New GCEs for 2008

GCE Economics (2140)

A2 outline

At A2, candidates develop the micro and macroeconomics already learnt at AS, considering economic concepts and theories in greater depth and recognising the values and limitations of economic models. Both A2 modules explore two contemporary and relevant contexts: the global context, which includes the impact of globalisation on UK economic performance; and the European Union context, embracing the effect of EU membership and economic policy on the UK economy.

The A2 specification has 2 units:

Unit 3: Business Economics and the Distribution of Income

Topic list

The firm: objectives, costs and revenues
Competitive markets
Concentrated markets
The labour market
Government intervention in the market.

Assessment

Written Paper:	2 hours
Weighting:	25% of total A Level marks
	80 raw marks (100 UMS)
Section A:	Two optional data response questions are set; candidates answer one.

Each question will have three sub-questions, carrying 5, 10 and 25 marks (40 marks in total). One question will always relate to a global context and the other to a European Union context.

Section B:

Three optional essay questions are set; candidates answer one.

Each question will have two sub-questions, carrying 15 and 25 marks (40 marks in total)

Unit 4: The National and International Economy

Topic list

Macroeconomic indicators
Managing the national economy
The international economy

Assessment

Written Paper:	2 hours
Weighting:	25% of total A Level marks
	80 raw marks (100 UMS)
Section A:	Two optional data response questions are set; candidates answer one.

Each question will have three sub-questions carrying 5, 10 and 25 marks (40 marks in total). One question will always relate to a global context and the other to a European Union context.

Section B:

Three optional essay questions are set; candidates answer one.

Each question will have two sub-questions, carrying 15 and 25 marks (40 marks in total).