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Sixth Form Course Booklet 2013 - Bromsgrove School

Sixth Form Course Booklet 2013 - Bromsgrove School

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ECONOMICS<br />

WHY STUDY ECONOMICS?<br />

Economics begins with the basic problem of scarcity in the face of unlimited wants, arguably the basis of all problems.<br />

Solving this problem is what drives communities, governments and the A level course. As the economic environment<br />

changes so do the issues, and as a consequence economics is an extremely dynamic course. It is impossible to be<br />

unaffected by economics and at the very least there is a certain satisfaction to be gained from understanding the<br />

reasons behind it. It also develops skills that are increasingly important in a changing world.<br />

AIMS OF THE COURSE<br />

To encourage students to develop an understanding of key economics theories and concepts that will enable them<br />

critically to evaluate issues, problems and institutions that affect everyday life. There is a strong emphasis on the<br />

application of the theory to real-world phenomena and its values and limitations in doing so. Students will also be<br />

encouraged to develop a critical approach to methods of enquiry and to draw on data from local, national and<br />

international sources.<br />

SKILLS NEEDED FOR AND DEVELOPED IN THE COURSE<br />

An inquisitive mind and a genuine interest in current economic issues are probably the most important skills to have on<br />

starting the course. However the ability to express your ideas orally and on paper would be a distinct advantage. The<br />

course places a strong emphasis on skills of discussion, argument and evaluation with the support of data<br />

interpretation.<br />

REQUIREMENTS FOR STARTING THE COURSE<br />

As a result of the emphasis on written assessment and graphical analysis, B grades or above in GCSE English and<br />

Mathematics are required.<br />

<strong>Course</strong> followed: Economics<br />

AS level<br />

Examination Board: OCR<br />

CONTENT OF THE COURSE UNITS<br />

Two mandatory units<br />

Unit 1<br />

Markets in Action<br />

Unit 2<br />

The National and<br />

International Economy<br />

This is a micro-economics unit that ensures candidates gain an appreciation of the<br />

allocation of resources, the market model and selected aspects of what makes<br />

markets efficient or sees them fail.<br />

This unit sees candidates introduced to how levels of macro-economic activity are<br />

determined and also investigates key national and international economic indicators,<br />

policies and problems.<br />

A2 level<br />

An optional unit chosen from:<br />

Unit 3<br />

Economics of Work and<br />

Leisure<br />

Unit 4<br />

Transport Economics<br />

The principal focus here is on understanding and analysing labour market concepts<br />

and issues. Leisure industries are considered in terms of models of market structure<br />

and the way leisure needs can impact on the supply of labour.<br />

The focus here is on economic concepts and issues which are applied to a variety of<br />

transport contexts. Transport industries are considered in terms of models of market<br />

structure, particularly with a consideration of contestability.<br />

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