Economics

A Level Economics (AQA)

Please note: To study this course, you must meet the general Sixth Form entry requirements as well as the subject-specific entry requirements listed below.

View General Sixth Form Entry Requirements

Year 12

Advanced level Economics introduces students to the different branches and to the different schools of thought that exist within the discipline. 

 There are 2 units in Year 12:

Unit 1: Markets and market failure

Unit 2: The National Economy

Students will be introduced to microeconomics and macroeconomics. 

Year 13

Microeconomics focuses on how individual markets allocate resources, and also how they sometimes fail to do this.  

Macroeconomics is the study of the bigger economic picture, focusing on issues such as inflation and unemployment and how various institutions, such as national governments and central banks, try to manipulate the macroeconomy for the benefit of us all.

There are a further 2 units in Year 13:

Unit 3: Business Economics and the Distribution of Income

Unit 4: The National and International Economy

Why Study?

Students who study economics will find it a fascinating subject because it enables them to reflect on what is going on in the world around them. 

One Economist said that Economics ‘is a study of mankind in the everyday business of life’.

Economics is a highly respected academic subject and is valued by top universities and employers alike. It explores how individuals, businesses and governments make choices in a world where resources are limited but wants and needs are unlimited.

Throughout the course, students investigate issues such as economic growth, inflation, unemployment, taxation, markets and government intervention, developing analytical and evaluative skills that are highly transferable to a wide range of careers and university courses.

Entry Requirements

Grade 6 in Maths & English Language. Grade 6 in GCSE Business & Economics if taken.