ECONOMICS A LEVEL AND AS LEVEL

“One of the top private sixth form colleges in London, backed up by results”

Economics

Economics is an academically rigorous and rewarding subject at Westminster Tutors, which deals with society’s scarce resources and how they should be allocated. The study of Economics is current and continually changing with the world in which we live. Students learn about how individuals and businesses make decisions, and how policies can be adopted to improve the national and global economy, as well as developing skills such as research, analysis, evaluation and problem-solving.

Course outline

Theme 1 - Introduction to markets and market failure

  • Nature of economics
  • How markets work
  • Market failure
  • Government intervention

Theme 2 - The UK economy - performance and policies

  • Measures of economics performance
  • Aggregate demand
  • Aggregate supply
  • National income
  • Economic growth
  • Macroeconomic objectives and policies

Theme 3 - Business behaviour and the labour market

  • Business growth
  • Business objectives
  • Revenues, costs and profit
  • Market structures
  • Labour market
  • Government intervention

Theme 4 - A global perspectiveBusiness behaviour and the labour market

  • International economics
  • Poverty and inequality
  • Emerging and developing economies
  • The financial sector
  • Role of the state in the macroeconomy

Assesment

AS level

Paper 1: Introduction to markets and market failure

  • Assessment of topics from across theme 1
  • 80 marks
  • 1 hour 30 minutes written paper
  • 50% of total AS level

Paper 2: The UK economy – performance and policies

  • Assessment of topics from across theme 2
  • 80 marks
  • 1 hour 30 minutes written paper
  • 50% of total AS level

A level

Paper 1: Markets and business behaviour

  • Assessment of topics from across themes 1 and 3
  • 100 marks
  • 2 hours written paper
  • 35% of total A level

Paper 2: The national and global economy

  • Assessment of topics from across themes 2 and 4
  • 100 marks
  • 2 hours written paper
  • 35% of total A level

Paper 3: Microeconomics and Macroeconomics

  • Assessment of topics from across all four themes
  • 100 marks
  • 2 hours written paper
  • 30% of total A level

Specification

Although we offer all exam boards as our courses are individually designed, our chosen specification is Edexcel Economics A (8EC0 and 9EC0).

Tutors

David Shreir
BSc (UCL), MSc (Royal Holloway), PGCE (Institute of Education, London)

Frank Rose
MA (Cambridge), MBA (London Business School)

Why Choose Westminster Tutors?

  • Top independent sixth form college
  • In 2020 A levels 68% A*-A and 92% A*-B
  • In 2020 72% placed at Russell Group unis
  • Ofsted ‘Outstanding’ across the board
  • Superbly qualified teachers who care
  • Average A level retake improvement is 2.4 grades
Student studying for her A-Levels

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About Us

Westminster Tutors is one of the oldest and best independent sixth form colleges in London. Established in 1934, our “culture of scholastic excellence” (Ofsted, 2018) is deeply embedded and sets the standard for other colleges to follow.

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