Economics
| Autumn Term | Spring Term | Summer Term | |
| Year 12 | 4.1 Individuals, firms, markets and market failure | 4.1 Individuals, firms, markets and market failure | Consolidation and examination preparation |
| Skills | AO1, AO2, AO3 & AO4 | AO1, AO2, AO3 & AO4 | AO1, AO2, AO3 & AO4 |
|
Assessment |
End of unit assessment | End of unit assessment | Paper 1 Markets and Market failure – Mock Part assessment of paper 3 which consolidates micro and macro economics |
| Autumn Term | Spring Term | Summer Term | |
| Year 13 | 4.2 The national and international economy | 4.2 The national and international economy | Consolidation of units 1 and 2, a Consolidation of units 1 and 2, Examination preparation and case study analysis preparation and case study analysis |
| Skills | AO1, AO2, AO3 & AO4 | AO1, AO2, AO3 & AO4 | AO1, AO2, AO3 & AO4 |
The specification is split into two main sections: microeconomic issues and macroeconomic issues. Students will be assessed on their ability to use both quantitative and qualitative evidence to evaluate arguments and to support judgements relating to economic issues and problems.
Entry Requirements
5s in GCSE English Language and Maths
Exam Board
What three things should I do to further my independent learning of this subject?
1. Keep up to date with local and national politics and economic issues through appropriate media, investigate the economic policies that UK governments have undertaken from 1980 to the present and be able to consider the impact
these policies have had on industry.
2. Practise handling data and statistics from financial media on different industries by putting them into graphs and explaining the trend in the data. Practice demand and supply curves for different products and industries and analyse the changes from these graphs on variables within these industries such as labour costs or changes in production costs
3. Plan your time management skills and plan to complete homework and revision activities frequently (little and often are the best ways to develop long-term metacognitive recall of theories).