Chapters
About Edexcel A level Economics
Edexcel A level economics A is a course offered by the Edexcel exam board in the United Kingdom. It is an advanced level course that provides students with a strong foundation in micro and macroeconomics, and prepares them for further studies in economics, business, finance, and related fields.
What is covered?
The Edexcel A level economics A course covers a range of topics, including:
- Microeconomics: This includes the study of markets, supply and demand, market failure, government intervention, and the behaviour of firms and consumers.
- Macroeconomics: This covers the study of the economy as a whole, including topics such as economic growth, inflation, unemployment, international trade, and monetary and fiscal policy.
- Development economics: This is the study of economic growth and development in developing countries, including the role of international trade, aid, and debt.
- Global economics: This includes the study of international trade, finance, and development, including topics such as exchange rates, balance of payments, and globalization.
Throughout the course, students will learn to apply economic theories and concepts to real-world issues, and develop analytical and evaluative skills through the use of data, diagrams, and economic models.
Assessment for the Edexcel A level economics A course is through three written exams, which are taken at the end of the two-year course. Each exam is two hours long and covers a mix of multiple-choice, short-answer and extended-answer questions.