Course Entry Requirements
GCSE grade 6 in Maths and grade 5 in English Language.
Introduction
Economics is the study of scarce resources and how those resources are allocated to various uses in a country, You will develop your understanding of both economic and political concepts, theories and issues. You will Be able to critically evaluate national and global events and decisions that impact your life.
What you will study
- Microeconomics: The study of individual markets with regards to prices, wages, profits and why government intervention is needed in some industries.
- Macroeconomics: Studying national and global objectives such as inflation, unemployment, economic growth, trade and development.
Assessments
Three examinations at the end of year two.
Paper 1: Markets and market failure: 80 marks (33%)
Paper 2: National and international economy: 80 marks (33%)
Paper 3: Economic principles and issues: 80 marks (33%)
Course Support
- Dynamic and engaging classes delivered by experienced staff
- Regular assessments, feedback and progress monitoring
- Revision classes, tutorials and lunch time drop in sessions
- Bespoke revision videos and resources
- VLE accessing all classroom materials and numerous super curriculum activities
- ‘Stretch and challenge’ activities
- Department ‘Careers wall’
Enrichment Activities
- Weekly ‘Discover and discuss’ enrichment
- Numerous trips, lectures and competitions
- Pre-university Economics course at the University of Manchester
- University ‘Subject tasters’ from Lancaster University Management School
Progression
A high proportion of A Level students decide to continue their study of the subject at a higher level. This is because degree courses in Economics and related disciplines are increasingly popular at a variety of Higher Education institutions. Related disciplines include Money, Banking and Finance, Business Studies, Sociology, Management Studies, Economic History, Politics. Economics also combines very well with Languages. Finally, Economics is a key component in the professional examinations for Accountancy, Law, Banking and Insurance.
Career Opportunities
Many students progress to Economics and related disciplines such as Finance, Banking and Accounting, Business Studies, Sociology, Management Studies, PPE and Politics. There are also an abundance of competitive degree-apprenticeships and progression routes into NGOs and the Civil service.
Further Information
Exam Board Course Specification