Hey there! Sign in to join this conversationNew here? Join for free
    • Thread Starter
    Offline

    9
    ReputationRep:
    I am starting sixth form in september and am currently signed up to do economics with the exam board AQA - can anyone tell me a brief summary of what the subject includes? The description my school provided was vague and included terms I have yet to learn (due to have not started the course yet) so didn't tell me much. Any information would be helpful, thank you
    Offline

    2
    ReputationRep:
    (Original post by chezzapenny)
    I am starting sixth form in september and am currently signed up to do economics with the exam board AQA - can anyone tell me a brief summary of what the subject includes? The description my school provided was vague and included terms I have yet to learn (due to have not started the course yet) so didn't tell me much. Any information would be helpful, thank you
    Well I did the old spec, but the new one I am told is the same but with some more financial based questions. So it will still have two primary units in the first, year, microeconomic, looking at specific markets and failure, and macroeconomics, looking at the economy, effects on it as a whole, monetary policy, fiscal policy, how the government can grow the economy/ policy tools it can use. Basically the essays are usually 2/3 points, backed up with economic knowledge, of varied arguments/ways of what the government should do and why. And say why one may be better than the other and overall why it is. I don't think I went into too much detail lol, though I recommend you read Adam Smiths a wealth of nations, or Keynes book on the general theory of unemployment, I found them interesting and started reading them after the first year, though they help enhance your knowledge and in my opinion really understand things.
    • Thread Starter
    Offline

    9
    ReputationRep:
    (Original post by IronicalMan)
    Well I did the old spec, but the new one I am told is the same but with some more financial based questions. So it will still have two primary units in the first, year, microeconomic, looking at specific markets and failure, and macroeconomics, looking at the economy, effects on it as a whole, monetary policy, fiscal policy, how the government can grow the economy/ policy tools it can use. Basically the essays are usually 2/3 points, backed up with economic knowledge, of varied arguments/ways of what the government should do and why. And say why one may be better than the other and overall why it is. I don't think I went into too much detail lol, though I recommend you read Adam Smiths a wealth of nations, or Keynes book on the general theory of unemployment, I found them interesting and started reading them after the first year, though they help enhance your knowledge and in my opinion really understand things.
    Thank you - that's really helpful, would there be any point in reading those books before starting the course or do you need an understanding of economics to comprehend it? At GCSE I did business studies (got pretty good grades in my course work and hopefully my exams) so I hope to have some basic understanding already - although I do realise they are quite different!
    Offline

    2
    ReputationRep:
    (Original post by chezzapenny)
    Thank you - that's really helpful, would there be any point in reading those books before starting the course or do you need an understanding of economics to comprehend it? At GCSE I did business studies (got pretty good grades in my course work and hopefully my exams) so I hope to have some basic understanding already - although I do realise they are quite different!
    Well yes, read them, they're interesting, though I'd pick the wealth of nations as all economics is based pretty much from Adam Smith and that book, it's also really well explained and Keynesian stuff although is in a level economics you don't need to read it to understand the book, infact you probably won't have time to read both, I've read about 3/4 of the wealth of nations and stopped on colonies, though only about 10 pages into keynes book.
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Would you like to hibernate through the winter months?
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.