A Level in Economics

UPDATED 20161017 13:27:45

Economics is conventionally divided into microeconomics and macroeconomics. Microeconomics involves a study of markets and prices, addressing issues such as:  Why has the price of petrol risen?  Why has the price of computers fallen?  Why does David Beckham earn more than a highly qualified Head of Economics?  What factors affect the housing market? We also consider areas of ‘market failure’, where the government intervenes to ensure a more satisfactory outcome – pollution controls, public sector goods and services and legal restraints on monopolies, for example. The course involves a close analysis of several markets, such as the oil market and the market for sport and leisure, and in the second year the economic analysis of business and the labour market is introduced. Macroeconomics is the study of the whole economy, and how government policies such as use of taxation and interest rates can be used to achieve economic objectives. The course covers issues such as:  How can unemployment be reduced?  How can economic growth be encouraged?  Can we increase UK living standards?  Should the UK join the Euro zone?  Why has Britain’s relative position in the world changed?  Does inflation matter?

Course information

Name: A Level in Economics Qualification title: GCE A Level in Economics Qualification type: GCE A/AS Level or equivalent Assessment Exam Awarding Assessment & Qualifications Alliance Created 20150917 13:19:53 Updated 20161017 13:27:45

Entry requirements

None

Provider

The Royal Grammar School, High Wycombe
Academy Converter
pg@rgshw.com
01494524955
http://www.rgshw.com

Address

Amersham Road Town: High Wycombe