AS Level Economics
- Week 1: Monday 27 March – Friday 31 March
- Week 2: Monday 3 April – Friday 7 April
- Week 3: Monday 10 April – Friday 14 April
Length of Course
9am to 1pm daily
The course examines key topic areas and extensive use is made of exam-based questions to illustrate relevant principles and examination techniques. The course will cover most aspects of the specification, although particular emphasis will be placed on topic areas and examination techniques that students generally find most difficult.
A large focus of the course is teaching students how to present their theoretical knowledge and understanding into the contextualised structure examiners are looking for.
The course covers the following areas:
The Operation of Markets and Market Failure
Economic methodology, price determination, production costs and revenue, competitive and concentrated markets, the market mechanism, market failure and government intervention.
The National Economy in a Global Context
Measurement of macroeconomic performance, the circular flow of income, AD/AS analysis, economic performance and macroeconomic policy.
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