This theme focuses on microeconomic concepts. We will develop an understanding of:

• The Nature of Economics

• How Markets work

• How free markets can fail

• How and why governments intervene in markets 

This theme focuses on macroeconomic concepts. We will develop an understanding of: 

• How we measure economic performance

• Aggregate Demand and Supply

• The Macroeconomic Objectives

• Macroeconomic Policy Making

This theme focuses builds on the knowedge and skills developed of microeconomics in Theme 1 and focuses on Business Economics. We will develop an understanding of: 

• Business Growth Strategies

• Understanding Business Objectives

• Costs, Revenues and Profits

• Market Structures

• Labour Markets

• Government Intervention in these markets  

This theme focuses builds on the knowledge and skills developed of macroeconomics in Theme 4 and focuses on applying these ideas to a global context. We will develop an understanding of: 

• Free Trade, Protectionism, Economic Integration and Exchange rates and BOP

• Poverty and Inequality

• Emerging and Developing Economies

• The Financial Sector

• The role of governments in the macroeconomy