Subject: Economics

Examination Board: Edexcel A

Controlled Assessment: 0%

Coursework: 0%

Examination: 100%

Specific entry requirements: A grade 6 in GCSE Mathematics, and a grade 6 English Language or English Literature, plus grade 6 in GCSE Economics and/or Business Studies if taken at GCSE.

Have you ever wondered … 

• What affects your ability to make a decision?

• What happens to your savings?

• Why some countries are wealthier than others?

• Why some resources are worth more than others?

• How trade came about and what purpose does it serve?

• How governments decide where money is spent?

• What makes the economy grow or shrink?

• Why there was a recession in 2008?

• Why did no one see it coming?

• Then perhaps Economics is for you.

What will you study?

In Year 12 you will focus on both microeconomics and macroeconomics. Within microeconomics you will consider issues such as: ‘why are house prices so high?’, ‘can pollution effectively be controlled?’ and ‘should governments interfere with markets?’ The macroeconomic issues covered include: ‘why does the government have an inflation rate target and how does it affect us?’, ‘what happens to the economy if people decide to spend more?’

In Year 13 you will study the behaviour of individuals and firms on different types of markets and concepts of trade and international relationships between nations. You will participate in lengthy research projects and presentations and write essays to prepare you for the examinations.

What Super Curricular opportunities are there linked to this subject?

Have you ever dreamed of going to LSE to Study Economics?  If so You may find their CHOICE programme of interest:

LSE CHOICE stands for:

• LSE Challenge

• LSE Higher

• LSE Opportunity

• LSE Investment

• LSE Commitment

• LSE Excellence

“You learn a lot of new things which actually are relevant and help you in not only your A Levels but throughout your life.”     LSE CHOICE participant 

What can this course lead to?

Through studying Economics at A Level, students will be well prepared for business, economics or finance-related courses at degree level. Economics is a versatile subject that can help you in a number of careers. Not only could you find yourself working for a big corporation, bank or the government your qualification in economics could also be a valuable support in a career in marketing, law, politics,  journalism or teaching.