Subject
Economics
Ks5 AS/A LEVEL (EXAM BOARD: OCR) Course Description and Organisation This course comprises four assessment units (two for AS and two for A2). Economics is the study of how society allocates scarce resources between competing claims on their use. Economic issues affect the lives of everyone: when we decide which goods to buy, how we divide up our work and leisure time, how businesses survive, and what policies governments use to run the country. Economics examines the issues and develops models of human behaviour. These models allow us to some extent to analyse problems, predict outcomes, and evaluate policies. How is money defined, and what are interest rates and exchange rates? Is free trade a good thing? Why do unemployment and inflation keep going up and down and fluctuate between regions and countries? How do taxes affect the behaviour of firms and consumers? Assessment Arrangements Each AS unit has a 1 hour 30 minute exam, made up of a data response question and an essay. Each A2 unit, which is synoptic, has the same method of assessment, but is a 2 hour exam. Project/Coursework Details and Deadlines
Career Opportunities Many degree courses involve an element of economics and so it is relevant to a wide range of subjects, but it is particularly useful for careers in law, accountancy, business and finance. Exam Board Link
http://www.ocr.org.uk/qualifications/as-a-level-gce-economics-h061-h461/