A Level Economics

Key Facts

Level: 3

Attendance: Full Time (FT)

Duration: 2 Years

Course Code: A1QEC

Start Date: September 2027

Awarding Body: Assessment & Qualifications Alliance (AQA)

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Code: A1QEC
Please note, course costs shown are per year.

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Economics is a highly valuable, academic subject for those who have an interest in what's happening in the world around them.

This course intends to blend theory with real-life application in the search for better ways to manage our economy, resulting in a more equitable society.

Features and Benefits

Through the study of A Level Economics you will have the opportunity to develop a deeper understanding of the world around you and the economic issues and debates that impact our lives.

You will develop skills that are highly valued by universities and employers, including data interpretation, analytical and evaluative skills, problem solving, and communication skills. You will have the opportunity to take part in group work, classroom discussions, analysing news articles, problem solving challenges as well as research into economic issues.

There will be opportunity to join master class seminars on economic issues of the day such as behavioural economics, game theory and government policy.

Course Content

Year 12:
In your first year, you will develop a strong understanding of both microeconomics and macroeconomics. Microeconomic topics include: the basic economic problem, price determination in competitive markets, production, technological change, market structures (perfect competition, oligopoly and monopoly), market failure and government intervention.

Macroeconomics topics include: government objectives, measuring macroeconomic performance, theories and models of the economy, economic issues (inflation, unemployment, economic growth), monetary, fiscal and supply-side policies.

Year 13:
The second year builds upon the economics already learnt in your first year, considering economic concepts and theories in greater depth and integrating understanding across topics.

Additional topics include: competition policy, labour markets, poverty and inequality, financial markets, globalisation and international trade.

Entry Requirements

Minimum Entry Requirements:
All Loughborough College Sixth Form courses have minimum entry requirements of at least five GCSEs at grade C/4 or above, including English Language and Maths.

Subject Specific Entry Requirements:
GCSE English Language and Maths at grade 5.

Progression Opportunities

Economics is widely accepted as a challenging and rewarding A Level. Upon completion of this course, you will be prepared for further study at university or be ready for the world of work.

Students that have gone on to study economics at degree level have typically found employment in sectors including finance, charitable and not-for-profit organisations, consultancies, insurance and accountancy firms, government departments and think tanks.

Whilst every effort is made to ensure that the information contained on this website is correct, the College accepts no liability for any errors or omissions. Please note that details are subject to change without notice with regard to the provision of courses, course times and dates and the fees and charges levied.