A-level Economics

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A-Level Economics delves into economic principles and applications at both Microeconomics and Macroeconomics levels. The course analyzes in-depth aspects such as price systems and government intervention, international trade, employment issues, inflation, as well as macroeconomic theories and policies. Upon completion, students will develop sharp analytical and evaluative skills for economic information and issues, creating a solid foundation for specialized research or practical application.

Common Challenges When Learning A-Level Economics

Course Content

1.1: Scarcity, choice and opportunity cost

1.2: Positive and normative statements

1.3: Factors of production

1.4: Resource allocation in different economic systems and issues of transition

1.5: Production possibility curves

1.6: Money

1.7: Classification of goods and services

2.1: Demand and supply curves

2.2: Price elasticity, income elasticity and cross-elasticities of demand

2.3: Price elasticity of supply

2.4: Interaction of demand and supply

2.5: Consumer and producer surplus (A-level only from here)

2.6: Utility

2.7: Indifference curves and budget lines

2.8: Efficiency and market failure

2.9: Private costs and benefits, externalities and social costs and benefits

2.10: Types of cost, revenue and profit, short-run and long-run production

2.11: Different market structures

2.12: Growth and survival of firms

2.13: Differing objectives and policies of firms

3.1: Reasons for government intervention in markets

3.2: Methods and effects of government intervention in markets

3.3: Addressing income and wealth inequality (A-level only from here)

3.4: Government policies to achieve efficient resource allocation and correct market failure

3.5: Equity and redistribution of income and wealth

3.6: Labour market forces and government intervention

4.1: National income statistics

4.2: Introduction to the circular flow of income

4.3: Aggregate Demand and Aggregate Supply analysis

4.4: Economic growth

4.5: Unemployment

4.6: Price stability (A-level only from here)

4.7: The circular flow of income

4.8: Economic growth and sustainability

4.9: Employment/unemployment

4.10: Money and banking

5.1: Government macroeconomic policy objectives
5.2: Fiscal policy
5.3: Monetary policy
5.4: Supply-side policy (A-level only from here)
5.5: Government macroeconomic policy objectives
5.6: Links between macroeconomic problems and their interrelatedness
5.7: Effectiveness of policy options to meet all macroeconomic objectives

6.1: The reasons for international trade

6.2: Protectionism

6.3: Current account of the balance of payments

6.4: Exchange rates

6.5: Policies to correct imbalances in the current account of the balance of payments

6.6: Policies to correct disequilibrium in the balance of payments

6.7: Exchange rates

6.8: Economic development

6.9: Characteristics of countries at different levels of development

6.10: Relationship between countries at different levels of development

6.11: Globalisation

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A-level Economics
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Frequently Asked Questions

Frequently Asked Questions About

A-level Economics

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The subject demands logical thinking, analytical skills, and an understanding of abstract economic models. With teaching methods focused on application and a personalized pathway at Intertu, you can completely master the subject.
Solid basic mathematical skills are needed (especially reading comprehension of graphs and basic calculations). However, logical thinking and economic analytical and reasoning skills are often more important than advanced mathematical skills.
Economics studies how individuals, businesses, and governments make decisions in the context of scarce resources, focusing on markets and the economy as a whole (micro & macro). Business focuses on corporate management, while Accounting specializes in financial information.
The ability to accurately apply economic models to real-world situations, analyze data and graphs, evaluate economic policies multi-dimensionally, and write coherent essays are key skills.
Intertu offers a personalized pathway designed by teachers specializing in A-Level Economics, focusing on in-depth understanding of theory, practicing model application, data analysis, policy evaluation, and exam preparation through a system of mock tests aligned with actual exams.
Yes. Intertu Education offers Trial Classes for A-Level Economics for students to experience our teaching methods and meet the teacher.
The tuition fee for A-Level Economics at Intertu Education depends on the selected study hour package and level of support service. Please contact Intertu's counseling team directly for a detailed fee schedule and advice.