A Level – Economics


Economics is a great choice for students who have an active interest in how we, as individuals and as a society, make choices.

Economics is a challenging subject which is highly regarded by universities and employers.  It combines with most A Level subjects notably Politics, History, Business Studies, Law, Sociology and Mathematics.

  • Who Is This Course For?

    Economics is a great choice for students who have an active interest in how we as individuals and as a society make choices. By exploring current economic issues and global factors, you will apply economic theories to the workings of markets and consumer and producer behaviour (Microeconomics). In dealing with the whole Economy and issues such as inflation, unemployment and economic growth, you will be studying the subject from a macroeconomic perspective. Economics is a challenging subject which is highly regarded by universities and employers. It combines with most A Level subjects notably Politics, History, Business Studies, Law, Sociology and Mathematics..

  • Course Details:

    Economics is about choice and the impact of our choices on each other.  It relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms.  An economic way of thinking can help you to make better choices.

    Exam Board

    At Wyke we use the Edexcel Economics specification, consisting of three examined units.

    Course details

    What will I learn?

    Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms. An economic way of thinking can help you to make better choices.

    In Theme 1 and Theme 2 you will be introduced to the nature of economics, how markets work and why they fail. You will consider the role of government and the UK economy.

    In Theme 3 and Theme 4 you will explore how businesses grow and compete, the labour market and how the government intervenes to make markets work better. You will also explore international trade, inequality within and between countries, emerging and developing economies, and the public finances. You will also have an opportunity to consider the role and impact of the financial sector.

    A Level Assessment

    Paper One

    Short-answer, data response and essay questions on markets and business behaviour—this is the content you study in Theme 1 and Theme 3.  2 hour exam weighting 35%

    Paper 2

    Short-answer, data response and essay questions on the national and global economy—this is the content you study in Theme 2 and Theme 4. 2 hour exam weighting 35%

    Paper 3

    The questions in the exam—data response and essay questions—cover concepts and theory from the whole course.  2 hour exam weighting 30%

    How the course is delivered

    The A level course is delivered over two academic years. Students will receive 4 hours 40 minutes of lessons per week. Independent work is expected of students outside of lessons. There is a strong ethos of high achievement on this course. The focus of the lessons is on applying economic concepts and skills to the variety of problems encountered in the exam. A variety of teaching methods are employed and students will take part in group discussions & case studies, peer teaching and sharing topical news items with the group.

    Students are provided with up to date textbooks, highly effective printed notes linked to integrated assessment material based on examination questions. Our Moodle presence is well developed with course presentations and links to news items of interest. We encourage the use of social media and Economic resources are abundant on the internet.

     

    Departmental Enrichment

    Our students can enter the Bank of England Target 2.0 competition where they take on the role of the Bank of England’s Monetary Policy Committee to assess economic conditions and explain what monetary policies would be used to achieve the 2.0% inflation target. We will have external speakers visit the college alongside planned student visits including revision conferences and Hull University.

    Economics at Wyke Sixth Form College

    The teaching team is:

    • Joanna Morgan (teacher of A Level Economics, & BTEC level 3 Business, Head of Accounting, Business and Economics
    • Kate Clark Head of BTEC Business, teacher of BTEC Business and PE
    • Nicola Baker teacher of A Level Accounting
    • Elizabeth Blakey teacher of A Level Business Studies, BTEC Level 3 & Level 2 Subsidiary Certificate and Diploma in Business
    • Gill Blyth teacher of A Level Accounting,  A level Business & BTEC level 3 in Business
    • Lorna Everson teacher of BTEC level 3 in Business
    • Dana Walden teacher of A Level Business Studies, Economics & BTEC level 3 Business
    • Martin Schofield teacher of A Level Accounting, A level Business & BTEC level 3 in Business

    What can I do now that would help prepare me for this course?

    Make sure that you follow Economics stories in the media. It is useful to get used to reading a quality newspaper (most are on line) such as the Guardian, Times and Independent. They have very useful Economics and Business sections. They will seem difficult at first, but you should stick at it. Perhaps read the Economist or watch Economics related news items on TV or listen to radio programmes such as “Stephanomics” on Radio 4. The Economics/business section in the BBC News website is very useful. As a quirky introduction to the subject you should read the “Freakonomics” books by Levitt and Dubner.

    To gain more information regarding the course syllabus, follow the link to the Edexcel website:
    http://qualifications.pearson.com/en/qualification.edexcel-a-levels/economics-a-2015.html

     

  • Progression:

    Economics A level is a highly regarded course by universities and employers. Clearly a degree and career in Economics, International Business, Finance, Accounting, Banking, Investment or Marketing are options that many students choose. However, many students have career ambitions in other areas and this highly respected course is often a key A level for students of Politics, International Relations, History and Mathematics.

    Whatever your career plans, this course will challenge and stimulate you, as well as prepare you for the future.

     

    What do our students think about Economics?

    “Very useful, especially in the current climate, and fascinating. I enjoy reading up on contemporary economic issues”
    I now understand the news” Alex Johnson

    “Economics is an interesting and thoroughly recommended course. It enables you to make sense of the news/world and current affairs”
    Enea Luciano

    “Economics is a subject that enables you to learn key factors about life that can be implemented in a variety of ways to everyday situations and jobs”
    Evie Jenkins