Examination Board     Assessment and Qualifications Alliance (AQA)

Syllabus Number     2140

Assessment Modules for AS

Unit 1 Multiple Choice and Data Response   75 minute examination
Unit 2 Multiple Choice and Data Response   75 minute examination

Assessment Modules for A2

Unit 3 Data Response Questions on the European Union and Global Markets  120 minutes
Unit 4 Data Response Questions on the European Union and Global Markets  120 minutes
 

Course Content
Unit 1 Markets and Market Failure, the Economic Problem, Resource Allocation, Production and Efficiency,

Unit 2  The National Economy, Measuring Economic Performance, Circular flow of income and Aggregate, Demand and Supply, Government Economic Policy.

Unit 3 Business Economics, Business economic objectives, Competitive markets, Concentrated markets, Labour markets

Unit 4  The International Economy, Diagrammatic and statistical measures of economic performance, the International Economy in focus

Why take AS/A2 Economics?
This is a new highly demanding course that uses equal measures of essay writing, mathematical formulae and analysis of diagrams and economic models, and logical thought and evaluation.   You will gain an appreciation of the economy from local levels to the global level.

What is expected of you as a student?
• You will be expected to demonstrate a critical approach to the course and be able to apply knowledge to real life economic situations.  
• You will need to be able to evaluate economic activity in the context of its impacts on society.  
• There is extensive long answer essay writing coupled with mathematical problem solving and a large amount of complex numerical data analysis.   You must have strong mathematical skills.

Career Pathways:
Degrees in Economics, Business Studies, Finance, Accounting, Law, Politics among others. Lucrative careers as an entrepreneur, as well as employment in major banks, pharmaceuticals, marketing and charity organisations.  Governmental work is also an option.   The majority of roles available in “The City” and “Canary Wharf” International work, although studying a second language would be of maximum benefit in this case.