Clayesmore Sixth Form Prospectus Final

UNITS Economic Principles. Exploring Economic Behaviour. Evaluating Economic Models and Policies. METHOD OFASSESSMENT Written examination: 1 hour 30 mins – 30% of qualification. Written examination: 2 hours 30 mins – 30% of qualification. Written examination: 2 hours 30 mins – 40% of qualification. FURTHER INFORMATION Few decisions are taken that are not influenced to some degree by economics. Economics is, in essence, about the allocation of scarce resources. The reason we face economic problems individually and as a nation is that none of us can have all we want – we live in a world of scarcity. As a result of this we all have to make choices. You will have to make a choice about how you will decide to earn an income and how you will spend it. You will vote for politicians who decide how much of your income to tax and how to spend the tax revenues. You will purchase products from businesses that decide how much to buy from, and sell to, the rest of the world. Economics is studied because the economic system that we have helps to determine our political, social, religious and personal environment. Taking Economics A Level will give you the opportunity to develop an understanding of how the economy works and, through concepts and theories, you will consider current economic issues and how they affect your everyday life. The course is designed to provide you with the knowledge and skills that will stimulate an interest in the subject and the world around you and will enable you to have a critical appreciation of current economic issues and their impact on society. It is not necessary to have studied Economics prior to the A Level course, although an interest in economic issues is important. EDUQAS, SPECIFICATION: A520QSL ECONOMICS 19 CLAYESMORE | S I XTH FORM | PROS PECTUS 202 6 / 2 8 18 CLAYESMORE | S I XTH FORM | PROS PECTUS 202 6 / 2 8