This A Level introduces students to economics through building knowledge of core microeconomic, macroeconomic and business concepts. Students then apply this knowledge to business contexts in the assessments at the end of each year. Students study 4 themes over a two year programme of study: Theme 1: Markets, Consumers and Firms Scarcity, choice and potential conflicts Enterprise, business and the economy Sources and methods of finance Introducing the market Market failure and government intervention Revenues, costs, profit and cash Theme 2: The Wider Economic Environment Business growth and competitive advantage Marketing and elasticities of demand Increasing business efficiency Life in a global economy The economic cycle Introduction to macroeconomic policy Theme 3: The Global Economy Globalisation Business expansion Global marketing Multinational corporations Global labour markets Inequality and redistribution Theme 4: Making Markets Work Competition and market power Market failure in business Market failure across the economy Macroeconomic policies and impact on firms and individuals Risk and financial sector There is no coursework in this A Level. It is 100% examination assessed at the end of Year 13. Students are encouraged to join the Career Ready Programme which provides them with a business mentor, skills for career success and a 4-6 week paid internship.
Name: Economics A Level Qualification title: Economics A Level Qualification type: GCE A/AS Level or equivalent Assessment Awarding - Created 20161018 10:23:27 Updated 20161025 07:40:40
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All Hallows Catholic College
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Brooklands Avenue Town: Macclesfield