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Economics

A level

Why are footballers’ wages so high? Should students pay for their higher education? Why is health care free in the UK but charged for in the USA? How do the Chancellor of the Exchequer and the Bank of England manage the economy?

You will discover the answers to these questions on our Economics course; where you will be enabled to understand current affairs, real world issues and the significance of much of the information you hear every day on the news.

Throughout your course of study you will focus on 3 core modules:

Microeconomics: You will examine the nature of the economic problem and how different societies resolve it. You’ll look at how markets operate via supply and demand and what happens if the outcome determined by the market is not desirable.

Macroeconomics: This module looks at large-scale issues, focusing on different theories of how the economy operates as a whole and measures of a country’s economic performance.

Global Economics: Looking beyond the UK you will examine theory behind, and the reality of, international trade.

Course Content

Studying Economics will enable you to understand the significance of much of the information you hear every day on the news.

Year 1

You will examine the nature of the economic problem and how different societies resolve it. You will go on to look at how markets operate via supply and demand to set the price of goods and services, and whether markets are operating efficiently. Finally you will apply market theory to the labour market and the theory of how wages are determined.

Year 2

You will explore large-scale issues focusing on different theories of how the economy as a whole operates; gaining an understanding of how to measure a country’s economic performance. Looking beyond the UK you will examine international trade focusing on the arguments for and against free trade as well as the benefits and drawbacks of globalisation.


Assessment

  • 100% Exam
  • Exam Board: Edexcel

Special Features

You will enjoy Economics if you…

  • have an interest in current affairs and want to focus on real world issues and problems;
  • have the ability to relate to theoretical models and to examine issues logically and systematically;
  • are keen to work with numbers;
  • can express yourself well, both orally in discussion and on paper;
  • are ready to carry out independent research to apply ideas rather than just listening and reading.

Entry Requirements

  • At least 7 GCSE at Grade 4.
  • Grade 5 in GCSE English and GCSE Maths.
  • Grade 5 in GCSE Economics, or equivalent, if taken.

Please note; you may be required to pay course costs towards your study on this course. Please click here for a full list of 2021/2022 course costs. 

After Long Road

Some of the university degrees being taken by students who recently completed Economics A Level are…

  • Economics at Reading,
  • Financial Economics at Kent,
  • Law with International Business at Leeds Beckett,
  • Economics with Business at Keele,
  • Economics at Bristol and Law at Sheffield.
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