Economics

Curriculum Subjects

Economics

See our Economics Curriculum below at Bentley Wood for KS4 and KS5

 

KS4 | 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.

Assessment mentod:

Examination Components

  • Paper 1: How markets work
  • Paper 2: How the economy works

* as this is a linear qualification all examinations are taken at the end of the course i.e. Y11 May/June

How it’s assessed

  • Written exam: 1 hour 45 minutes
  • Each paper contributes 50% towards GCSE qualification

 

KS5 | Economics

Is Economics the subject for you?

Do you fancy yourself as the next George Osborne? Economics could be the answer! An understanding of Economics will provide you with a new way of approaching almost any problem. The most valuable skill you will learn is how to think critically. As an Economist you will understand virtually all things occurring in the business and political environments and be able to critically evaluate various options. For some of you this will provide a solid business foundation and create the ability to move into any of the more specific business fields such as finance or marketing. For others this will offer a better understanding of the overall economy and the possible impact of various government policies. You will soon learn that Economics is everywhere and affects everyone!

Course content

Students study the following 4 topics during the course; Competitive Markets, Managing the Economy, Business Economics and Economic Efficiency, and The Global Economy

Methods of study

  • Analytical and evaluative skills
  • Problem solving
  • Verbal and written communication
  • Numeracy

How will it be examined?

AS qualification will not count towards the final grade of an A Level and be a separate qualification in its own right (Linear).

Career opportunities

What can you do with an A level in Economics? The skill set acquired by an Economics is transferable to virtually any job. Statistics show that the majority of Economics students after graduation obtain employment within six months of graduating! Management consulting, banking, financial securities and commodities brokers and market research analysts are just a small sample of the job opportunities in the private sector. Other roles that Economics graduates regularly go into include management consultancy, journalism, human resource management and public sector work.