Economics

Taught at QEII/ CRHS


Details of the Examination Specification

Economics WJEC (601/5034/8 ) A-level 

What do I need to know or be able to do before taking this course? 

Students do not need to have studied Business, Enterprise or Economics previously.  Students will normally have attained at least a B Grade in English and Mathematics OR Business Enterprise/Studies prior to the start of the course. 

Economics concerns the allocation of a society’s scarce resources amongst the many alternative uses to which they could be put.  In Economics students learn about the forces which affect the economy, such as employment, prices and international trade. 

What kind of student is this course suitable for? 

It is important that students have an interest in economic affairs and a desire to explore how this contributes to the modern world. 

What will I learn on this A Level course? 

Key Topics: Price Determination, Labour Market, Distribution of Income & Wealth, Market Failure, Financial Markets, Globalisation, Trade, Exchange Rates. 

What examinations will I have to take to get my qualification?

What can I do after I have completed the course? 

Economics is a highly respected qualification, which can open up numerous pathways, both into university and the work place.  Students learn transferable skills throughout the course, which are highly valued by employers and universities.  Economics leads to careers such as Law, Business, Accounting and Politics. 

Where can I find out more? 

For further information visit: https://www.wjec.co.uk/qualifications/economics-as-a-level/#tab_overview