A2 Level in Economics

Course information:
A2 Level in Economics

Course summary:

The course will encourage candidates to:

• Develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life
• Apply economic concepts and theories in a range of contexts and to appreciate their value and limitations in explaining real world situations
• Analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of the government within it.
• Develop an understanding of logical thinking and reasoning.

Microeconomics helps you to understand current issues such as: Why are house prices so high? Can pollution effectively be controlled? Why are taxes so high on cigarettes and alcohol? Should students be paying more to go to university?


Macroeconomics helps you understand issues such as: Why does the government try to control prices by using interest rates? Why are people in London richer than those in South Tyneside? How are we affected by the Chinese and Indian economies?

Course content:

Module 3 Business Economics and the Distribution of Income

• Theory of the Firm
• Competitive Markets
• Concentrated Markets
• The Labour Market
• Government Intervention in the Market

Module 4 The National and International Economy

• Macroeconomic Indicators
• Managing the National Economy
• The International Economy

Assessment procedure:

A2 examination
Unit 3: 2 hours

Section A: two optional data response questions, answer one;

Section B: three optional essay questions, answer one (25%)

Unit 4: 2 hours

Section A: two optional data response questions, answer one;

Section B: three optional essay questions, answer one (25%).
A2 units form 50% of the total A level marks


Qualifications achieved:
GCE A2 Level Economics

Progression opportunities:
The course lays an appropriate foundation for further study of Economics or related subjects in higher education. In addition, it provides a worthwhile course for candidates in terms of general education and lifelong learning. The subject provides a useful introduction to a university Economics/Political/Social Science degree while also providing a valuable intellectual training for a very wide range of careers including banking, accountancy, finance, teaching, law and management.

Free study and financial support:
Most full-time students do not have to pay for their course. We may also be able to help you with some of the extra costs associated with college, eg travel, childcare, equipment, books etc. In addition, if you have just left school, you may be eligible for an Educational Maintenance Allowance. Please ask us about â€-Money Matters†for more details.