A LEVEL

Economics A-Level

What is the Economics A-Level Course?

Economics is the study of scarcity, and concerns the allocation of society’s scarce resources amongst their many competing uses; it looks at the way the world works.

What Will You Study?

• The operation of markets and market failure
• Economic methodology and the economic problem
• Price determination in a competitive market
• Production, costs and revenue
• Competitive and concentrated markets
• The market mechanism, market failure and government intervention in markets
• The national economy in a global context
• The measurement of macroeconomic performance
• How the macro economy works: the circular flow of income, AD/AS analysis, and related concepts
• Economic performance
• Macroeconomic policy

What Next?

Economics is a highly versatile subject that could provide many different career pathways. Many students decide to study the subject at university, and from there go on to work as economists in various fields such as with the Bank of England, the CBI, accountancy firms, in economic ‘think-tanks’, for example, the Institute of Fiscal Studies, in charitable organisations, in multinational corporations, or in government departments.

Economics A Level students are also very well-prepared for the workplace, with many taking up apprenticeship schemes, such as in accountancy or project management in firms such as BAE Systems and Rolls Royce.

Exam Board

AQA

Entry Requirements

At least two 5s and three 4s at GCSE, including at least a 6 in Maths and a grade 5 in English Language.

Course Type

A-Level

What other subjects go well with this?

Maths, Business Studies, Geography, History, Politics, Accounting, English and a range of science subjects.