Award Crest
York College

 

Entry requirements

A minimum of 2 grade Bs and 4 grade Cs at GCSE including GCSE English Language (grade 5). A grade B (grade 5) in Maths and a B in either English Language (grade 5), English Literature (grade 5), History or Religious Studies is required.

Duration

Two years.

What will I study?

The course is split into two distinct areas:

Individuals, firms, markets and market failure

The economic problem and economic methodology
Individual economic decision making
Price determination in a competitive market
Production, costs and revenue
Perfect competition, imperfectly competitive markets and monopoly
The labour market
The distribution of income and wealth: poverty and inequality
The market mechanism, market failure and government intervention in markets

And

The national and international economy

The measurement of macroeconomic performance
How the macroeconomy works: the circular flow of income, AD/AS analysis, and related concepts
Economic performance
Financial markets and monetary policy
Fiscal policy and supply-side policies
The international economy

Course combinations

Economics combines well with Maths, Business Studies and the Social Sciences.

Assessment

Paper 1: Markets & Market Failure

2 hour exam, one data response question and one essay.

Paper 2: National & International Economy

2 hour exam, one data response question and one essay.

Paper 3: Economic Principles and Issues

2 hour exam, 30 multiple choice questions and one case study question.

What could it lead to?

The course will prepare you for higher education economics courses or can form a component of a joint degree with a wide range of other subjects. Possible careers could include working in financial markets, business management and corporate law.

Need some help?

If you have any further questions about this course, or would like us to help you with your application, please contact the Schools Liaison team on 01904 770239 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

Whilst every effort has been made to ensure the accuracy of the information contained in this webpage, the content is subject to change where necessary.

100% Achievement in 2016.

 

1366-1422-293

1366 - Rachel Mo Economics
callum-beaumont

Callum Beaumont

Formerly of Malton School
A Level Economics

“I enjoyed Economics as I like how I can relate what we learnt to real recent world issues. The tutors were fantastic and they made the lessons interesting. Economics is very easy to revise for as the exams are clear on what you need to know and this really suited my learning style as it allowed me to focus more on exams.”

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