Economics A Level
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Gain a vision of the wider economic picture - be it in the UK’s political domain or internationally. You’ll cover topics such as understanding markets and how the economy is managed, as well as industrial economics and their effects on labour markets.
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Pre-requisites
None
Qualification
‘A’ Level in Economics
Specification
AQA A-Level Economics (2140)
Support and benefits
Flexible terms times
Stepped learning approach
Access to a dedicated tutor and student advisors to guide you through your studies
Access to the ICS online Student Community, allowing you to interact with other students and browse our resource library
A Level Economics Key Topics
Unit 1 - Economics: Markets and Market Failure
The Economic Problem
The Allocation of Resources in Competitive Markets
Production and Efficiency
Market Failure
Government Intervention in the Market
Unit 2 - Economics: The National Economy
The Measurement of Macroeconomic Performance
How the Macroeconomy Works: AD/AS Analysis, the Circular Flow of Income, and Related Concepts
Economic Performance
Macroeconomic Policy
Unit 3 - Economics: Business Economics and the Distribution of Income
The Firm: Objectives, Costs and Revenues
Competitive Markets
Concentrated Markets
The Labour Market
Government Intervention in the Market
Unit 4 - Economics: The National and International Economy
Macroeconomic Indicators
Managing the National Economy
The International Economy
A Level Biology Course Code
H05
Technical Requirements
None
ICS Support Period
18 months
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AS Examinations
Unit 1 – ECON1 Economics: Markets and Market Failure
50% of AS, 25% of A Level
1 hour 15 minutes examination
75 marks
Section A: 25 compulsory objective test items (25 marks)
Section B: Two optional data response questions are set; candidates answer one. (50 marks)
Available January and June
Unit 2 – ECON2 Economics: The National Economy
50% of AS, 25% of A Level
1 hour 15 minutes examination
75 marks
Section A: 25 compulsory objective test items (25 marks)
Section B: Two optional data response questions are set; candidates answer one. (50 marks)
Available January and June
A2 Examinations
Unit 3 – ECON3 Economics: Business Economics and the Distribution of Income
25% of A Level
2 hour examination
80 marks
Section A: Two optional data response questions are set; candidates answer one. (40 marks) One question will always relate to the global context and the other to the European Union context.
Section B: Three optional essay questions are set; candidates answer one. (40 marks)
Available January and June
Unit 4 – ECON4 Economics: The National and International Economy
25% of A Level
2 hour examination
80 marks
Section A: Two optional data response questions are set; candidates answer one. (40 marks) One question will always relate to the global context and the other to the European Union context.
Section B: Three optional essay questions are set; candidates answer one. (40 marks)
Available January and June
