COURSE CONTENT AND AIMS

YEAR 1

Operation of markets and market failure
The economic problem
Price determination
Costs and revenue
The market mechanism and market failure
Government intervention
The national economy in a global context
Measuring macro-economic performance – Unemployment, inflation,
Economic growth
How the macro economy works
Government policy

YEAR 2

Individuals, firms, markets and market failure
The labour market
Income and wealth
Poverty and inequality
The theory of the firm
Behavioural economics
The national and international economy
Economic performance
Role of the financial markets
Globalisation
Developing nations
Trade
Aid

TRIPS AND VISITS

The Department of Economics. Leicester University, Bank of England – London, Student Investor Challenge and the Economics Society at Oakham School

PROGRESSION

Economics students develop the kind of skills that employers demand and often progress to work for large corporations, banks and the government. A qualification in Economics can also support careers such as Marketing, Law, Journalism or Teaching.

The top seven degree courses taken by students who have A level Economics are:  Economics, Business, Politics, Accounting, Management, Maths and Finance.

ASSESSMENT

At the end of the two year course you will sit three two hour written exams

– each exam will be worth one third of the A level paper.

The paper will feature a range of question styles including multiple choice questions, short answer questions, essay questions, data response questions and case studies.

ENTRY REQUIREMENTS

For admission to A Level Economics, our usual minimum requirements are:

  • Five GCSEs at grade 5 or above, including English & Maths.