A-level Economics helps students:

  • develop an interest and enthusiasm for economics and its contribution to the wider political and social environment
  • develop an understanding of a range of concepts and acquire an ability to use these concepts in a variety of different contexts
  • develop an enquiring, critical and thoughtful 'economist's mind'
  • practice skills, qualities and attitudes which will equip them for the challenges, opportunities and responsibilities of adult and working life
  • develop an understanding of current economic issues, problems and institutions that affect everyday life
  • apply economic concepts and theories in a range of contexts and appreciate their value and limitations in explaining real world phenomena
  • analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.

This course has no coursework or controlled assessment units. It is not necessary for students to have studied GCSE Economics before 

Specific requirements

A* - C English and Maths

What will I study?

In Year 12 students study:

  • Economic methodology 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
  • The measurement of macroeconomic performance
  • How the macroeconomy works
  • Economic Performance
  • Macroeconomic Policy

In Year 13 students study:

  • Economic methodology and the economic problem
  • Individual economic decision making
  • Price determination in a competitive market
  • Production, costs and revenue
  • Perfect competition, imperfectly competitive markets and monopoly
  • The labour market
  • The distribution of income and wealth: poverty and inequality
  • The market mechanism, market failure and government intervention in markets
  • The measurement of macroeconomic performance
  • How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts
  • Economic performance
  • Financial markets and monetary policy
  • Fiscal policy and supply-side policies
  • The international economy

Where does it lead?

A-level Economics is a good choice for students considering careers in the following:

  • Chartered accountant
  • Chartered certified accountant
  • Chartered public finance accountant
  • Economist
  • Financial risk analyst
  • Investment analyst
  • Statistician