KS5 Economics


Expected Equipment

  • Pencil
  • Writing pens (Black/red/green/purple)
  • Rubber
  • Ruler
  • Calculator
  • Lined paper (A4)
  • Folder

Resources for learning

Students are studying Edexcel Economics A

They are expected to have their own textbooks. The recommended textbooks are:

Students are also recommended to:

  • Read either The Times, The Telegraph, The Guardian, The Financial Times or The Independent.
  • Read The Economist
  • Watch/listen to the news on a daily basis.
  • Attend evening debates at The London School of Economics

Curriculum Information

  • Students have 10 lessons every 2 weeks
  • Students are in classes of between 15 and 30
  • Students will have two teachers each teaching separate topics
  • Students are required to undertake on line tests in their own time every 3 weeks
  • Homework is set every week, with written exam questions set, to be handed in, every 2-3 weeks.
  • Homework can be handed in in lessons or completed on line via Teams
  • Students sit mocks after Christmas and after Easter and have end of year exams in June/July.
  • The teachers run drop in help clinics once a week and are always available for one to one help as needed.
  • The students are provided with revision booklets before Spring half term.
  • On the student part of the website we provide access to past papers, mark schemes, examiner’s reports, revision material, teacher PowerPoints and recommended reading lists.

Extracurricular enrichment

  • Young Enterprise company programme
  • Economics and Business debate club
  • Chartered Institute of Accountants BASE competition
  • Royal Economics Society Essay Competition
  • University College London Essay Competition

Programme of Study

Year 12

Teacher 1

Teacher 2

Autumn Term:
The Basic Economic Problem
Production Possibility Frontiers
The Functions of Money
Consumer and Producer Surplus
Taxes and Subsidies
Agricultural and Commodity Markets
The Housing Market

Autumn Term:
Demand and Supply
Economic Growth
National Happiness
Aggregate Demand
Aggregate Supply

Spring Term:
Rationing Systems
Asymmetric Information
Public goods
Pollution Permits
Environmental taxes

Spring Term:
Balance of Payments
Budget Deficits
Output Gaps
Demand Side Policies
Supply side Policies
Policy Conflicts

Summer Term:
Government Intervention
Government Failure
The Labour Market

Summer Term:
The 1929 depression and The 2008 Financial Crisis
The Financial Sector

Year 13

Teacher 1

Teacher 2

Autumn Term:
Specialisation and trade
Patterns and terms of trade
Trading Blocs
The World Trade Organisation
International Competitiveness
Managing the Public Finances

Autumn Term:
Balance of Payments
Theory of the firm: Costs, revenue and profit
Perfect Competition

Spring Term:
Macro Economic Policies
Poverty and Income inequality
Limits to growth and Development
Strategies for growth and Development

Spring Term:
Monopolistic Competition
Government Intervention

Summer Term:
External Shocks

Summer Term:


Student Experience - KS5

Economics is a fascinating subject with something for everyone. In order to do well in Economics A Level, the number one factor is your intellectual curiosity. Economics happens all around us every day, such as when buying a sandwich at a supermarket – that’s economics! So reading not only books to do with the subject but also keeping up with the daily news is extremely helpful because economics is all around us every day and you need to use all this knowledge in your essays and in the exams. Also, if you enjoy graphs and using data for whatever reason – you`re going to love A Level Economics. This is because we use graphs to represent key concepts like indirect tax and how it impacts the market. It also massively helps if you know how to write essays and know your way around basic maths – but if you don’t, don’t worry. If you need help, the teachers are always there to help especially when it comes to writing an essay. The exams are a mixture of short maths questions, questions using case studies and essays. Overall, whether you like looking at finance, money, politics, maths, graphs, or current events, economics has something for you.

It is also a course offering a lot of extra-curricular activities, such as Young Enterprise Company competition, KS3 and KS4 Enterprise Club, Marlborough Enterprise Club and a trip to Prague.

A Level Economics focuses on the big picture of the world’s finances in a lot of detail and all the economic influences such as inflation that affect countries. You focus on specific countries and also global economies. Business, on the other hand, focuses on specific markets and companies and also the way the world trades. While Business and Economics A Levels complement each other, I wouldn’t’ recommend doing all new A Level subjects – ensure you study one A Level that is familiar.