Economics

KS5 (Years 12 & 13)

Award: A-Level

Awarding Body: Edexcel

Specification Code: 9ECO

Specification Website: Edexcel AS and A-Level Economics

Institution: Westside

Subject Content

Theme 1: Introduction to Markets

• 1. Nature of Economics

  2. How free markets work

  3. Free market failure

  4. Government intervention

Theme 2: The UK Economy

• 1. Measuring economic performance

  2. Demand & supply

  3. National income

  4. Economic growth

  5. Government policy 

Theme 3: Business Behaviour

• 1. Business growth

  2. Business objectives

  3. Revenues, costs & profits

  4. Market structures

  5. Labour market

  6. Government intervention

Theme 4: The National & Global Economy

• 1. Global economics

  2. Poverty & inequality

  3. Emerging economies

  4. The financial sector

  5. The role of the State in the economy

Assessments

Paper 1: Markets & Business Behaviour

• • Questions drawn from Theme 1 & Theme 3

  • 2 hours - 35% of grade

Paper 2: The National & Global Economy

• • Questions drawn from Theme 2 & Theme 4

  • 2 hours - 35% of grade 

Paper 3: Microeconomics & Macroeconomics

• • Questions drawn from all themes

  • 2 hours - 30% of grade