Economics A Level

Edexcel A Level Economics A

Like most traditional A Level Economics courses, A Level Economics is split into two areas: microeconomics and macroeconomics. Microeconomics is the study of individual markets, how they operate, why they sometimes fail, and how governments may intervene to address these failures. Macroeconomics examines the economy as a whole, both nationally and globally.

In microeconomics you will study:

In Y12: the nature of economics, how markets work, market failure and government intervention to correct market failures.

In Y13: business growth, business objectives, revenues costs and profit, market structures, labour market and government intervention.

In macroeconomics you will study:

In Y12: measures of economic performance, aggregate demand and supply, modelling the economy, economic growth, and macroeconomic objectives and policy.

In Y13: international economics, poverty and inequality, emerging and developing economies, the financial sector and the role of the state in the macroeconomy.

Paper 1 – microeconomics - 35%

Paper 2 – macroeconomics - 35%

Paper 3 – synoptic (both micro and macroeconomics) - 30%

A minimum of five GCSEs at Grade 9 – 4. This MUST include:

• Mathematics Grade 4 AND

• English Language Grade 5

Plus

Grade 5 OR BTEC Level 2 Merit in Business (if studied)

AND Grade 5 in Maths

A Level Economics is highly valued by universities and employers alike. As a rigorous academic subject, it develops students' ability to analyse data, interpret evidence, construct logical arguments and evaluate complex real-world issues. These highly transferable skills are valued across a wide range of degree courses and careers.

Many of our students progress to study Economics, Business Management, Finance, Accounting, Politics and related subjects at university. Economics graduates enjoy excellent employment prospects and are particularly sought after in sectors such as finance, banking, consultancy, government, business analysis and public policy. The analytical and quantitative skills developed throughout the course are also highly regarded across a wide range of professions.

Students considering Economics at degree level should be aware that many universities require A Level Mathematics alongside Economics. However, several universities also offer Economics-related degree courses without this requirement.

Economics complements a wide range of A Level subjects, particularly Mathematics, Politics, Geography, History, Sociology, Psychology and the Sciences. It is an excellent choice for students interested in understanding how individuals, businesses and governments make decisions in an increasingly complex and interconnected world.