Economics GCSE

The course

Economics is concerned with the allocation of scarce resources to meet needs and wants, and with the behaviour of consumers, producers and governments. It includes the study of how markets work, and what happens when they fail to allocate resources efficiently; the distribution of incomes and wealth; and national economic objectives and the various policies used by governments to try to achieve them. Economics complements subjects such as Mathematics, History, Geography and Business Studies.

Students receive 3 hours of tuition per week. Coverage of the subject material dominates the Autumn and Spring terms; the Summer term focuses on revision and exam technique.

How is the course assessed?

Unit 1 · Personal  Economics

1 hour 15 minute exam, 50% weighting

This unit aims to equip students with the basic tools of the economist to help them understand their place in and contribution to the local, national and global economies as consumers, workers and citizens.

Unit 2 · Investigating  Economic Issues

1 hour 15 minute exam, 50% weighting

In this unit, students will further develop their under- standing of economic concepts and theories and then apply them to a range of economic issues. Two special topics for investigation are selected each year.


AQA Economics GCSE
By Horner and Madgett
Published by Nelson Thornes, ISBN 9781408504345

Exam Board and Specification Codes

AQA Economics 4135 (legacy)