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Economics
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We believe Economics develops global citizens who can understand their role in society and the interconnected relationships between consumers, firms and governments.
In our curriculum, students develop knowledge and understanding of both micro and macroeconomic principles. In microeconomics, students use economic models to understand the decisions made by firms within the market structure that they operate and the industry that they are in. Students use these microeconomic concepts to develop an understanding of the macroeconomy. Exploration of current and recent historical governmental policies contextualise theory and enable students to critically analyse the assumptions that economic models are based upon. Through discussion, students consider challenging questions applying economic models to a variety of real-world issues.
In Key Stage 5 students in A Level Economics (AQA) will study:
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Term 1 |
Term 2 |
Term 3 |
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Year 12 |
Micro Economic methodology and the economic problem Price determination in a competitive market Macro The measurement of macroeconomic performance How the macroeconomy works – circular flow of income and AD/AS analysis |
Micro Production, costs and revenue Market mechanism, market failure and government intervention Macro Economic performance Macroeconomic policy |
Micro Market mechanism, market failure and government intervention The distribution of income and wealth Market structures Macro Macroeconomic policy Fiscal and supply side policies |
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Year 13 |
Micro Individual economic decision making The labour market Macro Financial markets and monetary policy The international economy |
Micro Market structures The distribution of income and wealth Macro The international economy Fiscal policy and supply side policies |
Micro Consolidation of Y12 and Y13 content Paper 3 preparation
Macro Consolidation of Y12 and Y13 content Paper 3 preparation |
If you wish to receive further information regarding our Economics curriculum, please send an email to admin@coundoncourt.org and mark it FAO Ms A Wilkinson, Learning Team Leader for Business and Economics.
