Economics and Finance

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Courses

Economics A Level

At AS-Level, the course gives a general introduction to the world of microeconomics and macroeconomics. One can expect to study topics including demand and supply, elasticity and market failure in AS-Level microeconomics. The macroeconomics unit gives an introduction into macroeconomic objectives (economic growth, inflation, unemployment and balance of payments), exchange rates, monetary policy and fiscal policy.

Microeconomics at A2-Level covers mainly business economics and the distribution of income. Areas of study is usually around market structures (monopoly, oligopoly and perfect competition), economic efficiency and the labour market. A2-Level macroeconomics builds on ideas taught at AS-Level. The topics are covered in greater detail, e.g. Phillips Curve, monetarism.

In terms of exams, different exam boards have different style of exams. The main type of questions are: multiple-choice questions, essays (sometimes split into two parts), short questions and data responses.

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Get help revising for economics at all level with our extensive range of economics revision notes.

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