| Economics |
AS
& A2 Level
|
Economics
is a very interesting whilst challenging subject investigating economic
and business issues on the cutting edge of today's modern economies throughout
Europe. Students have the opportunity to apply economic theory to real
issues that affect us all. A number of modules are studied to ensure a
variety of quality and interesting issues are discussed. All students
are provided with up to date syllabus specific course notes and topical
articles from a variety of quality publications. 
This
allows students to focus in lessons on listening and discussing issues
whilst knowing that they are in possession of the entire necessary course
materials. This is complemented with the frequent use of up
to date video and audio material. Visits to lectures by leading entrepreneurs, politicians and examiners are also a feature of the course.
The first module "The Market System" investigates the objectives of and effects on, consumers and businesses of various types of market structure. In particular, we look at how firms and individuals behave in terms of spending and investment change in response to market conditions. The second module "Market Failure" examines why markets do not produce optimal outcomes if the free market is left to its own devices.
The National Economy investigates issues including unemployment, inflation, economic growth and the balance of payments. In particular, we look at the importance of maintaining stable exchange rates for the development of business and consumer confidence. Also, we ask just how important is the 'feel good factor' in our economy; can it really make a difference?
Economics of the labour market looks at how wages are determined in labour markets including the effects of a national minimum wage on the UK labour market. We also examine how the government can reduce the inequality in the distribution of income. The course also asks whether it is possible to achieve full employment, and if so, what the consequences of achieving this would be.
European economics - Requires students to take their knowledge and skills acquired throughout the course and apply them in a European context. Students are expected to think like "economists" .We also examine new concepts including European policy on competition, agriculture and the single currency.
Assessment is by examination in the AS modules where candidates answer a series of structured questions based on an unseen case study. At A2 candidates also answer structured questions on a case study, but are also required to answer one essay from a choice of three.
This
allows students to focus in lessons on listening and discussing issues
whilst knowing that they are in possession of the entire necessary course
materials. This is complemented with the frequent use of upto date video and audio material. Visits to lectures by leading entrepreneurs, politicians and examiners are also a feature of the course.
The first module "The Market System" investigates the objectives of and effects on, consumers and businesses of various types of market structure. In particular, we look at how firms and individuals behave in terms of spending and investment change in response to market conditions. The second module "Market Failure" examines why markets do not produce optimal outcomes if the free market is left to its own devices.
The National Economy investigates issues including unemployment, inflation, economic growth and the balance of payments. In particular, we look at the importance of maintaining stable exchange rates for the development of business and consumer confidence. Also, we ask just how important is the 'feel good factor' in our economy; can it really make a difference?
Economics of the labour market looks at how wages are determined in labour markets including the effects of a national minimum wage on the UK labour market. We also examine how the government can reduce the inequality in the distribution of income. The course also asks whether it is possible to achieve full employment, and if so, what the consequences of achieving this would be.
European economics - Requires students to take their knowledge and skills acquired throughout the course and apply them in a European context. Students are expected to think like "economists" .We also examine new concepts including European policy on competition, agriculture and the single currency.
Assessment is by examination in the AS modules where candidates answer a series of structured questions based on an unseen case study. At A2 candidates also answer structured questions on a case study, but are also required to answer one essay from a choice of three.
AS
level
A-level
OCR