Lincoln Minster School

A-Level Economics

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88% A*-C (2023)

Economics explores issues about how people, industries, and countries try to maximise their productivity and create wealth to maintain financial stability. Economics is concerned about choices and decision-making, in many ways it has become a way of explaining ‘everything’ in society.

You will study different theories and models put forward by economists to explain why and how people and governments should behave within markets. The concepts can be applied to all human actions and so the subject itself can complement any field of study.

As economics students you will learn to use a variety of numerical, graphical and investigative methods to understand the individual, national and global situations facing us today.

Economics is a very well respected academic A-Level subject and will provide you with an excellent grounding for further studies as well as any Business/Management/International Studies.

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Course Content and Methodology

As students of economics you will acquire knowledge and understanding of some basic microeconomic models that investigate problems and issues concerning individual consumers, firms and markets. You will be able to apply this knowledge to explain the relationships between demand and supply. You will also explore macroeconomic theories that attempt to explain how the whole economy works. You will study these economic concepts within the context of recent and current economic behaviour.

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Exam Board: AQA 7136

Assessment is examination only in all units. All three examinations will be taken at the end of the two years. Papers 1 and 2 have a mixture of data response and essay questions. Paper 3 has 30 multiple choice questions and questions based on a case study. Maximum mark for each paper is 80.

Paper 1: Markets and market failure.

Paper 2: National and international markets.

Paper 3: Economic principles and issues.

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Meet Our Alumni

Our students go on to many exciting destinations all over the world and work in a wide range of careers. Our alumni includes Netflix actors, olympians, racecar drivers, musicians, business leaders and much more. 

Course Requirements

There are no specific requirements to have studied Economics at GCSE. However, an interest in the economic climate around you is key. An ability to communicate effectively and be numerate is also essential so a minimum of grade six in English and Mathematics at GCSE are required.

Aspire Programme

The Aspire Programme is dedicated to providing exciting and challenging academic opportunities for our students.
These opportunities will be focused on extending knowledge and understanding, providing stimulating and demanding academic challenges, and, ultimately, inspiring students to apply for the most competitive courses at the most prestigious institutions. 
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Our Sixth Form students have access to their own Common Room, Resources Centre and Silent Study Suite, where they socialise and relax, find books or speak to our Careers team, and complete their studies in peace (respectively).

As part of their studies, students may also have access to the dedicated art, photography and graphic design studio, purpose-built Recital Hall for musical performances, fully-equipped drama studio as well as indoor and outdoor sporting facilities.