Economics

Exam Board: AQA

In Year 12 you will examine why all societies must make choices due to the economic problem of scarcity, and then go on to investigate how the forces of demand and supply and governments can determine what goods and services are produced and consumed. Furthermore, you will analyse the bigger issues of unemployment, inflation and economic growth.

In Year 13 you will develop a deeper understanding of how the forces of demand and supply work, and why markets can fail to produce desirable outcomes. Additionally, you will gain a critical understanding of why countries trade, the financial sector and the causes and constraints of economic development.

Assessment

100% exam

Requirements

Sixth Form entry requirements and a grade 5 or above in GCSE mathematics.

Where can it lead?

The Confederation of British Industry ranked Economics as the most useful degree subject when seeking employment.