This A Level Economics course explores the fundamental principles that underpin how individuals, businesses, governments, and nations make economic decisions. It begins by introducing key economic concepts such as scarcity, opportunity cost, and the role of economic agents, before diving into different economic systems and the implications of resource allocation. Students learn how markets function through the interaction of supply and demand, understand the significance of elasticities, and analyse how prices act as signals to allocate scarce resources efficiently.

The course covers critical topics such as market failure, including externalities and information gaps, and explores how governments intervene to correct these inefficiencies. Through detailed case studies, learners evaluate the effectiveness of taxation, subsidies, regulations, and pollution permits, while also discussing the unintended consequences of government failure. In business and labour market modules, students examine firm behaviour, market structures, pricing strategies, and labour supply and demand, developing insight into how policy shapes outcomes in real industries.

Macroeconomic modules focus on national performance indicators such as inflation, unemployment, GDP, and trade balance. Learners will use aggregate demand and supply models to assess how economies respond to external shocks and government policy. Through a strong emphasis on fiscal, monetary, and supply-side tools, students gain the skills to critique how macroeconomic objectives are pursued, and how these often come into conflict. Global modules explore the interconnectedness of economies through trade, financial markets, and international institutions like the IMF and WTO. Topics include exchange rates, trade barriers, developing economies, and the impact of globalisation.

The course concludes with a structured exam preparation section, offering support in structuring essays, answering data response questions, and building analytical and evaluative writing techniques. This ensures students are confident, well-prepared, and capable of applying their knowledge under exam conditions.