Economics A level
Entry requirements
- GCSE Maths Grade 6 or above
- GCSE English Language Grade 6 or above
Course outline
Edexcel Level 3 Advanced GCE in Economics A (9ECO)
Theme 1: Introduction to Markets and Market Failure
This theme focuses on microeconomic concepts. Students will develop an understanding of:
• nature of economics
• how markets work
• market failure
• government intervention
Theme 2: The UK Economy-performance and policies
This theme focuses on macroeconomic concepts. Students will develop an understanding of:
• measures of economic performance
• aggregate demand
• aggregate supply
• national income
• economic growth
• macroeconomic objectives and policy
Theme 3: Business behaviour and the labour market
This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. Students will develop an understanding of:
• business growth
• business objectives
• revenues, costs and profits
• market structures
• labour market
• government intervention.
Theme 4: A Global perspective
This theme develops the macroeconomic 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
• role of the state in the macroeconomy
How will I be assessed?
3 exam papers at the end of Year 13
Paper 1 – Markets and Business Behaviour
a. Multiple choice and short written answers
b. Case study-calculations and written answers
c. Choice of 2 essay questions
Paper 2 – National and Global Economy
Same format as Paper 1
Paper 3 – Micro and macroeconomics
Case study and section A &B with longer written answers
required
Future opportunities
Economics graduates are routinely in the highest top 3 future income earners. All of the larger UK and
international companies employ economists and the skillset required to succeed adapts to any role
requiring a high degree of literacy and numeracy. Economics A Level is a well regarded qualification,
accepted by Oxbridge, Russell group universities and employers.
Who to speak to for more information:
Mrs Rachel Bloomfield, r.bloomfield@kwschool.co.uk