Economics A Level

Course information

The Economics A level comprises two modules at AS level and a further two at A level.

In the first AS level module, you will learn about the operation of markets and market failure, introducing you to basic microeconomic models such as supply and demand, price mechanisms and the problems they can face. The second module covers the national economy in a global context.

At A level, the third module concerns individuals, firms, markets and market failure, including more complex microeconomic models such as perfect competition, monopolies and government intervention. Finally, the fourth module covers the national and international economy, including macroeconomic indicators and globalisation.

The full course provides a complete overview of the forces that drive economies, from labour markets and government policy to commodity prices and income flows.

You will develop a solid understanding of economics in a business context, as well as its effects on wider society.
Throughout the course, you will be evaluated by 11 tutor-marked assignments that provide valuable feedback on your progress.

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Examining board and exams

The Economics A level course has been written to prepare you for the AQA examination board’s Economics A level qualification. The syllabus numbers are:

  • AS-7135
  • A2-7136

The AS level course is assessed by two 90-minute examinations, while the A level is assessed by three two-hour examinations. These take place in May and June each year.

 

What can I do with an Economics A level?

Economics is a subject that can open up a lot of options. Throughout human history, people have laid claim to raw materials, used labour to increase their value and traded the end products with one another – economics is the study of how all these things interact as part of a market, and what happens when these markets run into problems.

While it’s sometimes seen simply as the study of money and markets, its scope goes far broader – economics relates to almost everything, including politics and international relations, the environment, history, sociology, philosophy and law. There are very few subjects that won’t benefit from a strong understanding of how scarcity, trade, production and labour impacts human interactions.

Economics is also a fundamental subject for business – whether you want to found a company of your own, or be involved in running an existing one. Accountancy and finance, business administration and marketing are all natural companion subjects to economics.

If you’re looking for a career in technology, economics also combines very well with sciences. Economics is often paired with subjects like biology, computer science, healthcare and engineering for a complete understanding of both the technical subject matter, and the market challenges related to the field.

Put simply, economics is one of the most flexible subjects you can study, and helps develop critical thinking and problem-solving skills. Some examples of career options using economics include:

  • Entrepreneurship
  • Accountancy
  • Civil service
  • Management and administration
  • Insurance
  • Market research
  • Law

How much does it cost?

Our Economics A level course fee is £475 with a £95 deposit, payable in eight instalments of £47.50.

You will receive support from a fully-qualified tutor holding either a Postgraduate Certificate in Education (PGCE) or a degree in education. This support includes:

  • Marking all assignments for the course
  • Written answers to specific study problems
  • Tutor contact by telephone, email and skype

When you begin this course, you will agree an examination date or dates with your Student Adviser. Your support period lasts up to this examination date.


Prerequisites

Normally you are required to have at least four good GCSEs to begin the Economic A level. This does not have to include Economics GCSE, as the A level course covers the basic principles.

If you have other relevant qualifications or experience which you feel would allow you to start an A level Economics course, please contact one of our student advisers on 0800 975 75 75.

Because we don’t just wish you to pass, you will also get a subscription to Hodders Exam Question Practice online platform.

As well as advice on tackling exams and revision planning, the platform will provide you with mock questions equivalent to 5 examination papers. For each question you will get specimen answers at Grade A and Grade C level alongside expert comment from examiners and a full mark scheme.

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