A Level inEconomics

Economics is a highly valuable, academic subject for those who have an interest in what's happening in the world around them.

This course intends to blend theory with real-life application in the search for better ways to manage our economy, resulting in a more equitable society.

Course Content

Year 12:
In your first year, you will develop a strong understanding of both microeconomics and macroeconomics. Microeconomic topics include: the basic economic problem, price determination in competitive markets, production, technological change, market structures (perfect competition, oligopoly and monopoly), market failure and government intervention.

Macroeconomics topics include: government objectives, measuring macroeconomic performance, theories and models of the economy, economic issues (inflation, unemployment, economic growth), monetary, fiscal and supply-side policies.

Year 13:
The second year builds upon the economics already learnt in your first year, considering economic concepts and theories in greater depth and integrating understanding across topics.

Additional topics include: competition policy, labour markets, poverty and inequality, financial markets, globalisation and international trade.

Features/Benefits

Through the study of A Level Economics you will have the opportunity to develop a deeper understanding of the world around you and the economic issues and debates that impact our lives.

You will develop skills that are highly valued by universities and employers, including data interpretation, analytical and evaluative skills, problem solving, and communication skills. You will have the opportunity to take part in group work, classroom discussions, analysing news articles, problem solving challenges as well as research into economic issues.

There will be opportunity to join master class seminars on economic issues of the day such as behavioural economics, game theory and government policy.

Entry Requirements

Minimum Entry Requirements:
All Loughborough College Sixth Form courses have minimum entry requirements of at least five GCSEs at grade C/4 or above, including English Language and Maths.

Subject Specific Entry Requirements:
GCSE English Language and Maths at grade 5.

Please contact the International Admissions Office for further advice. international@loucoll.ac.uk

Assessment Methods

Three x 2 hour exams (33.3% each)

  • Paper 1 Microeconomics - Data Response and Essay
  • Paper 2 Macroeconomics - Data Response and Essay
  • Paper 3 - Synoptic Paper - Multiple Choice and Report


Progression Opportunities

Economics is widely accepted as a challenging and rewarding A Level. Upon completion of this course, you will be prepared for further study at university or be ready for the world of work.

Students that have gone on to study economics at degree level have typically found employment in sectors including finance, charitable and not-for-profit organisations, consultancies, insurance and accountancy firms, government departments and think tanks.

Course FAQs

CAN YOU STUDY BUSINESS AND ECONOMICS?

Yes you can. Business and economics complement each other well. How much maths is there in economics? The maths mainly involves the use of diagrams which can be complex especially in year 2. You should also be confident performing percentage change calculations.

6th Form FAQs

DO YOU OFFER THE EXTENDED PROJECT QUALIFICATION (EPQ)?

  • Yes, but only to Year 2 students who have demonstrated in Year 1 that they have the academic ability to cope with this extra research project.

HOW MANY A LEVEL SUBJECTS DO I NEED TO TAKE?

  • You will need to choose three subjects minimum with a maximum of 4. See page 5 for more details on subject choices.

I’M INTERESTED IN A LEVELS BUT I’M NOT SURE WHICH ONES

  • That’s okay! We know that deciding on A Levels can be a long process and that you can change your mind—a lot.

    When you initially apply, we’ll ask you for your options, but you’re not tied down to these subjects. We’ll confirm your final choices at a later date.


DO I HAVE TO STUDY THE SUBJECT I WANT TO STUDY AT UNIVERSITY AS AN A LEVEL?

  • Not always; it depends on your chosen university course. Subjects like Medicine and Architecture have very specific entry requirements, whereas you can study Psychology or Law at university without having studied them at A Level. Check university entry requirements to see if they are asking for specific subjects.

ARE A LEVELS THE ONLY ROUTE INTO UNIVERSITY?

  • No. We also offer Level 3 BTEC Extended Diplomas, which are the equivalent to three A Levels and many universities accept them as an alternative.

CAN I STUDY 3 A LEVELS AND BE A PART OF THE ACADEMY OF SPORT PROGRAMME?

CAN I STUDY A DIPLOMA IN SPORT AND ONE A LEVEL?

  • Yes, but it is only recommended for high-performing students due to the demands that both courses will place on timetable and ability. We will need to ensure that your combination is suitable for future progression and doesn’t clash on the timetable.

Disclaimer

Whilst every effort is made to ensure that the information contained on this website is correct, the College accepts no liability for any errors or omissions. Please note that details are subject to change without notice with regard to the provision of courses, course times and dates and the fees and charges levied.

Key Facts

Dates:

  • September 2023

Mode of Attendance:

  • Full or Part Time

Level:

3

Course Duration:

2 Years

Programme Costs:

  • The fees for this course are currently being confirmed.

Please contact the International Team for more information.

College Course Code:

  • 23/24A1QEC

OUR STUDENTS SAY

The teachers have taught me very well, and they make sure to keep lessons interesting. The facilities available at the college would be of interest to any potential student. The college also has very pleasant staff, and offers great opportunities in terms of progression.

Rishika Tripathi

United Arab Emirates