A Level Economics Course
A Level Course in Economics (AS/A2)
AS/A2 – A level in Economics. Both AS and A2 level courses and examinations must be successfully completed to gain a full A level.
Specification: Edexcel (AS) 8121 and Edexcel (A2) 9121
COURSE FEES: £295
- Managing the Economy
- Industrial Economics
- Labour Markets
- UK in the Global Market Place
You will need to obtain the following books:
- Grant S J, Stanlake’s Introductory Economics (Longman)
Please note the difference:
The purchasing of books applies to some A Level courses only. (All books and materials are supplied with all Diploma Courses that are listed on this site – See below).
Please ensure a clear distinction is made between this externally awarded course and all our other listed Open College UK Ltd certificate and diploma course subjects available throughout this website.
This particular course outlined above specifically relates to this page description ONLY and DIFFERS from other Open College UK Ltd courses which may include other items such as FREE membership eligibility, use of designatory lettering, Open College UK Ltd hard-back course content/materials, free CDs and other course related benefits and services offered by us throughout this entire Website.
This particular course is available through the Open College UK Ltd via our partner college in distance learning.
Please email us if you wish to enrol upon this course. We will send you the appropriate information and link to book onto it.
Unit 1: Markets – how they work
- The nature of economics
- Specialisation and trade
- Resource allocation in different markets
- Supply and demand
- Elasticities and price determination
- Applications of supply and demand analysis
- Government intervention in markets
Unit 2: Markets – why they fail
- Causes of market failure
- Public, merit and demerit goods
- Remedies for market failure
- Government failure
Unit 3: Managing the economy
- Indicators of economic performance
- Economic growth
- Aggregate demand and supply
- The equilibrium level of real output
- Macroeconomic policy objectives
- Policy objectives and policies
Unit 4: Industrial economics
- The birth and growth of firms
- Motives of firms and efficiency
- Comparisons of market structures
- Market behaviour
- Competition policy and regulation of privatised industries
Unit 5A: Labour markets
- Supply and demand for labour
- Wage determination and wage differentials
- Labour market failure
- Government intervention in labour markets
- Changes in labour markets
- Income and wealth distribution and poverty
Unit 5B: Economic development
- Indicators of development
- Causes of economic growth in developing countries
- Costs and benefits of economic growth
- Constraints on economic growth
- Development strategies
- Sources of external finance
Unit 6: The UK in the global economy
- Trade liberalisation and protectionism
- The balance of payments and exchange rates
- International competitiveness
- The European Union
- Public expenditure and taxation
- Assessment of policy instruments
- Unemployment and inflation
You have one complete year to complete this course. These courses vary from between 150 – 350 hours approximately.
Please feel free to email us for further clarification on individual hours involved.
Support contact details are included with your course once booked.
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