Sixth Form Subject Information 2017/2018
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ECONOMICS<br />
SPECIFICATION<br />
A Level EDUQAS Economics 601/4103/7<br />
OBJECTIVES OF THE COURSE<br />
If students have ever wondered how prices, interest and exchange rates are determined<br />
or wondered about the financial state of services provided by the Government, then they<br />
should study Economics. This subject is all about resources and money; it explores the<br />
various factors that influence the prices of goods and services, interest and exchange<br />
rates, inflation and the economy as a whole. Economics will enhance students’ decisionmaking<br />
ability through interpretative and evaluation skills whilst developing their<br />
understanding and knowledge of the economy.<br />
CONTENT AND ASSESSMENT<br />
Topics include:<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Price and output decisions of firms and how firms grow<br />
The labour market and how wages are established and influenced by organisations<br />
such as trade unions<br />
Privatised industries and their regulations<br />
Poverty and developing companies<br />
The international economy – trade, the EU, globalisation<br />
Living standards<br />
Economic issues: Brexit and Living wage, NHS.<br />
Component 1: Introduction to Economic Principles<br />
Written examination: 1 hour 30 minutes, multiple choice and structured questions. 30% of<br />
qualification.<br />
Component 2: Exploring Economic Behaviour<br />
Written examination: 2 hours, Structured questions based on A2 content.<br />
One compulsory data response.<br />
30% of qualification<br />
20
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