A Level Economics

The overall aim of the course is to encourage students to: Develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life. To analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.

Year 12 & Year 13 Topics

Microeconomics

• The reasons for individuals, organisations and societies having to make choices
• Competitive markets and how they work
• Market failure and government intervention
• Microeconomic theory
• Imperfections and market failures
• Labour markets

Macroeconomics

• Macro economy functions on a domestic and global level
• Policy approached
• Macroeconomic equilibrium
• Macroeconomic performance and policy
• Trade and Integration
• Development
• Economics of Globalisation
• The financial sector