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Woodhouse College
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Economics (ECON-A)

2017 - New A level
 
Examining board - WJEC
 
Additional course entry requirements:
Grade 6 in GCSE maths. Economics cannot be taken in conjunction with business studies.
  
Why economics?
 
Studying A level economics will allow you to understand how scarce resources are allocated and the choices that consumers and firms make within a market.
 
You’ll discover how markets work and the positive and negative outcomes produced by the workings of such a market (microeconomics). You’ll be exposed to strategies the government uses to deal with issues such as unemployment, inflation, debt and international trade (macroeconomics), and learn to interrogate these strategies and understand the impact they have on the consumer and the firm.
 
You will have the opportunity to apply for a place on our Career Ready programme which will include talks by guru lecturers, visits, work experience and links with mentors in the world of work. A degree in this subject is a traditional route to a range of careers in finance, banking and insurance. Many of our students go on to study economics or related degree courses at Russell Group universities and Oxbridge.
 
Course content
 
The course encompasses three main components: microeconomics, macroeconomics and globalisation/trade and development. You will develop an understanding of economic concepts and theories, problems and economic institutions that affect everyday life. You will learn about the roles of the key players in any economy – the firm, the consumer and the government. You will develop a critical approach to economic models as well as the strategies used to solve some of the current economic problems in the UK. All students will develop analytical skills in selecting, interpreting and using data from a range of sources.
 


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