Economics

EXAM SPECIFICATION: AQA 7136

AQA 7136 ://www.aqa.org.uk/subjects/economics/as-and-a-level/economics-7135-7136                                  

Every day economic challenges face us all. Thinking about personal economics, how businesses make a profit and compete, how nations make money and considering the role of Europe and global financial challenges are all part of the course.  The course is ever more relevant as governments and businesses tackle the enormous problems caused by the banking crisis and Covid19.

Economics is one of our great ‘risk’ subjects. The course can change direction at any time because of a decision made anywhere in the world. It’s vibrant and dynamic, and controversy is a hallmark of every lesson. What you’ll learn is how to apply analytical skills and data handling skills to some of these problems. But expect surprises: they happen as each day unfolds. Keeping yourself up to date is essential for this course.

View the PowerPoint below to get an overview of the course.  

STUDENT VIDEO: Current student, Oliver Coles, describes what it's like to study A Level History.  

The Course

Year 12

•  Unit 1 Markets and how they operate - how individuals behave in the economic world

•  Unit 2 The National Economy - Growth, Unemployment, Inflation, and the Balance of Payments

Year 13

•  Unit 1 Firms and Labour Markets - How different types of firm operate and seek to make profit.

•  Unit 2 The International Economy and Financial Markets - Globalisation, international trade, and   financial markets

Skills

• Forming chains of reasoning
• Discussion and debate
• Case Study analysis
• Forming judgements based on current real world evidence
• Critical and reflective thinking
• Mathematical skills
• Individual research skills

Examinations

All A-level exams are at the end of Year 13:

• 1 x 2 hour exam Microeconomics
• 1 x 2 hour exam Macroeconomics
• 1 x 2 hour exam on multiple choice and an unseen case study

Enrichment

• Tutor2U Grade Booster Conference

For further details, please contact  Mr Shardlow, Head of Economics wshardlow@bishopstopford.com