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You will be expected to take an active interest in current affairs, want to learn about why the economy works in the way it does, debate issues, research evidence and be prepared to argue about relevant topics. Economics will also test your ability to analyse problems, issues and situations. You will be required to interpret and present information clearly and logically in appropriate written, numerical, diagrammatic forms and demonstrate the use of information technology in the sourcing of data and presentation of material.
Two mandatory AS units: Markets in Action Mandatory and The National & International Economy. You will gain an understanding of both microeconomics and macroeconomics and be able to answer questions such as: Should nurses be paid more than footballers? Why are prices higher in the UK compared to the USA? Should the Government spend more money on the NHS?
Two further A2 units: Economics of Transport and The Global Economy. You will be able to apply your understanding to relevant topical economic issues, such as: should we have to pay to use motorways? Should we give aid to developing countries? Should the UK join the Single Currency? Should taxes on flying be increased? How will the new government reduce the level of government borrowing?
Final assessment in both AS papers is a one and a half hour exam. Final assessment in both A2 papers is a two-hour exam. The Global Economy unit is examined through the use of a pre-released stimulus material. There is no coursework in Economics.
What could I go on to do at the end of my course?
Students with AS or A level Economics have access to a wide range of possible career and higher education opportunities. Economics combines well with a range of social science and humanities subjects to lead to university courses in such areas as law, business, accounting, politics, banking, finance and, of course, economics.