Economics

Examining Board: AQA

Aim of course:

The subject content looks at economic activity through the lens of consumers, producers, government and the workings of the global economy. As students go through the course they are presented with opportunities to focus on real-world issues for example the ethical and sustainable issues that arise as a result of the impact of economic activity and the inequalities in wealth. Students will also be able to use their economic knowledge and skills to investigate national and global economic situations and issues from the last 15 years. Students will also be aware of the policies that governments have used to attempt to manage these situations. Students will develop quantitative skills relevant to the subject content and therefore will be able to make relevant calculations from economic data and interpret data presented in the form of graphs and charts.

Year 9

  • Economic foundation
  • Resource allocation
  • How prices are determined
  • Costs, revenue and profit
  • Competitive markets

Year 10

  • Market failure
  • UK economy
  • Government objectives
  • Managing the economy

Year 11

  • International trade
  • Global economy
  • Financial markets
  • Exam preparation

Career prospects:

The skill set acquired by an Economist is transferable to virtually any job. Statistics show that the majority of Economics students after graduation obtain employment within six month of graduating. Management consulting, banking, financial securities and commodities brokers and market research analysts are just a small sample of job opportunities in the private sector. Other roles that Economic graduate regularly go into include management consultancy, journalism, human management and public sector work.