• EXAM BOARD: OCR • ENTRY CRITERIA: GRADE 5 IN ENGLISH LANGUAGE AND GRADE 5 IN MATHS IS RECOMMENDED • HEAD: MRS WALKER SAMUELS: VWALKER22@HAYDONSCHOOL.COM Economics is all about the allocation of scarce resources. This course will enable students to develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life. Students wishing to pursue Economics at degree level are strongly advised to take A Level Maths or Maths AS. CURRICULUM YEAR 1 Scarcity, PPC, Demand and Supply, Market Failure, Economic objectives and policies to achieve them. Component 1: Microeconomics. Students will learn the reasons for individuals, organisations and societies having to make choices. They will also explore how competitive markets work, how markets fail and the role of the government in the economy. Component 2: Macroeconomics Students will learn about the macroeconomic problems of an economy, the objectives of government economic policy and indicators of national economic performance. Students will also learn about international trade and arguments for and against free trade. YEAR 2 Market Structures, Labour Markets, Environment, Development, Inequality, Financial markets. Component 1: Microeconomics: Students will build upon their knowledge from the first year’s Component 1 but look into more detail at the market structures and allocation of resources in addition to the labour market. Component 2: Macroeconomics: Students will build further upon macro concepts from Year 1 and learn about trade and integration, development and sustainability, the economics of globalisation, the role of the financial sector in the real economy and financial regulation. Component 3: Themes in Economics: This unit will draw upon content of components 1 and 2 and will require the candidates to consider the theory which has been studied on those components in a ‘real world’ context. ASSESSMENT 3 papers – Micro, Macro (both have data response and 2 essays) and synoptic (30 MCQs and a data response, which covers both sides of the course). CAREER OPPORTUNITIES *Actuarial analyst *Chartered accountant*Chartered public finance accountant *Data analyst *Economist *Financial risk analyst *Forensic accountant *Investment analyst *Statistician *Stockbroker WE ARE PROUD That our alumni with an A level in Economics are studying *Economics and Econometrics at the University of Nottingham *Banking and International Finance at City University Lon- don *Accounting and Finance at University of Newcastle upon Tyne *Sport Management at Loughborough University.
About Education Provider
| Region | London |
| Local Authority | Hillingdon |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Wiltshire Lane, Eastcote, Pinner, HA5 2LX |
• EXAM BOARD: OCR • ENTRY CRITERIA: GRADE 5 IN ENGLISH LANGUAGE AND GRADE 5 IN MATHS IS RECOMMENDED • HEAD: MRS WALKER SAMUELS: VWALKER22@HAYDONSCHOOL.COM Economics is all about the allocation of scarce resources. This course will enable students to develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life. Students wishing to pursue Economics at degree level are strongly advised to take A Level Maths or Maths AS. CURRICULUM YEAR 1 Scarcity, PPC, Demand and Supply, Market Failure, Economic objectives and policies to achieve them. Component 1: Microeconomics. Students will learn the reasons for individuals, organisations and societies having to make choices. They will also explore how competitive markets work, how markets fail and the role of the government in the economy. Component 2: Macroeconomics Students will learn about the macroeconomic problems of an economy, the objectives of government economic policy and indicators of national economic performance. Students will also learn about international trade and arguments for and against free trade. YEAR 2 Market Structures, Labour Markets, Environment, Development, Inequality, Financial markets. Component 1: Microeconomics: Students will build upon their knowledge from the first year’s Component 1 but look into more detail at the market structures and allocation of resources in addition to the labour market. Component 2: Macroeconomics: Students will build further upon macro concepts from Year 1 and learn about trade and integration, development and sustainability, the economics of globalisation, the role of the financial sector in the real economy and financial regulation. Component 3: Themes in Economics: This unit will draw upon content of components 1 and 2 and will require the candidates to consider the theory which has been studied on those components in a ‘real world’ context. ASSESSMENT 3 papers – Micro, Macro (both have data response and 2 essays) and synoptic (30 MCQs and a data response, which covers both sides of the course). CAREER OPPORTUNITIES *Actuarial analyst *Chartered accountant*Chartered public finance accountant *Data analyst *Economist *Financial risk analyst *Forensic accountant *Investment analyst *Statistician *Stockbroker WE ARE PROUD That our alumni with an A level in Economics are studying *Economics and Econometrics at the University of Nottingham *Banking and International Finance at City University Lon- don *Accounting and Finance at University of Newcastle upon Tyne *Sport Management at Loughborough University.