Markets and Business Behaviour
- Questions are drawn from Unit 1 and 3 and assesses microeconomics.
A Level Economics at St Edmund’s College will introduce and expand your knowledge of how individual people and businesses use resources.
Economics combines elements of mathematics, with broader social, financial and cultural perspectives to explore how our economy works and to understand the transfer of wealth. Through A Level Economics, you will explore different economic theories and models, and apply them to some of today’s most topical issues and key challenges of the 21st century.
Enrichment opportunities at St Ed’s include:
- Class projects, study groups and organised competitions
- Economics Society
- Opportunities for social interaction and networking with faculty and St Ed’s alumni
- London Stock Exchange visit to experience real life trading, including a tour of the London offices
| Head of Department | Miss E Chilton |
| Syllabus | Edexcel (9ECO) |
Course structure
- Unit 1: Introduction to markets and market failure – introduction to microeconomic concepts.
- Unit 2: The UK economy: Performance and Politics – introduction to macroeconomic concepts.
- Unit 3: Business behaviour and the Labour Market – develop understanding of the concepts introduced in Unit 1 and focus on business economics.
- Unit 4: A global perspective – develop understanding of the concept introduced in Unit 2 and apply these to a global context.
Rhetoric I (Year 12)
Over the course of the year Units 1 and 2 will be studied. The year ends on two internal examinations, on each of the units.
Rhetoric II (Year 13)
Over the final year of study Unit 3 and 4 will be studied. The year ends with three two-hour external examinations:
Paper 1 - 35% 2 hours written
Paper 2 - 35% 2 hours written
The national and global economy
- Questions are drawn from Unit 2 and 4 and assesses macroeconomics.
Paper 3 - 30% 2 hours written
Microeconomics and macroeconomics
- Questions are drawn from all units.
