A-Levels: Economics

Why study Economics?

Economics is the study of how an economy operates and how individuals and firms make economic decisions. It looks at the use of the world's resources and gives you an understanding of the causes and consequences of inflation, unemployment and balance of payment deficits. It considers levels of taxation, whether government spending should be raised or lowered, the effects of changes in interest rates and the consequences and solutions of economic development on individuals, societies and the environment.

What do I study?

AS Economics comprises two units, both are externally assessed.
Unit 1: Competitive Markets- how they work and why they fail
Unit 2: Managing the Economy
A2 Economics comprises two externally assessed units, adding an international context
Unit 3: Business Economics and Economic Efficiency
Unit 4: The Global Economy

Where does Economics take me?

This course is suitable for Higher Education in Economics or related subjects such as Accountancy, Finance, Management or Business. Students are also able to progress into mployment in the City, working in financial institutions or other banking, accounts or management related careers.

What do I need?

Minimum GCSE C grade or above in Maths and English.