COURSE REQUIREMENTS: GCSE Grade 4 or above in a Business related subject. If not previously studied, GCSE Maths Grade 4 or above.
WHAT IS THE COURSE CONTENT AND HOW WILL I BE ASSESSED?
• What is economics and the economic problem? • Price determination in a competitive market • Production, costs and revenue • Competitive and concentrated markets • The market mechanism, market failure and government intervention in markets • Economic performance • Macroeconomic policy • The distribution of income and wealth: poverty and inequality • The national and international economy
There are three externally assessed exams each worth 33% of the overall grade. Across all of the exam papers there are a mixture of multiple choice, short answer, data response and essay questions. There are also extended writing questions based on an unseen case study.
“ECONOMICS ALLOWS YOU TO GAIN AN INSIGHT INTO THE OPERATIONS AND METHODS BEHIND THE TRANSACTIONS OCCURRING DAILY IN OUR SOCIETY, AND THE EFFECT THAT THEY HAVE ON BOTH US AS INDIVIDUALS AND SOCIETY AS A WHOLE”
CHARLOTTE LANGTON – DEGREE LEVEL APPRENTICESHIP WITH DELOITTE
ST NICHOLAS EXTRA:
Students have the opportunity to take part in the following:
• Young Enterprise • Student Investor Challenge – you get to buy and sell shares on the stock exchange • Educational visits – Jaguar LandRover. • Guest lectures from industry speakers and the Bank of England