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

"Understand the forces shaping our world – from climate change and inequality to inflation, global trade and the future of work."

Economics is much more than the study of money and markets. It helps us understand the biggest challenges facing society and equips students with the analytical skills needed to make sense of the world around them.

At A Level, students explore questions such as:

What causes inflation and rising living costs?

Why do poverty and inequality exist?

How can governments tackle climate change?

Why are some jobs paid more than others?

What are the impacts of globalisation and international trade?

What Will I Study?

Microeconomics

· Markets and price determination

· Competition, monopoly and market power

· Labour markets and wages

· Poverty and inequality

· Market failure and government intervention

· Environmental issues and climate change policies

Macroeconomics

· Economic growth and living standards

· Inflation and unemployment

· Government spending and taxation

· Interest rates and monetary policy

· International trade and globalisation

Assessment

There will be three two-hour written exams worth 80 marks each:

· Paper 1: Markets and Market Failure

· Paper 2: National and International Economy

· Paper 3: Economic Principles and Issues

Assessment includes multiple-choice questions, data response questions and extended essays based on real-world economic issues.

Why Study?

Economics is a highly respected academic subject valued by universities and employers. Students will develop critical thinking and problem-solving skills, data interpretation and numerical analysis, valuation and decision-making skills, and an understanding of current affairs and public policy.

Economics combines particularly well with Mathematics, Business, Geography, Politics, Sociology and the Sciences.

Future Pathways

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Economics provides an excellent foundation for degrees and careers in economics, finance, banking, business, accounting, law, politics, public policy, data analysis, consultancy and journalism.

Entry Requirements

Grade 6 in GCSE Maths, Grade 6 in GCSE English Language and Grade 6 in GCSE Business or Economics if taken.