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.
In your first year, you will develop a firm understanding of micro- and macro-economics, as well as hone your analytical and evaluative skills. You will look at a variety of topics, including:
- The economic problem
- Price determination in a competitive market
- Production, costs and revenue
- Competitive and concentrated markets
- The market mechanism, market failure and government intervention
- The macro-economy, economic performance and macro-economic policy
The second year builds upon the micro- and macro-economics already learnt in your first year, considering economic concepts and theories in greater depth and recognising the values and limitations of economic models. You will look at a variety of topics, including:
- Market structure
- The labour market
- Poverty and inequality
- Financial markets
- The international economy
Assessment methods will reflect real-life economic issues in an examination context. AS will be assessed by two exams covering both micro- and macro-economics. The second year will be assessing your knowledge with three exams, including a multiple-choice section and a case study section.
Some benefits of studying AS and A Level Economics include:
- opportunities to develop your debating skills through class discussions
- vigorous assessment and monitoring to help you achieve your potential
- a friendly and safe learning environment
- At least a grade 5 in GCSE English Language
- All Loughborough Sixth Form College courses have minimum entry requirements of at least five GCSEs at grade C/4 or above, including English Language and Maths.
Economics is widely accepted as a challenging and rewarding A Level, with many students progressing to study Economics and other related subjects in Higher Education.
The course prepares students for a wide range of careers in areas such as economics, accounting, business, politics, and much more.
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.
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