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Economics

Subject leader and contact

Emma McConnell : Head of Business Studies

emcconnell@cambournevc.org

Qualification

A Level Economics

OCR - H460

Entry Requirements

 5 in English Language and a 6 in GCSE Maths 

Why study Economics?

By studying A Level Economics you will develop a broad range of skills applicable to your future life and career. This includes an understanding of the key economic factors which influence the world in which we live as well as the ability to analyse economic data.  

Where can it lead?

Students who study A Level Economics often go onto university to read Economics or a related subject, such as PPE, Accounting and Finance, or Business. Other students progress onto apprenticeships or employment with this highly-valued A Level.

Economics Extras

There are numerous documentaries and reading materials available that allow students to explore economics in a greater depth. More information on these will be provided as part of the course induction.

Course Content

As part of the economics course you will learn how to explain and evaluate economic problems and possible solutions. You will acquire a way of thinking as an economist and develop a logical approach to reasoning.

As part of the course you will study: 

Component 1: Microeconomics

  • Introduction to microeconomics 
  • The role of markets 
  • Business objectives 
  • Market structures 
  • The labour market

Component 2: Macroeconomics

  • Aggregate demand and aggregate supply 
  • Economic policy objectives 
  • Implementing policy 
  • The global context 
  • The financial sector

Component 3: Themes in Economics
You will draw together your knowledge and skills to answer questions from across all content areas.

At the end of the course you will complete three two hour written exams, based on the components above, each equivalent to 33.3%