Economics B
AS and A-Level
September 2016
(Edexcel)
The Business Education department
Mr Rockliffe
Head of the Social Sciences Faculty and Subject
Leader for Business Education
Miss Bryan
Teacher of Business & Economics
A Level at a glance
Theme 1 Markets,
consumers and firms
Theme 3 Making markets
work
Theme 2 The wider
economic environment
Theme 4 The global
economy
Paper 1 Markets and how
they work (2 hours) 35 %
Paper 2 Competing in the
global economy (2 hours)
35%
Paper 3 The economic environment and business
(2 hours) 30%
*All exams sat at the end of the two year course
AS at a glance
Theme 1 Markets,
consumers and firms
Theme 2 The wider
economic environment
Paper 1 Markets,
consumers and firms (1
hour 30 mins) 50%
Paper 2 The wider
economic environment (1
hour 30 mins) 50%
*All exams sat at the end of the one year course
Content: Themes 1 and 2
Theme 1- MR ROCKLIFFE
1.1 Scarcity, choice and potential
conflicts
1.2 Enterprise, business and the
economy
1.3 Introducing the market
1.4 The role of credit in the
economy
1.5 Market failure and
government intervention
1.6 Revenue, costs, profits and
cash
Theme 2- MISS BRYAN
2.1 Business growth and
competitive advantage
2.2 Firms, consumers and
elasticities of demand
2.3 Productive efficiency
2.4 Life in a global economy
2.5 The economic cycle
2.6 Introduction to
macroeconomic policy
Content: Themes 3 and 4
Theme 3
3.1 Globalisation
3.2 Economic factors in
business expansion
3.3 Impact of globalisation on
global companies
3.4 Impact of globalisation on
local and national economies
3.5 Global labour markets
3.6 Inequality and redistribution
Theme 4
4.1 Competition and market
power
4.2 Market power and market
failure
4.3 Market failure across the
economy
4.4 Macroeconomic policies
and impact on firms and
individuals
4.5 Risk and the financial
sector
Paper 3- Case study
• This paper has a pre-released context to
enable students to investigate an industry or
market in which businesses operate.
• Students on the A-level course will work on
this after their AS exam leave and during the
summer before Y13 starts in the September.
Quantitative Skills
• The assessment of quantitative skills will
include at least Level 2 mathematical skills as
a minimum of 10% of the overall A Level
marks (5% of the overall AS marks).
Assessment objectives
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Knowledge and understanding 25%
Application 25%
Analysis 25%
Evaluation 25%
Expectations
• Grade C in GCSE English
• Grade C in GCSE Maths
• Grade C in GCSE Business Studies /Economics
(if studied)
• Don’t need GCSE Business/ Economics to start
• ‘Bridging the gap’ work
After the A-level
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Economics
Business
Enterprise
Marketing
Accountancy
Law
Any questions?