The core AQA syllabus contains 14 topics
Individuals, firms, markets and market failure ~ Microeconomics
1 Economic methodology and the economic problem
2 Individual economic decision making
3 Price determination in a competitive market
4 Production, costs and revenue
5 Perfect competition, imperfectly competitive markets and monopoly
6 The labour market
7 The distribution of income and wealth: poverty and inequality
8 The market mechanism, market failure and government intervention in markets
The national and international economy ~ Macroeconomics
9 The measurement of macroeconomic performance
10 How the macroeconomy works: the circular flow of income, AD/AS analysis, and related concepts
11 Economic performance
12 Financial markets and monetary policy
13 Fiscal policy and supply-side policies
14 The international economy
How will I be examined at A level?
There are three assessments of equal weight, each lasting 2 hours. Units 1 and 2 assess the Microeconomics and Macroeconomics content respectively. They are a combination of stimulus response and essay questions. Unit 3 is synoptic, including a multiple choice section and further essay questions. All three units are a strenuous test of the candidate’s ability to craft extended discursive and evaluative responses in an essay style.
Beyond the curriculum
The Cheltenham Literature Festival is a fabulous resource to have on your doorstep and we take full advantage. The department takes all A level Economists to a variety of relevant lectures, helping students to broaden their understanding, hear from some eminent speakers, hopefully ask some questions and see different points of view.
In addition we bring in visiting speakers from elsewhere, such as the local agent for the Bank of England and a representative from Rethinking Economics, the group campaigning for a rethink of how Economics is taught. These visitors bring us opportunities to ask more questions and delve deeper into the subject.
For further detail on the precise contents of the course please click on the following link to the exam board specifications.