaviour. How do firms make, and keep making, profit? What determines how easy it is to enter a market? How does competition and firm behaviour differ between industries? Theme 4 will further explore macroeconomics from a global perspective. This takes the analysis of how economies work into the international arena. You will explore the causes and effects of poverty and underdevelopment in the less developed world before considering what can be done to tackle these problems. We will also consider developments in international trade and the roles of multinational companies and organisations such as the I.M.F.
Whilst GCSE in the subject itself is not a requirement, for students who have done the subject at GCSE, a 6 would be evidence of the motivation and potential to perform well at A level. You will need to have obtained at least 5 GCSEs at 9-4 including a grade 6 in English Language and Maths. An ability to present complex data and ideas in written form is important. Quantitative and mathematical skills consist of 20% of the final grade, and so is crucial. Overall, you must have an interest in the wider world and in current affairs.
At the end of the course, students will sit three exam papers. Each paper will last 2 hours and worth 100 marks each. Paper 1 will cover the microeconomic topics in Themes 1 and 3. Paper 2 will cover the macroeconomic topics in Themes 2 and 4. Paper 3 is the synoptic paper and will cover all 4 themes. Papers 1 and 2 follow the same structure. Section A is a short response and multiple choice. This will include data interpretation and calculations. Section B is the data response and includes 5, 8, 10, 12, and 15 mark questions. All questions from Sections A and B are compulsory. Section C consists of two 25-mark essays. Students must answer only one of these essay questions. Paper 3 comprises of two sections; A and B. Both of these sections contain an extract and four exam questions of 5, 8, 12, and 25 marks. All questions are compulsory. Papers 1 and 2 are both worth 35%, whilst Paper 3 is worth 30% of the A Level grade.
About Education Provider
| Region | East of England |
| Local Authority | Cambridgeshire |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | |
| Boarding Fee | Unknown |
| Sixth Form Fee | £34,233 |
| Address | 3-4 Brookside, Cambridge, CB2 1JE |
Economics is everywhere. Each and every day people are making economic decisions – what to have for lunch and where to have it. Whether to save or to spend; whether to change jobs or not; whether to build a new school or a new hospital; each of these choices affects not only the entity making the decision but also others. It affects their incomes, their employment and their well-being. Economics is the study of how and why we make choices and what impact those choices have, right across the world. It is a challenging subject at any level. You should have an interest in the world, enjoy debate and differences in opinion, and should not seek ‘right’ answers. You should be willing to keep a sharp eye on real-world developments, be prepared to have a view on issues, and to challenge the views of others. If you’ve ever wondered what’s going on in Greece, why Tesco has been struggling, and why the world has people starving while others are obese then Economics is the subject for you. Lower sixth: Lower sixth will introduce students to the main distinction in economics: Microeconomics and Macroeconomics. Theme 1 will cover microeconomics. Why do people buy things? How do they value them and what determines what they will pay? The same ideas apply to apples, houses and even workers. However, there is a supply element too. Firms must be willing and able to supply goods and services at the right price. You will learn what determines that willingness. Yet sometimes markets go wrong. What, if anything, can governments do when markets fail? Theme 2 will look at basic macroeconomic topics with reference to the UK. You will learn about the causes of unemployment, the dangers of inflation, the benefits and costs of economic growth, how a national economy works, and how things link together. You’ll discover what might influence an economic variable and suggest possible solutions. Economic policy is thus a major aspect of this theme. Upper sixth: In the second year you will explore further into microeconomics and macroeconomics. Theme 3 will look at market and business behaviour. You will use your understanding of how markets work to explore business behaviour. How do firms make, and keep making, profit? What determines how easy it is to enter a market? How does competition and firm behaviour differ between industries? Theme 4 will further explore macroeconomics from a global perspective. This takes the analysis of how economies work into the international arena. You will explore the causes and effects of poverty and underdevelopment in the less developed world before considering what can be done to tackle these problems. We will also consider developments in international trade and the roles of multinational companies and organisations such as the I.M.F.
Whilst GCSE in the subject itself is not a requirement, for students who have done the subject at GCSE, a 6 would be evidence of the motivation and potential to perform well at A level. You will need to have obtained at least 5 GCSEs at 9-4 including a grade 6 in English Language and Maths. An ability to present complex data and ideas in written form is important. Quantitative and mathematical skills consist of 20% of the final grade, and so is crucial. Overall, you must have an interest in the wider world and in current affairs.
At the end of the course, students will sit three exam papers. Each paper will last 2 hours and worth 100 marks each. Paper 1 will cover the microeconomic topics in Themes 1 and 3. Paper 2 will cover the macroeconomic topics in Themes 2 and 4. Paper 3 is the synoptic paper and will cover all 4 themes. Papers 1 and 2 follow the same structure. Section A is a short response and multiple choice. This will include data interpretation and calculations. Section B is the data response and includes 5, 8, 10, 12, and 15 mark questions. All questions from Sections A and B are compulsory. Section C consists of two 25-mark essays. Students must answer only one of these essay questions. Paper 3 comprises of two sections; A and B. Both of these sections contain an extract and four exam questions of 5, 8, 12, and 25 marks. All questions are compulsory. Papers 1 and 2 are both worth 35%, whilst Paper 3 is worth 30% of the A Level grade.