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Economics in the Sixth Form

In Economics, we attempt to answer the big questions.  We look at the difficult decisions faced by policy makers every day and try to come up with solutions where there are the fewest losers.  We look at human behaviour and decision making and how these combined impact on the day to day lives of people all over the world. 

Examination detail:
Subject content
  1. The operation of markets and market failure
  2. Economic methodology and the economic problem
  3. Price determination in a competitive market
  4. Production, costs and revenue
  5. Competitive and concentrated markets
  6. The market mechanism, market failure and government intervention in markets
  7. The national economy in a global context
  8. The measurement of macroeconomic performance
  9. How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts
  10. Economic performance
  11. Macroeconomic policy
A Level:
Subject content
Individuals, firms, markets and market failure
  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
  9. The national and international economy
  10. The measurement of macroeconomic performance
  11. How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts
  12. Economic performance
  13. Financial markets and monetary policy
  14. Fiscal policy and supply-side policies
  15. The international economy
 




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