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Year 13 Economics Curriculum

Key topics to be taught this year: 

Autumn Term

Topic

Further details about the topic

Skills

1

The labour market

 

 

 

 

 

 

 

 

 

 

The distribution of income and wealth: poverty and inequality

 

 

Perfect competition, imperfectly competitive markets and monopoly

 

 

 

 

 

The demand for labour, marginal productivity theory, influences on the supply of labour to different markets, the determination of relative wage rates and levels of employment in perfectly competitive labour markets, the determination of relative wage rates and levels of employment in imperfectly competitive labour markets, the influence of trade unions in determining wages and levels of employment, the National Minimum Wage, discrimination in the labour market.

The distribution of income and wealth, the problem of poverty,  Government policies to alleviate poverty and to influence the distribution of income and wealth.  Measures of growth and development and related links.

Market structures, the objectives of firms,  perfect competition, monopolistic competition, oligopoly, monopoly and monopoly power, price discrimination, the dynamics of competition and competitive market processes,  contestable and non-contestable markets, market structure, static efficiency, dynamic efficiency and resource allocation,  consumer and producer surplus

Knowledge, application, analysis and evaluation

2

The market mechanism, market failure and government intervention in markets

 

 

 

 

 

 

 

 

 

 

The measurement of macroeconomic performance

 

How the macroeconomy works

 

 

 

 

 

Economic performance

 

 

 

 

Fiscal policy and supply-side policies

 

 

 

How markets and prices allocate resources (part), public goods, private goods and quasi-public goods (part), positive and negative externalities in consumption and production (part),  merit and demerit goods (part), market imperfections, competition policy, public ownership, privatisation, regulation and deregulation of markets, Government intervention in markets (part), Government failure (part)

Uses of national income data

 

 

Aggregate demand and the level of economic activity, determinants of long-run aggregate supply

Economic growth and the economic cycle, employment and unemployment, inflation and deflation, possible conflicts between macroeconomic policy objectives

Fiscal policy, supply-side policies

Knowledge, application, analysis and evaluation

Spring Term

 

 

 

1

Financial markets and monetary policy

 

 

The international economy

The structure of financial markets and financial assets,  commercial banks and investment banks,  central banks and monetary policy,  regulation of financial markets

Globalisation, trade, The Balance of Payments , exchange rate systems, economic growth and development

Knowledge, application, analysis and evaluation

2

Complete Spring term topics

Revision for A- Level Economics examinations

 

 

Scrutiny of past papers and mark schemes

Knowledge, application, analysis and evaluation

Summer Term

 

 

 

1

Revision for A- Level Economics examinations

 Scrutiny of past papers and mark schemes

Knowledge, application, analysis and evaluation

2

Revision for A- Level Economics examinations

Scrutiny of past papers and mark schemes

Knowledge, application, analysis and evaluation

Assessments: 

 

Topic

Type of Assessment

CAT 1

All areas covered in term 1

Exam paper

CAT 2

A Level Paper 1 and 2

Mock Exam

CAT 3

A Level Paper 3

Mock Exam

Main Resources: 

Resource

Details 

Term 

Text books

AQA A2 Economics by Powell (ISBN9781471829840)

All

Recommended reading

A quality newspaper

Economics by Alain Anderton (ISBN 9781405892353)

All

Recommended websites

www.bized.co.uk

www.tutor2u.net

www.economicsonline.co.uk

www.economist.com

http://www.bbc.co.uk/news/business/

All

Equipment

Pen, pencil, ruler, calculator

All

 

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