LINEAR A-LEVEL ECONOMICS

Module 1: Microeconomics You will be required to study a selection of microeconomic models and to apply these to current problems and issues. Microeconomic models such as demand and supply, perfect competition, monopoly, the operation of the price mechanism and the causes of market failure are central to this part of the specification. You will need to demonstrate a realistic understanding of the decisions made by firms and how their behaviour can be affected by the structure and characteristics of the industry in which they operate. Other key models relate to the operation of labour markets, wage determination and causes of inequalities in the distribution of income and wealth.

Module 2: Macroeconomics You will gain a good knowledge of developments in the UK economy and government policies over the past fifteen years. You will study developments in the world economy, including the  European Union, and how these have affected the UK. You should be prepared to propose, analyse and evaluate possible solutions to macroeconomic problems such as high unemployment, high inflation or a Balance of Payments deficit. You will be required to assess the impact and effectiveness of current government policies to deal with these problems, as well as considering alternative policies and approaches.

GCSE 5 grades 9-4 including GCSE English and Mathematics at grade 6.
You must also study A Level Mathematics in combination with this subject.

Economics is a good subject for developing personal transferable skills. It is intellectually robust and of contemporary relevance. It can prepare you for very high-powered jobs that can be rewarding financially and  intellectually. Many economics graduates have excellent, demanding and rewarding jobs.