Economics A Level

AQA

IN THE FIRST YEAR STUDENTS STUDY THE FOLLOWING TOPICS OVER TWO UNITS:
The Operations 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 macro-economy works: the circular flow of income, AD/AS analysis, and related concepts
  8. Economic performance
  9. Macroeconomic policy

IN THE SECOND YEAR, STUDENTS STUDY ALL THE AS TOPICS PLUS:

Individuals, Firms, Markets and Market Failure

  1. Economic methodology and the economic problem
  2. Individual economic decision making
  3. Price determination in a competitive market
  4. Production, costs and revenue
  5. Perfect competition, imperfectly competitive markets and monopoly
  6. The labour market
  7. The distribution of income and wealth: poverty and inequality
  8. The market mechanism, market failure and government intervention in markets. The National and International Economy
  9. The measurement of macroeconomic performance
  10. How the macro-economy works : the circular flow of income, AD/AS analysis, and related concepts Economic performance
  11. Economic performance
  12. Financial markets and monetary policy
  13. Fiscal policy and supply-side policies
  14. The international economy

No coursework, exam only. 
3 written exams; 2 hours each, with multiple choice questions, data response questions requiring written answers and case study questions requiring written answers.

By studying A Level Economics, students will be able to appreciate the contribution of economics to the understanding of the wider economic and social environment, alongside understand that economic behaviour can be studied from a range of perspectives. In addition, students will develop an understanding of a range of concepts and an ability to use those concepts in a variety of different contexts, alongside develop analytical and quantitative skills, together with qualities and attitudes which will equip students for the challenges, opportunities and responsibilities of adult and working life.

Please see Ms Zymberi for more information about Economics.