Unit 1 – ECON1 - Economics: Markets and Market Failure. This Unit introduces candidates to microeconomics. Candidates will be required to acquire knowledge and understanding of some basic microeconomic models and to apply these to current problems and issues. Basic microeconomic models such as demand and supply, the operation of the price mechanism, and causes of market failure are central to this Module. 1 hour 15 minutes examination. Unit 2 – ECON2 - Economics: The National Economy. This Unit introduces candidates to macroeconomics. Candidates will be required to acquire knowledge and understanding of Aggregate Demand/Aggregate Supply analysis and should be provided with opportunities to use this analysis to explore recent and current economic behaviour. They should understand, and be able to analyse and evaluate, macroeconomic policy. 1 hour 15 minutes examination
Name: GCE AS Level in Economics Qualification title: GCE AS Level in Economics Qualification type: GCE A/AS Level or equivalent Assessment Exam Awarding Assessment & Qualifications Alliance Created 20150930 09:32:36 Updated 20151002 13:30:36
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