The Westwood Academy

Economics

Taught at The Westwood Academy & Kenilworth Sixth Form

 

Exam Board: OCR

Assessment Method: 100% Examination

Why Should I Follow This Course?

Simply want to know why we have to make choices? Or why petrol is so expensive? Are you interested in why some people are rich and others not? Or why China will soon be the most powerful country in the world? A-Level Economics aims to provide an insight into key issues in the news affecting everyday life. Our goal is to allow you to develop informed opinions and understand the forces that drive up interest rates, prices, exchange rates and unemployment in an economy. A-Level Economics is a suitable subject choice alongside Business Studies, History, Geography, World Development, Sociology and Psychology.

What Teaching and Learning Methods Will Be Used?

A level Economics mixes traditional classroom teaching and learning with the requirement for independent curiosity and motivation to discover how the world really works. Classroom lessons will involve individual, paired and group work opportunities, independent research, analysis of the real world and existing business issues and the use of ICT. Independent curiosity drives home learning, with the need to access current affairs and news stories to apply economic theory to the modern world.

What Will I Learn?

AS Level Microeconomics – scarcity and choice, how competitive markets work, market failure and government intervention Macroeconomics – economic policy objectives, demand and supply, application of policy instruments, the global context. A level Microeconomics – the above plus competition and power, labour market. Macroeconomics – the above plus the financial sector. Themes in economics – economics in the ‘real world’.

Where Will This Qualification Take Me?

Economics continues to be viewed as a rigorous and testing A-level, being well regarded by higher education institutions. Economics can lead into many career areas. Statistics show that economists obtain employment within six months of graduating. The jobs they get are many and varied, although with an emphasis on the finance sector, management, marketing, human resources, IT and education.

Entry Requirements:

GCSE Maths Grade 6