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An award winning sixth-form college in the heart of Central London offering a wide range of GCSE and A-Level courses

The quality of the curriculum, teaching and learners' achievements is excellent
ISI INSPECTION REPORT - 2018

T (+44) 20 7409 7273
Albemarle Independent College, 18 Dunraven Street, Mayfair, London W1K 7FE

ECONOMICS A (EDX)

AS Course Outline

What is Economics?

"If all the economists were laid out end to end, they wouldn't reach any conclusions"

Who should study this course?

This course will appeal to those students who are interested and intrigued by all that is happening in the world now, from the recession in the UK, the financial crisis, the eurozone problems and the rise of the emerging economies. It will particularly suit those who want to pursue a career in finance and management but will in fact suit anyone who enjoys listening to economic debates and wants to understand some of the momentous events taking place.

What does the course aim to do?

'Should universities charge fees?' We will all have our view on this. We all have our opinions on what is right or wrong, fair or unfair, moral or immoral. But as a social science, economics tries to reach solutions to this and other issues affecting our lives based on logic and objectivity rather than mere opinion.
Students will develop a keen interest in the important issues and the various arguments surrounding them and then come to reasoned conclusions based on careful analysis.

Which topics will I study?

The specification includes the following:


What Skills Will Students Develop When Studying Economics?


ECONOMICS (EDX) AS Specification

Theme 1
(8ECO/01)
1 hour 30 minutes
6 questions
80 marks
50% of AS Exam

Available in May/June

Introduction to markets and market failure
Section A: Comprises a range of multiple-choice and short answer questions. Students answer all questions.
Section B: Comprises ONE data response question broken down into a number of parts, including a choice of extended open-response questions; students select one from a choice of two.

Theme 2
(8ECO/02)

1 hour and 30 minutes
6 questions
80 marks
50% of AS Exam

Available in May/June

The UK economy - performance and policies
Section A: Comprises a range of multiple-choice and short-answer questions. Students answer all questions.

Section B: Comprises ONE data response question broken down into a number of parts, including a choice of extended open-response questions; students select one from a choice of two.

Structure of the Course
This course will be taught for 5x 1hour lessons per week. Homework will be set weekly and deadlines must be adhered to. Reading of textbooks, journals and economic coverage in broadsheet newspapers is essential. Tests are set frequently.

What are the challenging aspects of the course?

Core Textbook
Edexcel A Level Economics Book 1 Peter Smith
ISBN9781471830006

Introductory Reading
The Undercover Economist Tim Harford
ISBN978039119854

Further Reading
23 Things They Don't Tell You About Capitalism Ha-Joon Chang
Penguin ISBN: 9780141047973

Ecomomics