A Level Economics
About the Course
Markets in Action
This unit focuses on microeconomics (firms and households) and examines how competitive markets work.
Theme 1 Introduction to markets and market failure,
Nature of economics
How markets work
Theme 2 The UK economy – performance and policies
Measures of economic performance
Macroeconomic objectives and policies can fail and methods of government intervention to resolve market failure.
The National and International Economy
This unit focuses on macroeconomics (the whole economy). You will review supply and demand across the whole economy, government economic policies and see how they can be used to manage the economy. You will also look at the international economy and how this affects the UK.