Applicants to our Sixth Form will follow one of two Pathways during their two years of post-16 education:
ECONOMICS |
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EXAM BOARD |
EDEXCEL |
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STRUCTURE OF COURSE |
Component 1: Introduction to markets and market failure Component 2: The UK economy- performance and policies Component 3: Business behaviour and the labour market Component 4: A global perspective |
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ASSESSMENT |
Paper 1 examines content from component 1 and component 3. This is done through a 2 hour written examination. Paper 2 examines content from components 3 and 4. This is done though a 2 hour written examination. Paper 3 examines content from all units. This is done through a 2 hour written examination. |
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CONTENT |
Component 1 Includes: The economic problem, division of labour, demand and supply, elasticity, taxes and subsidies, externalities and market failure Component 2 Includes: Government objectives, consumption, investment, balance of payments, fiscal and monetary policy, causes of growth, supply side policies Component 3 Includes: Business objectives, costs/revenue/profit, market structures, competition policy, wage determination, government intervention Component 4 Includes: Globalisation, financial markets, international competitiveness, exchange rates, measures of development, poverty, strategies to improve development |
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POSSIBLE CAREER PATHS |
Economist, investment banker, financial analyst, accountant, journalist, solicitor, international development consultant, stockbroker, actuary, trader, hedge fund manager |
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POSSIBLE SUBJECT COMBINATIONS |
Economics goes very well with Politics, Geography, English, Maths and modern foreign languages. Economics is a social science and fits very well with any combination of subjects. |