Gumley House School


A Level Economics

Studying Economics at The Sixth

Introduction by Head of Business and Economics:

Hear from the Students:

Exam Board:  AQA
Entry Criteria:  Grade 6 in GCSE Mathematics

Why study this course?
Economics is a traditional subject which is relevant to the world you live in and to your future. It is a fascinating subject because it includes the study of how people behave and interact with each other. The dynamic relationship between consumers, firms and government makes economics a vibrant subject that can lead to careers in large companies, banking
and finance, media, law, marketing, government, journalism and teaching.

What will I learn?

By studying Economics, you will develop skills in research, analysis and evaluation, communication and working with others to solve problems using economic theory and models. You will look at the fundamental forces which affect our lives, such as employment, prices, international trade and poverty. Economics is a lively and interesting subject which
allows you the opportunity to make your own judgements and form your own opinions.

How will I be taught?

You will be taught through a combination of discussion and debate, research, modelling of scenarios to explore current economic behaviour, data response questions, case studies, group activities and visits to and by industry.

How many hours a week private study will I have?

As an A Level student you must spend at least six hours doing private study per week to consolidate your learning and learn how to apply subject knowledge to different contexts.

You’ll enjoy this course if

Economics is the study of how people deploy resources to meet human needs. Economists are interested in incentives and prices, earnings and employment, investments and trade among many things. If you are interested in why some countries
are richer than others, whether being in the EU is a good idea or how to tackle poverty, then Economics is for you.

Course Description

Economics studies how people allocate scarce resources. The reason people have to make choices is scarcity, the fact that we don’t have enough resources to satisfy all our wants. The course is divided into two parts:
1. Microeconomics studies the behaviour of individual people and individual firms.
2. Macroeconomics studies national economies, concentrating on economic growth and how to prevent recessions and encourage economic growth.

Paper 1Markets and Market Failure
External written examination (33.3% of A Level)

Paper 2:
  National and International Economy
External written examination (33.3% of A Level)

Paper 3
Economic Principles and Issues
External written examination (33.3% of A Level)

For more information, contact Ms J Erdmann