Econonmics

Mrs S R Kelsall BSc Bradford, NPQSL, PGCE (Head of Department and Head of Humanities)

Examination body: AQA

The basic economic problem is scarcity and Economics can be defined as the study of the allocation of scarce resources between competing uses; it is about the choices we have to make to get the goods and services we need and want. In Economics, we study how markets work, why they sometimes fail and how the government may step in to solve this failure. We also examine the structure of firms in markets and how this structure may help or hinder the allocation of resources. In addition, we look at how the national economy works and how we try to ensure it grows over time to improve the standard of living.

Entry Requirements

There are no requirements over and above those laid down for Sixth Form entry. However, you should acknowledge that Economics is a rigorous academic subject which requires the ability to think logically; a B in GCSE Maths can indicate the ability to do this. A willingness and ability to write extended answers is also required as issues are analysed in depth and in detail in exam questions.

Economics appeals to those who have an interest in the economic world around them, and those who can think logically within clearly defined parameters usually meet with success.

Delivery and Assessment

The AS examinations comprise two papers, which include multiple choice and data response questions. The A2 examinations comprise three papers, which include multiple choice, essay-style, and data-response questions, and questions based on an economics case study.

Bethany Jones

Bethany is currently in her second year reading Geography at Durham University, a member of the prestigious Russell Group, having achieved A*AA in her A Level studies. One of the highlights of her time in Sixth Form at Hull Collegiate was studying Economics at A Level. Aside from the excellent teaching of the course, she was always encouraged to discover more about the role of economics in day-to-day life. Bethany now has a lasting interest in the global economy, and her A Levels have directed her towards a career in Finance.

Guy Grimwood

After achieving an A* in Economics at A Level, Guy is currently studying Politics, Policy and Economics at the University of Birmingham. He has a specific interest in Politics and Economics, which led him to accept an unconditional offer from the university in 2016.