What do I need?
5 GCSEs at grade C/5 or above, including Mathematics and English Language.
Why Study A Level Economics?
Economics is currently one of the most important aspects of our society as it affects business and the lives of people. It is no surprise therefore those students who study economics are in high demand in the business world; if the economy is today’s biggest problem for business then it is economists that they require. Economics is a well-respected qualification that university and employers hold in high regard.
What will I study?
Paper 1: Concentrates on the microeconomic environment. That of individual firms and consumers. Topics are things such as; Pricing and Competitive markets, Markets, Market Failure and Production.
Paper 2: Concentrates on the macroeconomic environment. That of wider economic issues. Topics include, the National Economy, the flow of income and the economic performance of countries.
The second year of the course develops the concepts from Year One.
Paper 1: Individual economic decision making, the distribution of income & wealth, labour markets, pricing and competitive markets, markets, market failure, government intervention and production.
Paper 2: Financial Markets, Monetary Policy, Fiscal Policy, The national economy, Macroeconomic problems and policy. The flow of income, Economic performance of countries and the international economy.
Where can it lead?
As a subject, Economics lends itself to a wide variety of careers and not necessarily those in finance. Some of the career options you will have include:
• Chartered account
• Investment analyst
• Financial risk analyst
• Management consultant
• Government officer
With an Economics qualification, you can find work in both the public and private sectors for a range of different companies over many different industries. Some people find work in areas including:
• Blue-chip companies
• Charities and voluntary organisations
• Banks and building societies
• Insurance firms