AS /A2 Level Economics
Students require a minimum of 5 A*-B grades at GCSE (new GCSE Grade 5) or equivalent, including a grade 5 or above in English and Mathematics.
Economics concerns the allocation of society’s scarce resources amongst the many alternative uses to which they could be put.
At AS Level students study both Microeconomics and Macroeconomics. Microeconomics addresses issues such as: “Why are house prices so high?”, “Can pollution effectively be controlled?” and “Should governments interfere with markets?” The macroeconomic issues covered include: “Why does the Government have an inflation rate target and how does it affect us?”, “What happens to the economy if people decide to spend more?” and “How are we affected by the Chinese and Indian economies?”
AS Level Units
Unit 1: The Operation of Markets & Market Failure.
Unit 2: The National Economy in a Global Context
Unit 1: 1hr 30min written exam.
Unit 2: 1hr 30min written exam.
Into the future ….
Economics is a versatile subject that can help you in a number of careers. Not only could you find yourself working for big corporations, banks or the government but your qualification in economics could also be valuable support in a career like marketing, law, journalism or teaching.