Course Description
This International A Level Economics Distance Learning is ideal for anyone wishing to gain a knowledge and understanding of this subject or for anyone who wishes to study at a higher level at University and gain UCAS points. You will also find this course extremely valuable if you are looking for a progression route for further training whilst employed.
International A Level Economics CIE exams are in June and November (Also March for India).
International A Level Economics Edexcel exams are in January, June and October.
Our courses at Home Study Zone allow our students to work at their own pace and we work to ensure all our student’s needs are met. Our resources will cover the requirements of the course making sure you stay on track with the subject you choose.
Support
The course will be delivered online including Tutor Support for two years. All assignments are marked by one of our professional Tutors who will offer regular feedback and guide you through your course. Postal assignments cannot be accepted without prior permission from the tutor and you must have access to email in order to contact your Tutor.
You will be provided with the telephone number for your dedicated Student Support Team who will be available for any other queries that you may have whilst completing your course. You can be assured that you will receive unlimited support for your home study course, so there is no need to struggle or feel isolated during your studies.
Assessment
The course contains a number of assignments which your tutor will mark and give you valuable feedback on. You will also have access to a range of online resources.
Students will be required to arrange and pay for their examinations at an approved centre when an examination forms part of the course. We can provide an extensive list of these centres for you.
Modules
Cambridge
Modules
AS Level
Candidates for the Cambridge International AS Level in Economics study the following topics:-
basic economic ideas and resource allocation
Scarcity, choice and opportunity cost
Positive and normative statements
Factors of production
Resource allocation in different economic systems and issues of transition
Production possibility curves
Money
Classification of goods and services
The price system and the micro economy
Demand and supply curves
Price elasticity, income elasticity and cross-elasticities of demand
Price elasticity of supply
Interaction of demand and supply
Market equilibrium and disequilibrium
Consumer and producer surplus
Government microeconomic intervention
Maximum and minimum prices
Taxes (direct and indirect)
Subsidies
Transfer payments
Direct provision of goods and services
Nationalisation and privatisation
The macro economy
Aggregate Demand (AD) and Aggregate Supply (AS) analysis
Inflation
Balance of payments
Exchange rates
The terms of trade
Principles of absolute and comparative advantage
Protectionism
Government macroeconomic intervention
Types of policy: fiscal policy, monetary policy, and supply side policy
Policies to correct balance of payments disequilibrium
Policies to correct inflation and deflation
The AS level consists of two examinations papers.
Full A’ Level
Candidates for the Cambridge International A’ Level in Economics study the ABOVE AS Level topics and the following:-
basic economic ideas and resource allocation
Efficient resource allocation
Externalities and market failure
Social costs and benefits; cost-benefit analysis
The price system and the micro economy
Law of diminishing marginal utility
Indifference curves and budget lines
Types of cost, revenue and profit, short-run and long-run production
Different market structures
Growth and survival of firms
Differing objectives of a firm
Government microeconomic intervention
Policies to achieve efficient resource allocation and correct market failure
Equity and policies towards income and wealth redistribution
Labour market forces and government intervention
Government failure in microeconomic intervention
The macro economy
Economic growth, economic development and sustainability
National Income statistics
Classification of countries
Employment/unemployment
The circular flow of income
Money supply (theory)
Keynesian and Monetarist schools
The demand for money and interest rate determination
Policies towards developing economies; policies of trade and aid
Edexcel
AS Level
Candidates for the Edexcel International AS Level Economics study the following topics:-
Unit 1: Markets in action
Introductory concepts
Consumer behaviour and demand
Supply
Price determination
Market failure
Government intervention in markets
Unit 2: Macroeconomic performance and policy
Measures of economic performance
Aggregate demand (AD)
Aggregate supply (AS)
National income
Economic growth
Macroeconomic objectives and policies
The AS level consists of two examinations papers.
Full A’ Level
Candidates for the Edexcel International A’ Level Economics study the ABOVE AS Level topics and the following:-
Unit 3: Business behaviour
Types and sizes of businesses
Revenue, costs and profits
Market structures and contestability
Labour markets
Government intervention
Unit 4: Developments in the global economy
Causes and effects of globalisation
Trade and the global economy
Balance of payments, exchange rates and international competitiveness
Poverty and inequality
The role of the state in the macroeconomy
Growth and development in developing, emerging and developed economies
The Full A’ Level consists of four examinations papers.
Q & A
Will I require any previous knowledge to start this course?
You do not need any prior learning knowledge or experience to take this course. This course is openly available to anyone who wishes to take part in a highly rewarding home study course, although you would be 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 2 years from initial registration with the full support of your Tutor.
What is included with this course?
- In-depth study materials covering the full specification
- Two years tutor support
- Assignment marking and feedback
Will I need to purchase any books?
You will not need to purchase any books as we cover everything that is required in the course materials unless otherwise stated on the course page.
Are there any additional costs?
Students will be required to arrange and pay for their examinations at an approved centre. We can provide an extensive list of these centres for you.
I live overseas, would I be able to take this course?
Yes, this course is available to international students, however if there is an examination at the end of the course, please contact us at info@homestudyzone.org.uk in order that we can advise you further.
Do I have to pay for delivery?
For paper-based courses, delivery is free to the UK. A delivery fee will be payable for paper-based courses sent outside the UK. Please click here for delivery information.
How many hours should I allow for this course?
We recommend that you are able to dedicate between 300 and 350 hours’ study time, plus additional time for completing assignments.
Can I complete this course sooner if I wish to?
Yes, you can work at your own pace to complete this course.
Will I gain UCAS points?
Yes you will gain UCAS points and these depend on your final grade once you have completed your exams. A UCAS points table can be found by clicking here.
What is the course title and code for this qualification?
A’ Level Economics CIE: 9708
A’ Level Economics: YEC11
Awarding Organisation
Cambridge
Cambridge International Examinations (CIE)
Cambridge International Examinations is the world’s largest provider of international education programmes and their qualifications are taken in over 160 countries and recognised by universities, education providers and employers across the world.
Edexcel
Edexcel was formed in 1996 by the merger of the Business & Technology Education Council (BTEC), the country’s leading provider of vocational qualifications, and the University of London Examinations & Assessment Council (ULEAC), one of the major exam boards for GCSEs and A levels.
In the UK, Edexcel work with more than 5,000 secondary schools, 450 further education colleges, 70 higher education institutions and more than 700 employers and training providers. As the company responsible for marking the national Key Stage 2 and 3 tests, they are also now working with 20,000 junior schools. Internationally, Edexcel operate in 112 countries and every year more than four million people trust their respected learning programmes and qualifications.
Course fees for payment in full include: