Study economics
through c6 At Ryburn Sixth
Economics is suitable for students who want to explore ways in which daily choices made by individuals, businesses and national governments influence our lives.
In Year One, students will be introduced to the nature of economics, how markets work and why they fail, consumer choices and the role of businesses/enterprise in the economy. The role of banks, the financial sector and aspects of life in a global economy are also considered.
In Year Two, students explore more broadly the impact of globalisation on consumers, firms and the labour market. In addition, the role of the government in the economy is considered, alongside the causes and legacy of the Global Financial Crisis.
Entry Requirements: No prior study of Economics or Business Studies is necessary. A grade 6 in Mathematics and English is required.
What will I study?
Qualification: A-level Economics
Exam Board: Pearson Edexcel
Topics covered:
Theme 1: Markets, Consumers and Firms
- Enterprise, business and the economy
- Introducing the market
- The role of credit in the economy
- Market failure and government intervention
- Revenue, costs, profit and cash
Theme 2: The Wider Economic Environment
- Business growth and competitive advantage
- Films, consumers and elasticity of demand
- Productive efficiency
- Life in a global economy
- The economic style
- Introduction to macroeconomic policy
Theme 3: The Global Economy
- Globalisation
- Economic factors in business expansion
- Impact of globalisation on global companies and on local and national economies
- Global labour markets
Theme 4: Making Markets Work
- Competition and market power
- Market power and market failure
- Market failure across the economy
- Macroeconomic policies and impact on firms and individuals
- Risk and the financial sector
See also:
Ready to take your
next steps?