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Economics (Edexcel)

A LEVEL-Edexcel- Economics A

The A level specification is structured into four themes. In this structure students are introduced to core economic concepts and principles and develop an understanding of microeconomic and macroeconomic issues, before building on this core knowledge and understanding to consider more complex issues and wider contexts.

In this thematic approach, progression is continuous as students develop their knowledge and understanding throughout the course of study. Students use economic models to help them understand the complexities of the world around them, and use data to help them analyse markets and economies, and how governments try to influence both. Students are introduced to different perspectives, aspects of economic history and develop an understanding of economic issues.

AS Economics

Theme 1

Theme 2

Introduction to markets and market failure

The UK economy –

Performance and policies

1.1 The nature of economics

1.2 How markets work

1.3 Market failure

1.4 Government intervention

2.1 Measures of economic performance

2.2 Aggregate demand

2.3 Aggregate supply

2.4 National income

2.5 Economic growth

2.6 Macroeconomic objectives and policy

Assessment

Paper 1- Assessing theme 1 – 1 hour 30 min paper- 50% of AS level

Paper 2- Assessing theme 2 – 1 hour 30 min paper- 50% of AS level

 

 

A2 Economics

Theme 3

Theme 4

Business behaviour and the labour

market

A global perspective

3.1 Business growth

3.2 Business objectives

3.3 Revenues, costs and profit

3.4 Market structures

3.5 The labour market

3.6 Government intervention

4.1 International economics

4.2 Poverty and inequality

4.3 Emerging and developing

economies

4.4 The financial sector

4.5 Role of the state in the macroeconomy

Assessment

Paper 1- Assessing theme 1 and 3- 2 hour paper- 35% of A level

Paper 2- Assessing theme 2 and 4- 2 hour paper- 35% of A level

Paper 3- Assessing all themes- 30% of A level

 

 

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