A Level Economics
Assessment Objectives :
Students build knowledge and understanding of core economic models and concepts in Themes 1 and 2, and then build on this and apply their knowledge to more complex concepts and models in Themes 3 and 4. Students will need to apply their knowledge and understanding to both familiar and unfamiliar contexts in the assessments and demonstrate an awareness of current economic events and policies.
Theme 1 - Introduction to markets and market failure
nature of economics
how markets work
market failure
government intervention.
Theme 2 - The UK economy – performance and policies
measures of economic performance
aggregate demand
aggregate supply
national income
economic growth
macroeconomic objectives and policy.
Theme 3 - Business behaviour and the labour market
business growth
business objectives
revenues, costs and profits
market structures
labour market
government intervention.
Theme 4 - A global perspective
international economics
poverty and inequality
emerging and developing economies
the financial sector
role of the state in the macroeconomy.
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Where can an A Level in Economics lead?
Economist, Financial risk analyst, Data analyst, Financial planner, accountant, economics researcher, Financial consultant, Investment analyst, Actuary & many public sector roles such as: Diplomatic services, HM Treasury, Lobbying and public affairs, social think tanks for policy and security and intelligence services.