ECONOMICS

EXAM BOARD: EDEXCEL – COURSE CODE: 9EC0

ENTRY REQUIREMENTS

To study A-Level Economics you will need: 

Grade 6 in Mathematics

Grade 6 in English and 6 in English Literature

To prepare for the course you should ensure you can find percentages, use index numbers, draw and interpret graphs. If you are interested in studying economics we would also suggest you regularly watch the news, visit the BBC website every day and read newspapers such as the Guardian, Times and Financial Times. 

OVERVIEW OF COURSE

The Pearson Edexcel Level 3 Advanced GCE in Economics A is structured into four themes and consists of three externally examined papers, 2 hours per paper. 

Students build knowledge and understanding of core economic models and concepts in Themes 1 and 3, covering Markets and Business Behaviour (Microeconomics), which is Paper 1 and then build on this and apply their knowledge to more complex concepts and models in Themes 2 and 4, covering the National and Global Economy (Macroeconomics), which is Paper 2. Paper 3 is the combinations of both Microeconomics and Macroeconomics 

Students will need to apply their knowledge and understanding to both familiar and unfamiliar contexts in the assessments and demonstrate an awareness of current economic events and policies. 20% of the assessment for each paper is based on numerical questions.

The four themes are:

Theme 1:  Introduction to markets and market failure

Theme 2:  The UK economy – performance and policies

Theme 3:  Business behaviour and the labour market

Theme 4:  A global perspective

This is an excellent subject for the numerate, literate and able student. It combines well with most subjects, although we would not generally advise students to take both Economics and Business Studies. GCSE Maths is needed, not because of any formal mathematical content, but as an indication of analytical ability. Economics can form the basis of many different university courses or careers. It is a qualification respected by university admissions tutors as an indication of analytical ability. It can be a complement to other A levels in the Sciences, Social Sciences or Humanities and may lead to degree courses in any discipline.   

FUTURE PATHWAYS

Economics can form the basis of many different university courses or careers. It is a qualification respected by university admissions tutors as an indication of analytical ability. It can be a complement to other A levels in the Sciences, Social Sciences or Humanities and may lead to degree courses in any discipline.   

Economics opens many doors to degrees not just in Economics but in a wide range of disciplines from Maths, to Business or Politics. Students of Economics are adaptable and can transfer skills to any degree that they choose.

There is a broad range of career paths that Economics students can pursue. For example studying Economics can take you to the civil service, who offer fast track schemes for Economics students. Other career areas include government, business, journalism, teaching and lecturing.

EMPLOYABILITY SKILLS

  • Clear communication
  • Understanding of the market place and wider world
  • Ability to write reports and interpret events
  • Ability to forecast and project
  • Analytical skills
  • Numeracy skills