Economics AS/A Level Course Content
Edexcel Economics A
Units studied
- Theme 1 Introduction to Markets and Market Failure
- Theme 2 The Uk Economy - Performance and polices
- Theme 3 Business Behaviour and the Labour Market
- Theme 4 A Global Perspective
Content
Don’t worry if you haven’t studied business or economics before, because you’ll start from first principles. (If you have studies economics or business before you will have a good start). You will study market economics and why markets work, but also where they go wrong and produce outcomes we don’t want, like poverty, pollution and hospital waiting lists.
The Future
- Economics gives you flexibility in higher education because it is a long established, well recognised A Level within higher education.
- Economics is about the real world, it will be helpful to you whatever you do with your life; just remember what Adam Smith said: “Morality, it could be argued, represents the way that people would like the world to work – whereas economics represents how it actually does work”.
- Adam Smith, the founder of classical economics, was first and foremost a philosopher. He strived to be a moralist and, in doing so, became an economist.
- There are many possible career outcomes: Management, Accountancy, Economist, Marketing, Civil Service, Market Trader, Teacher? and so on…