
Course outline Economics is a popular A level subject and involves the study of how individuals, firms and governments make economic decisions and how markets and economic systems operate. Topics studied include demand and supply in markets such as housing, oil, transport and healthcare, the minimum wage, inflation, taxation and exchange rates. In year 12 students will cover a variety of macroeconomic and microeconomic topics including markets and the price mechanism, market failure, national economic management and government policy. In year 13 students explore further microeconomic concepts through an investigation of traditional theories of the firm and competition policy. They will also explore international economics through studying the global economy, development and trade. The course is assessed through three two-hour terminal exams which will involve essay-writing, case study questions, mathematical calculations and diagrammatic analysis. Lesson Structure and Expectations Students of economics make frequent use of diagrams, data and models to help them examine theoretical concepts and topical issues. Due to the varied nature of the subject, lessons are varied and, over the course, will at times involve debates, essay-writing, reading case studies, direct teacher instruction, mathematical exercises, visual demonstrations and practical activities. Private study outside of the classroom will involve practice homework exercises, content revision, textbook reading and keeping up-to-date with current affairs. Course Requirements A grade 5 in English and a grade 5 in mathematics. Next Steps Economics is a subject with a strong academic reputation and students of economics often continue their studies at university following degrees in economics, business management and/or accountancy/finance. The subject also relates well with and would support a university application to study other subjects such as politics, geography and history. Graduates of economics have a wide choice of career pathways open to them including accountancy, banking, finance, journalism, management, marketing and the civil service.
About Education Provider
| Region | East of England |
| Local Authority | Central Bedfordshire |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Flitwick Road, Ampthill, Bedford, MK45 2NU |
Course outline Economics is a popular A level subject and involves the study of how individuals, firms and governments make economic decisions and how markets and economic systems operate. Topics studied include demand and supply in markets such as housing, oil, transport and healthcare, the minimum wage, inflation, taxation and exchange rates. In year 12 students will cover a variety of macroeconomic and microeconomic topics including markets and the price mechanism, market failure, national economic management and government policy. In year 13 students explore further microeconomic concepts through an investigation of traditional theories of the firm and competition policy. They will also explore international economics through studying the global economy, development and trade. The course is assessed through three two-hour terminal exams which will involve essay-writing, case study questions, mathematical calculations and diagrammatic analysis. Lesson Structure and Expectations Students of economics make frequent use of diagrams, data and models to help them examine theoretical concepts and topical issues. Due to the varied nature of the subject, lessons are varied and, over the course, will at times involve debates, essay-writing, reading case studies, direct teacher instruction, mathematical exercises, visual demonstrations and practical activities. Private study outside of the classroom will involve practice homework exercises, content revision, textbook reading and keeping up-to-date with current affairs. Course Requirements A grade 5 in English and a grade 5 in mathematics. Next Steps Economics is a subject with a strong academic reputation and students of economics often continue their studies at university following degrees in economics, business management and/or accountancy/finance. The subject also relates well with and would support a university application to study other subjects such as politics, geography and history. Graduates of economics have a wide choice of career pathways open to them including accountancy, banking, finance, journalism, management, marketing and the civil service.