Economics

Summary

This two-year course explores the micro and macro economy, both on a national and global scale. It will help you understand how scarce resources are allocated and the challenges governments face in dealing with globalisation, pollution and ageing populations. You will uncover the causes of the major economic crash of 2008 and evaluate whether the decision by the UK to leave the EU is the correct one.

Level: A Level (level 3)

Course Details

Begin with the end in mind

POSSIBLE CAREER OPTIONS:
Economist, accountant, actuarial analyst, data analyst, financial risk analyst, forensic accountant, investment analyst, and statistician.

POSSIBLE UNIVERSITY STUDY OPTIONS:
Economics, business, management, human resources, accountancy, law, finance, politics, and economics.

Topics you'll cover

YEAR ONE:

  • The basic economic problem of scarcity
  • How markets work
  • Why markets fail
  • The need for government intervention.

YEAR TWO:

  • How the macro economy works
  • How the macro economy performs
  • The role of government policy
  • International trade.

Assessment and Qualification

  • Three exams
  • Exam board: AQA
  • A Level qualification (level three).

Course entry requirements

  • English and maths GCSEs at five or above plus a minimum of three other GCSEs at four or above.

What students say about the course

"Economics is a fantastic and engaging course that helps me to understand the way the world works in terms of people, businesses and the government. Every lesson is different and the structure of the work means that it is never boring. There is a lot of content but the learning takes place in such a way that it is manageable, as long as you revise! We study the macro economy, which is very applicable to day to day life and allows you to actually understand news stories. We also look at microeconomics, which (despite the vast amount of graphs and diagrams!) helps you to understand decision making, by both individuals and businesses."

Luke Mason-Hobbs, previously at Oasis Academy Mayfield

Additional information

FEES:

You will be expected to pay a £10 course fee each year to cover the cost of materials and equipment. If there is any issues with the being able to pay the fare, please contact Richard Taunton Sixth Form College.

A copy of the course payment breakdown can be found here: course payment breakdown.