AS/A2 GCE ECONOMICS (AQA/LEVEL 3)
Course Overview
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AS Units
AS Unit 1: Markets and Market Failure
The economic problem, the allocation of resources in competitive markets, production and efficiency, market failure and Government intervention in the market.
AS Unit 2: 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 and macroeconomic policy.
A2 Units
Unit 3: Business Economics and the Distribution of Income
The firm: objectives, costs and revenues, competitive markets, concentrated markets, the labour market and Government intervention in the market.
Unit 4: The National and International Economy
Macroeconomic indicators, managing the national economy and the International economy.
Entry Requirements
A minimum of 5 GCSE A*-C including English and Mathematics at grade B.
Course Duration
1 – 2 Years
Assessment Method
One examination to be sat January and one examination in June of each year of study. Unit 1 50% of AS, 25% of A2, Unit 2 50% of AS, 25% of A2, Unit 3 25% of A2 and Unit 25% of A2
Examination Details
Unit 1 – 1 hour and 15 minutes – January (50% of final AS grade/25% of A2 grade)
Unit 2 – 1 hour and 15 minutes – June (50% of final AS grade/25% of A2 grade)
Unit 3 – 2 hours – January (25% of final A level grade
Unit 4 – 2 hours – June (25% of final A level grade)
Extension Activities and where to find them
All students should be able to access the lesson resources and other relevant materials which are placed on the P: Drive.
Where to get extra support
Students should watch the news on television, to read reputable newspapers (not tabloids) and to keep up to date with economics topics on the BBC website or other reputable websites. It may be beneficial to read Economics books and journals based on topics studied, borrow books from the library to gain a broader knowledge and to read journals like the Economist. Websites and other materials will be referred to in lessons for students to continue to research in their own time.
Catch Up Classes
Lunchtime revision sessions can be arranged with the teacher. After school revision sessions can be arranged with the teacher. Easter Holiday Revision Sessions
Revision Websites
www.bbc.co.uk/schools/gcsebitesize/business
www.businessstudiesonline.co.uk
www.bized.co.uk
www.tutor2u.net
Reading Lists
AQA Economics AS, Jim Lawrence, Nelson Thornes, ISBN 978-0-7487-9964-0
The Economist Magazine
Economic Review
<needs updating>
AS Units
AS Unit 1: Markets and Market Failure
The economic problem, the allocation of resources in competitive markets, production and efficiency, market failure and Government intervention in the market.
AS Unit 2: 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 and macroeconomic policy.
A2 Units
Unit 3: Business Economics and the Distribution of Income
The firm: objectives, costs and revenues, competitive markets, concentrated markets, the labour market and Government intervention in the market.
Unit 4: The National and International Economy
Macroeconomic indicators, managing the national economy and the International economy.
Entry Requirements
A minimum of 5 GCSE A*-C including English and Mathematics at grade B.
Course Duration
1 – 2 Years
Assessment Method
One examination to be sat January and one examination in June of each year of study. Unit 1 50% of AS, 25% of A2, Unit 2 50% of AS, 25% of A2, Unit 3 25% of A2 and Unit 25% of A2
Examination Details
Unit 1 – 1 hour and 15 minutes – January (50% of final AS grade/25% of A2 grade)
Unit 2 – 1 hour and 15 minutes – June (50% of final AS grade/25% of A2 grade)
Unit 3 – 2 hours – January (25% of final A level grade
Unit 4 – 2 hours – June (25% of final A level grade)
Extension Activities and where to find them
All students should be able to access the lesson resources and other relevant materials which are placed on the P: Drive.
Where to get extra support
Students should watch the news on television, to read reputable newspapers (not tabloids) and to keep up to date with economics topics on the BBC website or other reputable websites. It may be beneficial to read Economics books and journals based on topics studied, borrow books from the library to gain a broader knowledge and to read journals like the Economist. Websites and other materials will be referred to in lessons for students to continue to research in their own time.
Catch Up Classes
Lunchtime revision sessions can be arranged with the teacher. After school revision sessions can be arranged with the teacher. Easter Holiday Revision Sessions
Revision Websites
www.bbc.co.uk/schools/gcsebitesize/business
www.businessstudiesonline.co.uk
www.bized.co.uk
www.tutor2u.net
Reading Lists
AQA Economics AS, Jim Lawrence, Nelson Thornes, ISBN 978-0-7487-9964-0
The Economist Magazine
Economic Review