About the course

You will apply economic theory to support the analysis of current economic problems and issues. Students are encouraged to appreciate the interrelationships between microeconomics and macroeconomics. Economics is a highly regarded academic subject and students who study A Level Economics can progress to HE to further their studies in Economics or related disciplines.

Entry requirements

Average GCSE score of 5 or above from 7 GCSEs including English, Maths & Science.

Maths score 6 or above.

How much does it cost?

Free to those aged 16-18

There is a range of financial support that you may be entitled to, including: Learner Support funds, grants and bursaries and employer support.

You will be expected to pay for stationery and textbooks.

Where will this course take me?

Economics can lead to a career in Accountancy, Banking & Finance, Business, Data Analyst, Investment Analyst, Journalism, Politics, Quantity Surveying etc.

Core modules

The operation of markets and market failure

• 1 Economic methodology and the economic problem
• 2 Price determination in a competitive market
• 3 Production, costs and revenue
• 4 Competitive and concentrated markets
• 5 The market mechanism, market failure and government intervention in markets

The national economy in a global context

• 6 The measurement of macroeconomic performance
• 7 How the macroeconomy works: the circular flow of income, AD/AS analysis, and related concepts
• 8 Economic performance
• 9 Macroeconomic policy

100% examination, 3 mandatory units, externally assessed:

Paper 1: Markets and market failure

Paper 2: The National Economy in a Global Context

How will I be assessed?

100% examination, 2 mandatory units, externally assessed.

Will I have to provide anything?

Textbooks, stationery, calculator.