Exam Board OCR
- How does the global economy affect you?
- Why do some people earn more money than others?
- Why is the UK in the European Union and why is Greece in so much financial difficulty?
By studying economics, students will be able to develop a much clearer understanding of how the world works and the impact that government and business decisions have in our daily lives. Economics is a challenging course that requires students to have a questioning approach to their studies giving them a new perspective on the world in which we live.
The course is assessed through 3 examinations set at the end of Year 11.
The main exam is worth 50% of the overall grade and tests the students’ understanding of the UK and the global economy, looking at the roles of other economies.
Two further 1 hour exams look at businesses and the role of Government in the economy.
The GCSE is split into 3 assessed units. Students will address competitive markets and how businesses compete. They will also look at the role of Government, focusing on the UK Budget, a key topic in the current economic climate. Students will also gain a full appreciation of where the UK fits in global terms and the impact the UK has on other economies. The course covers some very high-level topics, explaining how these will impact on their everyday lives, making the course both relevant and essential for many students.
Progression from this Course
Students wishing to pursue the course further could go on to the A-Level Economics course at College but will also find that the economic concepts and theories discussed will be of personal use in whatever direction the students decide to go in future.
Students wishing to study Economics should be inquisitive about the world in which we live and work. Please be aware that in order to have a realistic chance of success in Economics GCSE students should have the potential to achieve Level 6 in English and Maths by the end of Year 9.
For Further information about Economics, please speak to Mr King or Mrs Potts.