A LEVEL ECONOMICS
At Key Stage 5, students follow the Edexcel Economics A specification, exploring a broad range of both microeconomic and macroeconomic topics.
The course is structured around four themes: Themes 1 and 3 focus on microeconomics, while Themes 2 and 4 cover macroeconomics. The course develops analytical and evaluative skills through the application of economic theories to real-world issues.
The qualification is assessed at the end of Year 13 through three externally examined papers, each lasting two hours.
Below is list of the key topics studied.
KS5 topics by year
Year 12
Micro:
- 1.1. Nature of Economics
Macro:
- 2.1 Measures of Economics Performance
Micro:
- 1.2 How Markets Work
Macro:
- 2.2 Aggregate Demand
Micro:
- 1.2 How Markets Work
Macro:
- 2.3 Aggregate Supply
Micro:
- 1.3 Market Failure
Macro:
- 2.4 National Income
- 2.5 Economic Growth
Micro:
- 1.4 Government Intervention
Macro:
- 2.6 Macroeconomic Objectives & Policies
Micro:
- Theme 1 Mock Revision
Macro:
- Theme 2 Mock Revision
Year 13
Micro:
- 3.1 Business Growth
Macro:
- 4.1 International Economies
Micro:
- 3.3 Revenues, Costs, & Profits
- 3.2 Business Objectives
Macro:
- 4.2 Poverty & Inequality
- 4.3 Emerging & Developing Economies
Micro:
- 3.4 Market Structures
Macro:
- 4.4 The Financial Sector
Micro:
- 3.5 Labour Market
- 3.6 Government Intervention
Macro:
- 4.5 Role of the State in Macroeconomy
Micro:
- Theme 1 & 3 Exam Revision
Macro:
- Theme 2 & 4 Exam Revision
- Study leave
Key Contact
If you would like any more information about this subject, please contact Jennifer Thornton, Head of Business & Economics, jennifer.thornton@thebicesterschool.org.uk