(Economics AS is structured into 2 themes and consists of 2 externally examined papers. Theme 1: Introduction to Markets and Market Failure Students will develop an understanding of: The nature of economics, How markets work, Market Failure and Government intervention. Theme 2: The UK Economy - performance and policies Students will develop an understanding of: Measures of economic performance, Aggregate demand, Aggregate supply, National Income, Economic growth and Macroeconomic objectives and policy Economics A level is structured into 4 themes and consists of 3 externally examined papers. Students build knowledge and understanding of core economic models and concepts in Themes 1 and 2, and then build on this and apply their knowledge to more complex concepts and models in Themes 3 and 4. Theme 1: Introduction to Markets and Market Failure. Students will develop an understanding of: The nature of economics, How markets work, Market Failure and Government intervention. Theme 2: The UK Economy - performance and policies. Students will develop an understanding of: Measures of economic performance, Aggregate demand, Aggregate supply, National Income, Economic growth and Macroeconomic objectives and policy. Theme 3: Business behaviour and the labour market This theme develops the concepts introduced in Theme 1 and focusses on business economics. Students will develop an understanding of: Business growth, Business objectives, Revenue, costs and profits, Market structures, Labour market and Government intervention. Theme 4: A global perspective This theme develops the concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of: International economics, Poverty and inequality, Emerging and developing economies, The financial sector and the role of the state in the economy.)
Name: Economics Qualification title: GCE A Level in Economics A Qualification type: GCE A/AS Level or equivalent Assessment Awarding Pearson Education Ltd (Formerly EDEXCEL) Created 20161020 13:18:38 Updated 20161020 13:18:38
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