A-level Economics


A-level Economics

Exam Board

AQA: https://www.aqa.org.uk/subjects/economics/as-and-a-level/economics-7135-7136

Course Description

A Level Economics encompasses subjects associated with economics including the market system, market failure and government intervention, the national and international economy, economics of work and leisure, the UK economy and economics in a European context in order to give you the broadest knowledge possible.


The operation of markets and market failure

  1. Economic methodology and the economic problem
  2. Price determination in a competitive market
  3. Production, costs and revenue
  4. Competitive and concentrated markets
  5. The market mechanism, market failure and government intervention in markets

The national economy in a global context

  1. The measurement of macroeconomic performance
  2. How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts
  3. Economic performance
  4. Macroeconomic policy


  • Paper 1 | Markets and market failure | 33.3% of A-level | 80 marks
  • Paper 2 | National and international economy | 33.3% of A-level | 80 marks
  • Paper 3 | Economic principles and issues | 33.3% of A-level | 0 marks

Entry Requirements

Our general entry requirements are that you will need a minimum of five Grade 6s in your GCSEs to study A-Levels.

You do not need to have studied Economics at GCSE level to take this course. It does have a high mathematical content so is recommended for those with a grade 6 or above in GCSE maths

Leads to

Study at University Economics.

Potential Careers

Appropriate as part of a broad and balanced curriculum for access to further studies and/or training, with a key focus on the field of business and related subjects including Marketing, Finance, Human Resources.

June 2022


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