Economics is a fascinating subject because it explores current economic news as well as assessing the impact of high profile events which have shaken the world economy over the last decade. It is the interaction of theory and real world application that makes Economics a vibrant subject. Of course, Economics can also lead to an exciting career.
Economics is integral to day-to-day life, from the affordability of homes, the availability of employment and the structures created by governments to manage markets and provide essential services. This course will not only equip you with a detailed understanding of economic terms, but will allow you to further your existing Mathematics, critical thinking and problem-solving skills. We will be applying theories to existing social, economic and political scenarios, so keeping up to date with current affairs is essential.
You will study supply, demand, interest rates, inflation, unemployment, exchange rates, taxation, the European Union and migration, amongst many other fascinating topics. This course will increase your understanding of economic concepts through focused consideration of contemporary issues and practical examples. Your knowledge of markets, national and international economies and the economics of daily life will also be broadened.
Students with Economics A Level have the ability to progress onto a vast array of higher education degrees, including economics, mathematics and law, as well as employment with an apprenticeship.
- Type of study
- Examination board
Availability & Details
A minimum of five GCSEs at grades A*-C, including English and Mathematics at grade 4 or above.
On this course you will study:
In the first year, you will be introduced to Microeconomics looking at how markets work, how they can fail and what government can do to correct the failure. You will also study Macroeconomics, which assesses the operation of an economy and indicators of economic performance.
- What determines prices?
- Why does the government try to manage the economy?
- How do you measure the size of an economy?
- How does economic activity affect the environment?
- Why do we pay taxes?
In the second year, you will be building on your existing knowledge, you will analyse market structures, the impact of competition and the operation of labour markets. You will also further develop your Macroeconomics knowledge, by focusing on international trade, globalisation and economic development.
- Why do countries trade with each other?
- Should we be concerned if firms such as Apple dominate the market?
- What does growing interdependence and globalisation really mean?
- Why do the top football players and actors earn over £10m a year?
- How does a country escape from poverty?
- Why do economics disagree about austerity measures?
- Should the gap between the rich and poor be narrowed?
The use of digital technology is embedded throughout the College’s curriculum equipping you with skills that are industry-recognised, Cloud based applications for your onward career journey.
The College offers a variety of learning and teaching approaches including lectures, tutorials, studios, workshops, presentations and group discussions.
There are a number of academic enrichment sessions offered outside of the timetabled lesson that help students build on the theory and focus on the real-world application of economics.
You will be assessed by three two-hour written examinations sat in the second year. There are three exam papers, each of which are two hours long. Assessment will be at the end of the course. The exams will consist of case study data, structured essays, data response and multiple choice questions. , The exams will consist of case study data, structured essays, data response and multiple choice questions.
There are lots of people at the college, each studying a diverse range of courses, people from all different areas come to study here, it creates a sense of community, there is a huge social aspect to college life across all courses.Lee Backhouse, BTEC student
The college is a bright and happy place, everyone is kind and friendly to each other.Megan Hall, A Level student
I overcame a couple of barriers by working really hard to get the top grades. My experience was really good, with the course and the lecturers, the residentials and activities, together it was all really good. I had really great teaching support, I could always go to the lecturers and speak to them if I needed to.David Stenning, Public Services student
Students have progressed to Higher Education to complete degrees in economics, actuarial science, business, mathematics and law. Options for progression also include apprenticeships or employment in a relevant industry.
Statistics show that the majority of Economics students obtain employment within six months of graduating.
Analyst, Business Economist, Consumer Advisor, Economist, Economic Policy Researcher, Health Economist, Teacher, Trade Analyst, Transport Economist