Economics Curriculum

A Level Economics

Content
The course is the AQA syllabus with three units leading to full A Level. Award is by examination, not coursework. Previous knowledge of the subject is not necessary as the course is self-contained, there is no mathematics involved beyond that which is taught at GCSE level and you do not need to have an immediate interest in politics or current affairs - although interest might grow as the course progresses.

Units are as follows:

  • Unit 1 – Markets and Market Failure (Advanced Microeconomics)
  • Unit 2- The National and International Economy (Advanced Macroeconomics)
  • Unit 3 – Economic Principles and Issues (Summative Issues).

How the course is taught
Each course is normally taught by two subject teachers. A heavy emphasis is placed on student participation in lessons and independent learning. The School Library is well resourced for all courses. Further learning resources are available within the Economics Department. Students are provided with thorough and systematic preparation for exams involving face-to-face revision classes and workshops.

Expectations/Homework
Subject teachers set tasks according to an agreed work programme which helps students to manage their time. All students are expected to engage fully in lessons, keep up-to-date and to read and research widely in order to support their independent learning. Students are expected to be resourceful and committed to intellectual enquiry.

Preparatory Work
It is recommended that all students read an introductory text to familiarise themselves with the periods of study before they embark on the course. They should get into the habit of regularly following news from a number of sources and develop an understanding of general current affairs rather than just those directly related to economics and business. Pupils will also be set preparation work over the summer before starting. It is essential that this work is undertaken thoroughly so that pupils can begin the course with confidence.

IB Economics (Higher & Standard Level)

Content

  • Section 1: Microeconomics
  • Section 2: Macroeconomics
  • Section 3: International economics
  • Section 4: Development economics

How the course is taught
Each course is normally taught by two subject teachers. A heavy emphasis is placed on student participation in lessons and independent learning. The School Library is well resourced for all courses. Further learning resources are available within the Economics Department.  Students are supervised through the process of completing their Internal Assessment. 

Expectations/Homework
Subject teachers set tasks according to an agreed work programme which helps students to manage their time. All students are expected to engage fully in lessons, keep up to date and to read and research widely in order to support their independent learning. IB students are expected to be resourceful and committed to intellectual enquiry.  Students are provided with thorough and systematic preparation for exams involving face-to-face and Adobe revision classes.

The Extended Essay
Higher Level pupils may wish to consider Economics for their Extended Essay. Students are free to select any topic that lends itself to an enquiry focus, requires assessment of conflicting evidence and has a holistic worth. The essay must be completed within 4000 words. Up to five hours of staff supervision are available to assist with the planning, research and execution of the Extended Essay.

Preparatory Work
It is recommended that all students read an introductory text to familiarise themselves with the periods of study before they embark on the course.  You should get into the habit of regularly watching the news on TV and developing an understanding of current affairs and not only those directly related to economics and business. You will be set preparation work over the summer before starting. This work will consist of some readings but also some web-based podcasts and YouTube videos. It is essential that this work is undertaken thoroughly so that you can begin the course with confidence.