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GCE-AL Economics (Edexcel, OCR, AQA, WJEC)
Edexcel Advanced GCE (NEW) Economics A (9EC0)
Theme 1: Introduction to markets and market failure
This theme is one of two in this qualification that focuses on microeconomics. This theme introduces students to the microeconomic nature of economics, looking at economic problems and the ways economists think and work.
Theme 2: The UK economy – performance and policies
This theme is one of two in this qualification that focuses on macroeconomics. This theme introduces the key measures of economic performance and the main instruments of economic policy primarily in a UK context.
Theme 3: Business behaviour and the labour market
This theme builds on the content of Theme 1: Introduction to markets and market failure and focuses on business economics.
Theme 4: A global perspective
This theme builds on the knowledge and skills gained in Theme 2: The UK economy – performance and policies, and applies them in a global context.
Assessment
Paper 1: Markets and business behaviour [*Paper code: 9EC0/01] (35%)
Paper 2: The national and global economy [*Paper code: 9EC0/02] (35%)
Paper 3: Microeconomics and Macroeconomics [*Paper code: 9EC0/03] (30%)
Edexcel Subsidiary GCE (NEW) Economics A (8EC0)
Theme 1: Introduction to markets and market failure
This theme focuses on microeconomic concepts. Students will develop an understanding of: nature of economics, how markets work, market failure, government intervention.
Theme 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 and policy.
Assessment
Paper 1: Introduction to markets and market failure [*Paper code: 8EC0/01] (50%)
Paper 2: The UK economy – performance and policies [*Paper code: 8EC0/02] (50%)
Edexcel Advanced GCE (NEW) Economics B (9EB0)
Theme 1: Markets, consumers and firms
In this theme, students explore the way in which consumers make choices and entrepreneurs create desirable products.
Theme 2: The wider economic environment
This theme helps students to explore how firms can become more competitive. It introduces them to the wider international and economic environment in which firms operate.
Theme 3: The global economy
This theme builds on the content of Theme 2: The wider economic environment and continues its focus on the international economic environment.
Theme 4: Making markets work
This theme starts by considering degrees of competition within markets and then encourages students to apply their understanding to how governments may improve the functioning of markets and the economy.
Assessment
Paper 1: Markets and how they work [*Paper code: 9EB0/01] (35%)
Paper 2: Competing in the global economy [*Paper code: 9EB0/02] (35%)
Paper 3: The economic environment and business [*Paper code: 9EB0/03] (30%)
Edexcel Subsidiary GCE (NEW) Economics B (8EB0)
Theme 1: Markets, consumers and firms
In this theme, students explore the way in which consumers make choices and entrepreneurs create desirable products.
Theme 2: The wider economic environment
This theme helps students to explore how firms can become more competitive. It introduces them to the wider international and economic environment in which firms operate.
Paper 1: Markets, consumers and firms [*Paper code: 8EB0/01] (50%)
Paper 2: The wider economic environment [*Paper code: 8EB0/02] (50%)
What to know more about GCE-AL of OCR, AQA, WJEC ? Please contact Miss Lee for more details.