What you will study:
Unit 1: Competitive Markets – How they work and why they fail.
This unit includes – What is the nature of economics, how prices are determined, why prices change, why markets fail and what does the government do to try and correct the problem.
Unit 2: Managing the Economy
This unit includes – Measuring economic performance, determining the main objectives of any government ie low inflation, low unemployment, growth and successful trade and the mechanisms the government uses to achieve these objectives.
Who is the course for?
This course is for students who have an enquiring mind, an interest in what is happening in the economy, politics and business. You will develop an appreciation of the contribution economics makes to the wider social and economic environment. The course is for students who want to develop the skills, qualities and attitudes that will equip them for the challenges, opportunities and responsibilities of adult and working life.
Five higher grade passes (A*-C) including a Merit at Level 2 in any BTEC subjects.
How you will be assessed
AS Economics consists of two examinations each lasting 1 hour 30 minutes.
Economics is rightly considered to be an academic A level and highly regarded by all universities. The skills that students learn whilst studying Economics make them some of the most sought after students in the country. Economics students often go on to be economists for top companies, lawyers, bankers, accountants and finance directors.