Economics

Subject teacher: Mr Joe FitzGerald
Level of teaching: Key Stage 5

Key Stage 3 (Years 7-9)

This course is not studied at Key Stage 3.

Key Stage 4 (Years 10-11)

This course is not studied at Key Stage 4.

Key Stage 5 (Years 12-13)

Course Code: A Level Economics AQA 7136
Exam Board Specification:https://www.aqa.org.uk/subjects/economics/as-and-a-level/economics-7135-7136

Recommended Entry Requirements

• Grade 6 GCSE Mathematics and Grade 5 GCSE English
• A genuine interest in the application of economic principles to the world around us.

Why Economics?

Economics is the study of how people, businesses, and governments make choices in the allocation of our economy’s scarce resources. Studying economics will equip you to apply economic theory to support analysis of current economic problems and issues, such as solving climate change, the gender pay gap, Government spending and debt, etc.

You will develop the knowledge and skills needed to understand and analyse data, think critically about issues, and make informed decisions. You will also build upon your quantitative skills and appreciate that, when evaluating arguments, both qualitative and quantitative evidence are important.

Assessment

Three written papers worth 33.3% each

Recommended Reading

AQA A level Economics Book 1 and Book 2 by Powell and Powell
CGP A level Economics AQA – Complete Revision and Practice

Extra & Super Curricular

It is essential that students expose themselves to as many sources of economic theory, with many books and films that will help grow their understanding, such as The Big Short or ‘23 Things they don’t tell you about Capitalism’ by Ha-Joon Chang.

Students will have the opportunity to enter the Financial Times/Bank of England Blog Competition and the RES Essay Competition.

For more information on this course, the subject requirements and specification, click here.

Economics News