The study of Economics has never been more relevant. Economics at A level encourages students to: appreciate the contribution of economics to the understanding of the wider economic and social environment; develop an understanding of a range of concepts and an ability to use these concepts in a variety of different contexts; use an enquiring, critical and thoughtful approach to the study of economics and develop the ability to think as an economist. This in turn allows the development of skills, qualities and attitudes that will equip them for the challenges, opportunities and responsibilities of adult and working life.
Markets in Action
The reasons for individuals, organisations, and societies having to make choices
Competitive markets and how they work
Market failure and government intervention.
The National and International Economy
Aggregate demand and aggregate supply and their interaction
Government economic policy objectives and indicators of national economic performance
Application of macroeconomic policy instruments; and the international economy.
A Level Units
Economics of Work and Leisure
Nature of work and leisure and trends in employment and earning
Market structures and competitive behaviour in leisure markets
Labour demand, supply and wage determination; and Market failure.
Transport trends and the economy
Market structures and competitive behaviour in transport markets
Market failure and the role of intervention in transport markets and transport economics and government policy.
The Global Economy
Trade and Integration
Development and sustainability
The economics of globalisation.