Economics helps you understand how best to make use of the world’s scarce resources. It plays a big part in politics and society and will help you understand the decisions made by individuals, businesses and governments. You study how the UK and international economies work and the implications of government decisions. You will also study the psychology behind individual decision making.
Economics will improve your analytical, evaluative and critical thinking skills and is a subject which is well respected by universities.
Students studying three A Levels and/or AAQs will be expected to have a minimum of two GCSEs at grade 5 and three at grade 4, including English Language and Mathematics.
Students studying four A Levels will be expected to have a minimum of six GCSEs at grade 7, 8 or 9 including English Language and Mathematics at grade 6 or above.
Supply, demand and how prices are determined
Decision making by individuals, firms and governments
Jobs, unemployment and inequality
Sustainable economic growth
Prices and inflation
Developing and emerging economies
Global trade
Economics has two major components:
Microeconomics looks at decisions that affect individuals such as how much they earn and how they choose to spend it. We examine individual markets such as the labour market, the market for oil or the market for soft drinks; we look into how these markets sometimes fail and the reasons why governments intervene with policies such as taxes, subsidies and legislation.
Macroeconomics looks at what governments can do to help generate more money in the economy, to reduce the number of people unemployed and to encourage international trade and we will look at the policies and tools the government can use to support the economy such as fiscal policy and monetary policy.
All assessments are completed via examination at the end of the second year. There are three exams of two hours each and the format is a combination of multiple choice, data response and extended written question.
Exam Board: AQA
All A Level Economics students will have the opportunity to gain Microsoft qualifications in MS Office applications including Excel, PowerPoint, Outlook and Word. These practical skills are highly sought after and valued by employers.
Students will also have the opportunity to attend talks by external speakers from a range of different employers and organisations such as Bolton Council and The Bank of England. Visits to local universities will also be available to students to help them with planning their next steps.
Students have the opportunity to complete a one-week work placement or live-brief in the Summer term.
You will receive a high quality learning experience in A Level Economics. Students who succeed on this course have gone onto study it in some form at university, including Cambridge and Oxford and have also been part of The Sixth Form’s Honours Programme. In addition, you can expect additional tutorials and 1:1s, interactive engaging varied lessons, homework is never boring and likely to feature a little Netflix now and again. A Level Economics is regarded as a highly academic subject and is well respected by employers and universities alike.
Economics can lead to a variety of careers in: financial or management consultancy, investment banking, accounting, the
legal profession, retail, distribution, politics and local government as well as journalism. Economics graduates are, on average, amongst the highest income earners nationally.
A high standard of mathematics is required to study Economics at university. Therefore, students studying A Level Economics without A Level Mathematics will study Core Mathematics to support them in this area.
You will also need to have a keen interest in current affairs and will be encouraged to keep up with both national and international economic & political news.
Studying:
A Level Economics, Mathematics, Further Mathematics and Honours Programme with EPQ
Previous school:
St Mary’s Catholic High School
Students from The Sixth Form Bolton are celebrating securing their first-choice universities and
Exceptional Achievement for Young Rugby Stars Jack Lightbown, aged just 17, was recently selected
Former Sixth Form Bolton student, Claire Taylor, joined us from her studies at University of Bath
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