Economics

Introduction to A level Economics video

CIE

An A level Economics course provides a thorough grounding in microeconomics theory, particularly the price system, and in-depth study of contemporary macroeconomics with a focus on global economic issues. No prior knowledge is assumed, however, students who have studied GCSE Business Studies or Economics, particularly IGCSE, have an advantage in terms of the foundations. 

This subject offers students many opportunities to engage with global economic issues in a very wide variety of contexts, helping students to develop the skills of interpretation and analysis through discussion of the theory. Students undertake a high level of independent study where they familiarise themselves with current economic events thereby enabling them to apply theory to the real world.  This subject lends itself to internationalism which is a School-wide focus.

SUBJECT COMBINATION AND PROGRESSION

The mathematical work involved with A level Economics is not advanced, however, a grade 6 or higher in GCSE level Maths is recommended.  The subject links well with History and Geography and many students have studied it alongside Maths and Science. It involves a high level of logic and understanding as well as the ability to be able to analyse and evaluate. The ability to be able to express oneself clearly is essential, as the subject requires essay writing at all levels. It is considered to be a ‘traditional’ subject and therefore well-regarded by all third-level institutions. Students can comfortably progress on to degrees in Economics, Business Economics, Management, Law and History. 

COURSE OVERVIEW

The Cambridge International Examinations syllabus 9708 is studied. This is a linear course with two examinations at the end of AS level and two examinations at the end of the A2 level.

AS Level

Unit 1

Multiple Choice

33% of AS grade

17% of A level

1 hour exam

Multiple Choice questions

Unit 2

a)  Data response - 67% of AS grade

b)  Structured essay - 33% of A level

2 hour exam 

Written Exam

A2 Level

Unit 3

Multiple Choice

17% of A level

1 hour 15 minutes

Multiple Choice

Unit 4

a)  Data response

b)  Structured essay 

33% of A level

2 hours

Written Exam

CAN I STUDY ECONOMICS?

If you have the ability to think and write logically, strong common sense, have knowledge of Maths and find interest in the topics of Economics, you can go ahead with confidence.

Sophie Bowerbank – Curriculum Leader, Humanities