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
Study Hours Required
Approximately 150 hours.
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.
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)
50% of the total AS marks
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)
50% of the total AS marks
Paper 2 will assess macroeconomics and questions will be drawn from Unit 2.
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