AS in Economics (2015 Specification)

Examining Board: Edexcel
Next Examination Period: May/June 2019
Exam Specification Code: 9ECO
Coursework Element: None
Practical Element: None
Course Fee Includes: Online course materials and tutor support. Additional materials available at extra cost.

Edexcel A Levels are available for study anywhere in the world. Examinations can be taken at any registered examination centre in the world. It is recommended students check with examining centres that the chosen exam is available.

 

Introduction

This course will help students to develop the skills understanding economics. Students are encouraged to use an enquiring, critical and thoughtful approach to the study of economics, to understand that economic behaviour can be needed to succeed in today’s changing world and will open up a wide range of opportunities in employment and for those wishing to continue to study at university. Students will acquire specific and relevant skills in analysis, evaluation, critical thinking, and decision making that can be applied across a broad range of contexts. The Pearson Edexcel Level 3 Advanced Subsidiary GCE in Economics A is structured into two themes and consists of two externally examined papers.

Students develop knowledge and understanding of core economic models and concepts in the two themes. Students will need to apply their knowledge and understanding to both familiar and unfamiliar contexts in the assessment and demonstrate an awareness of current economic events and policies.

Accredited Level 2 Diploma Economics

AS Level Economics Entry Requirements

Although the AS Level Economics programmes build on the course content of GCSE, it is not necessary to have this qualification before undertaking an AS Level. However, in order to meet the demands of the course, it is recommended that candidates have literacy and communication skills equivalent to C or higher at GCSE. Please note that full tutor support is still provided throughout your course duration.

All students must be 16 years of age or above.

AS Level Economics Course Duration

1 year.

Study Hours Required

Approximately 150 hours.

Awarding Body

Pearson Edexcel

Edexcel A Levels are available for study anywhere in the world. Examinations can be taken at any registered examination centre in the world. It is recommended students check with examining centres that the chosen exam is available.

Examination Information

Students are required to arrange and pay for their AS Level Economics examinations and manage the course work element if the subject requires this. Students must check the relevant examination board website for further information and final examination sitting dates for the specification.

All examinations are held during the May / June exam period of every year.

AS Level Economics Course Content

AS Level Economics Unit 1: Introduction to Markets and Market Failure

This theme focuses on microeconomic concepts. Students will develop an understanding of:

  • The nature of economics.
  • How markets work.
  • Market failure.
  • Government intervention.

AS Level Economics Unit 2 : The UK Economy- Performance and Policies

This theme focuses on macroeconomic concepts. Students will develop an understanding of:

  • Measures of economic performance.
  • Aggregate demand.
  • Aggregate supply.
  • National income.
  • Economic growth.
  • Macroeconomic objectives.

AS Level Economics Assessment

There will be two written exam papers. Paper 1 and Paper 2 to be taken at one sitting, each paper is 50% of total marks for this qualification.

AS Level Economics Paper 1: Introduction to markets and market failure (code: 8ECO/01)
Externally assessed
Availability: May/June
50% of the total AS marks

Overview

Paper 1 will assess microeconomics and questions will be drawn from Unit 1.

AS Level Economics Paper 2: The UK economy – performance and policies (code 8EC0/02)

Externally assessed
Availability: May/June
50% of the total AS marks

Overview

Paper 2 will assess macroeconomics and questions will be drawn from Unit 2.

 

Progression

Our AS-Level programmes are eligible for UCAS points, making them a great choice for students aiming to progress to University. UCAS points are awarded according to the grade earned, please see below for details.

AS levels are also widely recognised by employers and are useful for students looking to progress their careers or meet requirements for promotion.

UCAS Points Table

A = 20
B = 16
C = 12
D = 10
E = 6

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