ECONOMICS A LEVEL AND AS LEVEL
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Economics
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
Tutors
BSc (UCL), MSc (Bristol)
David Shreir
BSc (UCL), MSc (Royal Holloway), PGCE (Institute of Education, London)
Marcus Feldman
BA (UWE), MSc (LSE), PGCE (IOE)
Sara Meeajan
BSc (Aston), MSc (SOAS), PGCE (IOE, UCL)
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