Economics
Course Content
Examinations are a mixture of multiple choice, short-answer and data response questions and essays.
Paper 1: Markets and business behaviour (35% of A Level), 2 hours, 100 marks Tests Themes 1 and 3.
Paper 2: The national and global economy (35% of A Level), 2 hours, 100 marks Tests Themes 2 and 4.
Paper 3: Microeconomics and macroeconomics (30% of A Level), 2 hours, 100 marks Tests all four Themes.
Theme 1: Introduction to markets and market failure
This theme focuses on microeconomic concepts. Students will develop an understanding of:
- The nature of economics
- How markets work
- Market failure
- Government intervention
Theme 2: The UK economy – performance and policies
This theme focuses on macroeconomic concepts. Students will develop an understanding of:
- Measures of economic performance
- Aggregate demand and supply
- National income and economic growth
- Macroeconomic objectives and policy
Theme 3: Business behaviour and the labour market
This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics:
- Business objectives and growth
- Revenues, costs and profits
- Market structures
- Labour market
TEACHER TO CONTACT:
Claire Batt















