OCR AS Level Economics (Level 3)

Suitable For

Suitable for those who wish to gain further knowledge in this subject.

Course Content

1. The first module provides an introduction to the study of Economics and why economic choices have to be made by individuals and firms . It provides an understanding of how markets operate and the influence of markets on behaviour. Failure of certain markets is also covered. 2. The second module deals with the whole economy and includes the study of government policy and management of the economy in terms of growth, unemployment, inflation and international trade. The second year modules apply economic analysis to specific areas, developing AS work. 1. The Transport module focuses on the application of economic principles to transport industries in the United Kingdom. Issues examined include the organisation, financing and pricing of transport. 2. The final module draws upon all the skills that have been developed throughout the course and applies them to an analysis of the United Kingdom's performance within the world economy. Year one: 1. Markets in Action (25%) 2. National and International Economy (25%) Year two: 3. Transport Economics (25%) 4. The Global Economy (25%)

Assessment Method

1. Examination 1 1/2 hour (January 2011) 2. Examination 1 1/2 hour (June 2011) 3. Examination 2 hours (January 2011) 4. Pre - issue case study followed by an examination based on the material in the case study (2 hours June 2012)

Progression

Many students who study Economics choose to continue with the subject at University. It is also of value for students who wish to study Accountancy or Business at a higher level.

Additional Information

Examination Board: OCR.

Entry Requirements

Five GCSE passes at Grades A - C including English at Grade C or above. No previous knowledge of the subject required.