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  1. Home
  2. Subjects
  3. Economics
  4. A-level Economics

A-level Economics7136

SpecificationPlanning resourcesTeaching resourcesAssessment resourcesKey dates
1.0 Introduction
2.0 Specification at a glance
3.0 Subject content
3.1 Individuals, firms, markets and market failure
3.2 The national and international economy
4.0 Scheme of assessment
5.0 General administration
Annex: Quantitative skills in Economics
AS and A-level Economics Specifications for first teaching in 2015

AS and A-level Economics Specifications for first teaching in 2015

18 Nov 2021

PDF | 878.56 KB

2.0 Specification at a glance

Subject content

Individuals, firms, markets and market failure

  • 1 The economic problem and economic methodology
  • 2 Individual economic decision making
  • 3 Price determination in a competitive market
  • 4 Production, costs and revenue
  • 5 Perfect competition, imperfectly competitive markets and monopoly
  • 6 The labour market
  • 7 The distribution of income and wealth: poverty and inequality
  • 8 The market mechanism, market failure and government intervention in markets

The national and international economy

  • 9 The measurement of macroeconomic performance
  • 10 How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts
  • 11 Economic performance
  • 12 Financial markets and monetary policy
  • 13 Fiscal policy and supply-side policies
  • 14 The international economy

Assessments

Paper 1: Markets and market failure

What's assessed

Content 1–8 above

Assessed

  • written exam: 2 hours
  • 80 marks
  • 33.3% of A-level

Questions

  • Section A: data response questions requiring written answers, choice of one from two contexts worth 40 marks
  • Section B: essay questions requiring written answers, choice of one from three worth 40 marks

Paper 2: National and international economy

What's assessed

Content 9–14 above

Assessed

  • written exam 2 hours
  • 80 marks
  • 33.3% of A-level

Questions

  • Section A: data response questions requiring written answers, choice of one from two contexts worth 40 marks
  • Section B: essay questions requiring written answers, choice of one from three worth 40 marks

Paper 3: Economic principles and issues

What's assessed

All content 1–14 above

Assessed

  • written exam: 2 hours
  • 80 marks
  • 33.3% of A-level

Questions

  • Section A: multiple choice questions worth 30 marks
  • Section B: case study questions requiring written answers, worth 50 marks

All the question papers are compulsory

1.0 Introduction
3.0 Subject content
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