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ECONOMICS

Examined in June 2009 and June 2010
Examination Board: AQA

At AS candidates develop an understanding of, and an insight into, micro and macroeconomics. Students examine how markets work and fail, when and why governments intervene and how to measure macroeconomic performance. An interest in the business world and stock market is important. Maths GCSE is required, preferably at a high grade.

SCHEME OF ASSESSMENT

Advanced Subsidiary (AS)
Two modules are studied at AS.

UNIT	LEVEL	TOPIC	MODE OF ASSESSMENT	DURATION	WEIGHTING
					AS	A
1	AS	Markets and Market Failure	Written examination	1 hour 15 min	50 %	25 %
2	AS	The National Economy	Written examination	1 hour 15 min	50 %	25 %

A2
Two modules are also studied at A2
UNIT	LEVEL	TOPIC	MODE OF ASSESSMENT	DURATION	WEIGHTING A2
3	A2	Business Economics and the Distribution of Income	Written examination	2 hours	25 %
4	A2	The National and International Economy	Written Examination	2 hours	25 %

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