AS/A2 Economics Course Title
Teacher in charge of subject
AS/A2 Economics
Miss A Stallard
Exam Board and Specification No.
Edexcel Economics A 9EC0
Why is subject important, valuable and engaging? Economics A Level allows you the opportunity to develop an extensive understanding of the Economic environment that we live in. By the end of the course you should be able to make supported judgments on possible policy remedies and apply diagrammatical theory to real life situations. The aim of the course is to develop your skills, qualities and attitudes to equip you for the challenges, responsibilities and opportunities of adult working life. It allows you to apply academic theory to real life situations and gain a greater understanding of the UKs position within the global Economy. What do I need to have studied, or have knowledge of, before I begin this course? It is likely that you would not have studied Economics at GCSE however if you took Business Studies at GCSE you would have briefly covered a few of the topics. This therefore means that it is not essential for you to have studied the subject before. Both Business Studies and Economics have significant financial and mathematical elements within them and therefore you should have suitable Maths grade at GCSE. As with all A Level subjects there will be the expectation for you to complete essay based questions and extended writing pieces for exam style questions therefore a good English GCSE is also essential. What will I learn on this course? You will be able to analyse the nature of market failure its causes and then evaluate possible policies. You will have an understanding of the concept of supply and demand and be able to apply this to real life situations. You will investigate economic policies, analyse approaches and identify criteria for success. Following on from this you will have an understanding of Fiscal, Monetary and Supply- Side policies and be able to discuss their effectiveness in the current Economic climate. There is also a focus on competitive markets and you will investigate government intervention in order to promote this. Finally in Unit 4 you look at the global economy and will have a detailed understanding of trends and developments over the last 10 years. Overall an Advanced GCE in Economics and Business with its economics content will give you enhanced career choice and progression opportunities. This course will provide you with an extensive knowledge of the current Economic climate and allow you to make decisions of the causes and effectiveness of government policy. The specification may be co-taught by two or more teachers. Guidance will be given within the specification on possible ways of teaching topic areas. A variety of assessment techniques will be used – supported multiple-choice questions, data-response questions, case studies and a decision-making report.
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