A Level Economics
- Week 1: Monday 25 March – Friday 29 March
- Week 2: Monday 1 April – Friday 5 April
- Week 3: Monday 8 April – Friday 12 April
AQA 7135, 7136
Length of Course
9am to 6pm daily
Although much of the theory covered is similar to the AQA legacy (2140) specification the examination structure of this new linear A level is different. 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 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.
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.
Individuals, Firms, Markets and Market Failure
Market structures, the labour market, poverty and inequality, market mechanism, market failure and government intervention.
The National and International Economy
Financial markets, monetary policy, fiscal policy and supply side policies, the international economy.
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