Economics (A Level)

Course Specification

https://www.aqa.org.uk/subjects/economics/as-and-a-level/economics-7135-7136

Subject Specific Entry Requirements

Grade 5 in English Language; Grade 6 in Mathematics.

In addition to the general entrance requirements.

Costs Associated with this Course

Do you…

• Want to gain an insight into how markets work?
• Want to understand the relationship between micro and macroeconomics and how this shapes local, national and global economies?
• Want to kick-start your career, learning vital skills to continue to further education or the world of work?

How will you be assessed?

AS assessment

You will sit two 90 minute written exams – each exam will be worth half of the AS. Paper one will cover the operation of markets and market failure and paper two will cover the national economy in a global context. The papers will feature a range of question styles. After taking the AS exams at the end of your first year of study you can decide to:

Finish with an AS qualification
Continue to A-Level

A-level assessment

You will sit three two hour written exams – each exam will be worth a third of the A-level. Paper one will cover markets and market failure, paper two will cover the national and international economy and paper three will draw on material from the whole course. The papers will feature a range of question styles.

What will I study?

AS and A-level Economics will give you an excellent understanding of how economies allocate their scarce resources to meet the needs and wants of their citizens. You will develop a greater understanding of the economic problems which face individuals, firms and governments on a local, national and global level and the alternative ways these problems can be resolved.

You will look at microeconomic areas investigating how individual decisions impact economic outcomes, the importance of competition, how markets operate and why they fail and the distribution of wealth.

At the same time you will learn about macroeconomics, looking at the ‘big picture’ of how our national economy fits into the global context, the global impact of financial markets and monetary policy and the operation of the international economy.

How will this course support my future plans?

You may choose to pursue a career in a directly related field such as banking or finance. The A-level course in Economics will stand you in good stead by giving you an insight and understanding of the economic forces that impact your day to day activities.

Alternatively, you may decide to follow a career path which isn’t directly related to your course of study. The analytical and evaluation skills that you will have developed will be useful whatever path you choose in the future.

For more information on the course specifications click the link below:

https://www.aqa.org.uk/subjects/economics/as-and-a-level/economics-7135-7136