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A Level Economics Course Edexcel

This International A Level Economics Course with Edexcel will help you develop an interest in, and enthusiasm for, the subject and appreciate the contribution of economics to the understanding of the wider economic and social environment. You will develop an understanding of a range of concepts and an ability to use those concepts in a variety of different contexts.

This course will develop your analytical and quantitative skills, together with qualities and attitudes that will equip you for the challenges, opportunities and responsibilities of adult and working life.

  • Awarding Body: Edexcel
  • A' Level Economics: YEC11
    AS Level Economics: XEC11
  • Learning Hours: 360hrs Full A Level
  • Fast Track Available
  • Full A Level Qualification

Enrol Anytime | Enrolment Fee £395

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Syllabus

The Full A Level has four topics you will need to cover (IAS and IA2).  The AS Level has two topics and these are all listed below.

IAS Modules

1.3.1 Introductory concepts

  • 1 The nature of economics
  • 2 Positive and normative economics
  • 3 Scarcity
  • 4 Production possibility frontiers
  • 5 Specialisation and the role of money and financial markets
  • 6 Free market, mixed and command economies

1.3.2 Consumer behaviour and demand

  • 1 Rational decision making
  • 2 The demand curve
  • 3 Price, income and cross-elasticities of demand

1.3.3 Supply

  • 1 The supply curve
  • 2 Price elasticity of supply

1.3.4 Price determination

  • 1 Determination of market equilibrium
  • 2 Consumer and producer surplus
  • 3 Functions of the price mechanism
  • 4 Indirect taxes and subsidies

1.3.5 Market failure

  • 1 Sources of market failure
  • 2 Positive and negative externalities
  • 3 Non-provision of public goods
  • 4 Imperfect market information
  • 5 Moral hazard
  • 6 Speculation and market bubbles

1.3.6 Government intervention in markets

  • 1 Purpose and methods of government intervention
  • 2 Government failure

2.3.1 Measures of economic performance

  • 1 Economic growth
  • 2 Inflation
  • 3 Employment and unemployment
  • 4 Balance of payments

2.3.2 Aggregate demand (AD)

  • 1 The characteristics of AD
  • 2 Consumption (C)
  • 3 Investment (I)
  • 4 Government expenditure (G)
  • 5 Net trade balance (X−M)

2.3.3 Aggregate supply (AS)

  • 1 The characteristics of AS
  • 2 Short-run AS (SRAS)
  • 3 Long-run AS (LRAS)

2.3.4 National income

  • 1 National income
  • 2 Injections and withdrawals
  • 3 Equilibrium level of real output
  • 4 The multiplier

2.3.5 Economic growth

  • 1 Causes of growth
  • 2 Benefits of growth
  • 3 Costs of growth
  • 4 Output gaps

2.3.6 Macroeconomic objectives and policies

  • 1 Macroeconomic objectives
  • 2 Possible conflicts between macroeconomic objectives
  • 3 Macroeconomic supply-side policies
  • 4 Macroeconomic demand-side policies

IA2 Modules

3.3.1 Types and sizes of businesses

  • 1 Types of business
  • 2 Size of businesses
  • 3 Business objectives

3.3.2 Revenue, costs and profits

  • 1 Revenue
  • 2 Costs
  • 3 Economies and diseconomies of scale
  • 4 Profits and losses


3.3.3 Market structures and contestability

  • 1 Efficiency
  • 2 Concentration ratio
  • 3 Perfect competition
  • 4 Monopolistic competition
  • 5 Oligopoly
  • 6 Monopoly
  • 7 Monopsony
  • 8 Contestability

3.3.4 Labour markets

  • 1 The demand for labour
  • 2 The supply of labour
  • 3 The determination of wage rates in competitive and non-competitive markets
  • 4 Market failure in the labour market

3.3.5 Government intervention

  • 1 Government intervention in product markets
  • 2 Government intervention in labour markets

4.3.1 Causes and effects of globalisation

  • 1 Characteristics of globalisation
  • 2 Causes of globalisation
  • 3 Effects of globalisation


4.3.2 Trade and the global economy

  • 1 Specialisation and comparative advantage
  • 2 Patterns and volume of world trade
  • 3 Terms of trade
  • 4 Trade liberalisation and trading blocs
  • 5 Restrictions on free trade

4.3.3 Balance of payments, exchange rates and international competitiveness

  • 1 Balance of payments
  • 2 Exchange rates
  • 3 International competitiveness

4.3.4 Poverty and inequality

  • 1 Poverty
  • 2 Inequality

4.3.5 The role of the state in the macroeconomy

  • 1 Public expenditure
  • 2 Taxation
  • 3 Public sector borrowing and public sector debt
  • 4 Macroeconomic policies

4.3.6 Growth and development in developing, emerging and developed economies

  • 1 Measures of economic development
  • 2 Constraints on growth and development
  • 3 Measures to promote growth and development

What can I do with an A Level in Economics?

International Advanced Level qualifications enable successful progression on to further study and the workplace. Through Edexcel’s world-class qualification development process they have consulted with higher education representatives to validate the appropriateness of these qualifications, including content, skills and assessment structure.

For more information about the Pearson Edexcel exam board, please click here. 

Previous Knowledge Required

There are no previous entry requirements for this course, however students are expected to have a reasonable standard of literacy. 

You have the freedom to start the course at any time and continue your studies at your own pace for a period of up to 24 months from initial registration with the full support of your Tutor.

Enrolment Fees

Our Enrolment fee for this course is noted at the top of this page where you can enrol directly onto the course.  This fee includes access to your course including tutor support for 2 years.

Our enrolment fee includes:

  • All study materials covering the full specification.
  • Full support where you can also message your tutor as many times as you need to.
  • Access to our online Library with a full range of eBooks.
  • Help completing university applications including UCAS and The Common Application.
  • Reference and predicted grade for University.
  • Assignment marking and feedback
  • Marked and graded practise examination papers
  • Eligibility for a Totum Card if you reside within the UK
  • Fast Track A Level if required and flexible learning from home 24/7.

The only other fee you will need to pay is for your exams which is due approximately six months prior and this will be paid directly to the exam centre.

Assessments

Students will be required to arrange and pay for their examinations at an Edexcel approved centre. We can provide an extensive list of these centres for you.

A Level Exams
There are four exams for the full A Level qualification. The length of each exam is as follows:

Paper 1 – 1 hour 45 min
Paper 2 – 1 hour 45 min
Paper 3 – 2 hours
Paper 4 – 2 hours

Paper 1 Paper 1 Paper 1 Exam Paper 4 A Level Qualification

AS Level Exams
There are two exams for the AS Level qualification. The length of each exam is as follows:

Paper 1 – 1 hour 45 min
Paper 2 – 1 hour 45 min

Paper 1 Paper 1 IAS Exams

For Edexcel International AS & A Level Economics, learners can:

take Papers 1 and 2 only (for the Edexcel International AS Level qualification) or

follow a staged assessment route by taking Papers 1 and 2 (for the Edexcel International AS Level qualification) in one series, then Papers 3 and 4 (for the Edexcel International A Level qualification) in a later series or

take Papers 1, 2, 3 and 4 in the same examination series, leading to the full Edexcel International A Level.

A Level Economics Course Outcome

On successful completion of all your exams for the A Level Economics Online Course, you will be awarded one of the following qualifications:

International A Level in Economics with Pearson Edexcel | International AS Level in Economics with Pearson Edexcel

Click here for more information about Pearson Edexcel and to be taken to their official website

FAQs

You can enrol online right now by Card or PayPal (Visa, Mastercard, Maestro and American Express). Alternatively, we also accept BACS transfer or we can send you a payment link.

Your A Level course will be online.  You will access it via our online portal.  

With our courses, we have learners from all over the world enrolled.  Therefore, if we restricted your learning to certain times, not everyone would be available.  All our courses are accessible 24/7 via our online secure portal.  Any videos on your portal would be pre-recorded meaning you can work through your course at your own pace.

By opting for our International A Level, you can study the course from anywhere and exam centres are located all over the world.  With our UK A Levels (AQA), you can study them from outside of the UK, however you would need to sit the actual exams for these within the UK.

You will be provided with eBooks for this course. If you want to purchase physical books in addition, then we can provide you with the book ISBN numbers.

The Guided learning hours for A Levels are as follows:-

AS Level: 180 hours

A Level:  360 hours

These figures are for guidance only. The number of hours needed to gain the qualification may vary depending on your previous experience of the subject.

Yes you will gain UCAS points and these depend on your final grade once you have completed your exams. 

If you are referring to A Levels at college then yes!

You will sit the same exam as thousands of students across the world in an exam centre, and achieve the same qualification as everyone else.

Provided you have completed enough work on the course within a reasonable amount of time, we will be able to provide a predicted grade / reference for university. 

Please provide at least 3 months notice for this, otherwise this will incur a small fee.

We want exams to be as competitively priced for our learners as possible and therefore that is why we direct them to the examination centres rather than charge upfront fees.

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