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Churchill Academy & Sixth Form


Economics at A Level is a rigorous, highly respected subject. It is not essential to have studied Economics at GCSE. An interest in the UK and global economy is vital. With economic issues top of the agenda in the UK, EU and the wider world, it is an exciting time to be studying this subject. We cover both microeconomics (individual markets such as oil) and macro-economics (the national economy). You will learn to analyse and evaluate topics such as market forces, competition, the power of large companies, labour markets, externalities, behavioural economics, economic growth, unemployment, inflation, financial markets, Europe and globalisation. 

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Subject specific entry requirement: Standard Sixth Form entry plus Grade 6 in GCSE Economics. If you have not studied GCSE Economics, entry will require a minimum of Grade 6 in GCSE Maths.
Qualification: A Level
Topics and areas covered:

Individuals, firms, markets and market failure:

  • Economic methodology and the economic problem
  • Individual economic decision making
  • Price determination in a competitive market
  • Production, costs and revenue
  • Competitive and concentrated markets
  • The labour market
  • The distribution of income and wealth: poverty and inequality
  • The market mechanism, market failure and government intervention in markets


The national and international economy:

  • The measurement of macroeconomic performance
  • How the macro-economy works : the circular flow of income, AD/AS analysis, and related concepts
  • Economic performance
  • Financial markets and monetary policy
  • Fiscal and supply-side policies
  • The international economy
Future career path:

Economics provides a strong grounding for the following professions:

  • Economist
  • Management consultant
  • Accountant
  • Financial and banking sector executive
  • Teacher
  • Politician
  • Market analyst
  • Journalist
Examination information: 100% exam - 3 separate papers covering a mix of multiple choice, short mark and essay style questions
Additional information: Opportunities to  attend a Regional Sixth Form Economics Conference; to enter Royal Economic Society/Bank of England/FT essay competitions.  Through the two years you may have the chance to hear from Bank of England representatives; ex-students studying Economics at university and professionals working in Business and/or Economics.