Economics and Business
AS and A-Level
Starting September 2015
(Edexcel)
The Business Education department
Mr Rockliffe
Head of the Social Sciences Faculty and Subject
Leader for Business Education
Miss Bryan
Teacher of Business and Economics
Mrs Featherstone
Teacher of Business and Economics and
Enterprise Coordinator
A Level at a glance
Theme 1 Markets,
consumers and firms
Theme 4 Making markets
work
Theme 2 The wider
economic environment
Theme 3 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
• Scarcity, choice and
potential conflicts
• Enterprise, business and the
economy
• Sources and methods of
finance
• Introducing the market
• Market failure and
government intervention
• Revenues, cash and profits
Theme 2
• Business growth and
competitive advantage
• Marketing and elasticities of
demand
• Increasing business
efficiency
• Life in a global economy
• The economic cycle
• Introduction to
macroeconomic policy
Content: Themes 3 and 4
Theme 3
• Globalisation
• Business expansion
• Global marketing
• Multinational corporations
• Global labour markets
• Inequality and
redistribution
Theme 4
• Competition and market
power
• Market failure in business
• Market failure across the
economy
• Macroeconomic policies
and impact on firms and
individuals
• Risk and the financial sector
Paper 3- Case study
• This paper has a pre-released context to
enable students to investigate an economy,
industry, market or economical issue.
• 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 20% of the overall A Level
marks (15% 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?