Economics EDEXCEL A GCE Level 3

Social Sciences

Social Sciences
Social Sciences
We are only accepting one application per candidate.

What will you be working towards?

Code 60141050/4410
Qualification Type GCE A/AS Level or Equivalent
Qualification Level Level 3
Course type Full Time

Overview

What do I need to know, or be able to do, before taking this course?

It doesn’t matter if you haven’t studied Economics before. You might have an interest in Economics and want to know more about the impact Economics has on the world around you. You might want to investigate some of the stories you hear in the news – Why do some economies grow and others don’t? Why didn’t economists predict the Global Financial Crisis? This course will help you to understand all this and more.

The Pearson Edexcel Level 3 Advanced GCE in Economics (A) is structured into four themes and consists of three externally examined papers. Students develop knowledge and understanding of core economic models and concepts in Themes 1 and 2, and then build on this and apply their knowledge to more complex concepts and models in Themes 3 and 4. Students will need to apply their knowledge and understanding to both familiar and unfamiliar contexts in the assessments and demonstrate an awareness of current economic events and policies.

Theme 1: Introduction to markets and market failure. This theme focuses on microeconomic concepts.

Students will develop an understanding of:

  • nature of economics
  • how markets work
  • market failure
  • government intervention

Theme 2: The UK economy - performance and policies. This theme focuses on macroeconomic concepts.

Students will develop an understanding of:

  • measures of economic performance
  • aggregate demand
  • aggregate supply
  • national income
  • economic growth
  • macroeconomic objectives and policy.

Theme 3: Business behaviour and the labour market. This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics.

Students will develop an understanding of:

  • business growth
  • business objectives
  • revenues, costs and profits
  • market structures
  • labour market
  • government intervention

Theme 4: A global perspective. This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of:

  • international economics
  • poverty and inequality
  • emerging and developing economies
  • the financial sector
  • role of the state in the macro economy.

Details



How will it be delivered?



Entry requirements

Grade 6 in GCSE Maths guarantees a place on this course. 

Please note that applicants must also meet our overall entry requirements of scoring at least a total of 42 points (simply add up all your GCSE grades) and achieve a Grade 4 or higher in both English Language and Mathematics.

Your next steps...

You could take this course to complement other advanced level courses or to prepare for the  Advanced GCE in Economics and Business Studies, which could lead onto higher education in areas of Economics, Business Studies, Accounting, Marketing or more general higher education courses. With further training, you could go into a job related to economics, business, marketing, finance and accounting, human resources and public relations. You could also go straight into a job as the A GCE is a recognised qualification that could help you do a trainee management course within a company to gain the skills, understanding and experience that they require so you can progress to working at management level.