Economics

Private/Group Tuition - A Level

Economics at SLA

Exam Board: All Exam Boards

What is Economics?

Economics is concerned with trying to get the most out of the limited resources each country has in order to best satisfy its population. The subject tries to answer three basic questions: What should we produce? How should we produce it? For whom should we produce? The subject is divided into two; Microeconomics deals with scarcity issues on a small scale whilst Macroeconomics deals with them on a large scale.

What subjects combine well with Economics?

Economics combines well with Mathematics and Further Mathematics. However, many universities do not accept these two as separate subjects due to extensive overlaps in their syllabus. If you are interested in Further Mathematics, we suggest you study it as a stand-alone AS subject as a 4th subject. It also complements Geography, Sociology and Government & Politics. Students wishing to study Economics at Degree level may think of combining it with a science subject like Physics or Chemistry especially for applications to LSE. This demonstrates mathematical ability at this level.

What Careers and University courses can Economics lead to?

A good grade in Economics at A level is highly valued by universities and employers because it requires the student to develop a high level of critical thinking and analytical skills. Potential careers include Banking, Investment Consultant, Finance, Accounting, Financial Journalism and practice as a private or public sector economist. However, it is an excellent subject for any degree as a high grade in Economics shows that a student has a wide range of skills which are very attractive to universities and employers.

The Exam

Final Exam Structure
Level
Paper One
Paper Two
Paper Three
AS Level
Introduction to Economic Principles
Exploring Economic Issues
None
A Level
Economic Principles
Exploring Economics Behaviour
Evaluating Economic Models and Policies