Economics
COURSE REQUIREMENTS:
GCSE Grade 4 or above in a Business related subject. If not previously studied, GCSE Maths and English Grade 5 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
- Competitive and concentrated markets
- The market mechanism, market failure and government intervention in markets
- Business behaviour
- The labour market
- The financial sector
- Economic performance
- Macroeconomic policy
- The distribution of income and wealth: poverty and inequality
- The national and international economy.
There are three externally assessed exams. Papers 1 and 2 are worth 35% of the total qualification and the Synoptic Paper 3 is worth 30%. Across all of the exam papers there are a mixture of multiple choice, short answer, data response and essay questions.
A-Level Exam Board:
Edexcel
Contact details:
Head of department Mrs M Smart
staffms@st-nicholas.cheshire.sch.uk
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
