Award: A-Level
Awarding Body: Edexcel
Specification Code:
A-Level: 9ECO
Specification Website: Edexcel AS and A-Level Economics
Institution: Westside
Nature of Economics
How free markets work
Free market failure
Government intervention
Measuring economic performance
Demand & supply
National income
Economic growth
Government policy
Business growth
Business objectives
Revenues, costs & profits
Market structures
Labour market
Government intervention
Global economics
Poverty & inequality
Emerging economies
The financial sector
The role of the State in the economy
Questions drawn from Theme 1 & Theme 3
2 hours - 35% of grade
Questions drawn from Theme 2 & Theme 4
2 hours - 35% of grade
Questions drawn from all themes
2 hours - 30% of grade
This subject requires students to:
Develop an understanding of economic concepts and theories through critical consideration of current economic issues, problems and instructions that affect everyday life.
Analyse, the strengths and weaknesses of the market economy and the role of government within it.
Develop a critical approach to economic models and methods of enquiry.
For those wanting to study Economics at University, it is important to note that many Universities may insist on A Level Mathematics as an entry requirement.