Economics A Level
Economics is the study of how individuals, firms and governments behave when faced with this problem. Why do diamonds, seemingly a luxury good, cost more than water? Why are footballers paid more than nurses? Why did the global economy fall apart in 2008? If you’ve ever asked yourself similar questions, and have an interest in current affairs, you ought to consider choosing Economics A-level.
You will be applying the principles of economics to national global issues. It is an academically challenging course that suits those with an enquiring mind and those intending to continue their studies at university. It involves writing long, evaluative essays and requires you to analyse theories using evidence, mathematical calculations, and diagrams.
+ Course details and future career paths
Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms. An economic way of thinking can help you to make better choices.
The A-level Economics course can be broadly split into two sections, both of which are studied in tears one and two. Microeconomics involves the study of individual markets for goods and services, whilst macroeconomics involves the study of national and international economies.
Module 1: Microeconomics – Markets and Market failure (How do individuals, firms and governments make decisions about allocating scarce resources between different uses?)
Module 2: Macroeconomics – National and International Economy (How do governments encourage rising living standards, stables prices, full employment and international trade?)
Economics A level is a highly regarded course by universities and employers. Clearly a degree and career in Economics, International Business, Finance, Accounting, Banking, Investment or Marketing are options that many students choose. However, many students have career ambitions in other areas and this highly respected course is often a key A level for students of Politics, International Relations, History and Mathematics.
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