THRIVE - ECONOMICS - WE NEED AN ECONOMY THAT MAKES US - Carmel College
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COURSE GUIDE 2022
ECON O M ICS
We have an economy that
needs to GROW whether
or not it makes us thrive.
WE NEED AN
ECONOMY THAT
MAKES US
THRIVE
whether or not it grows.
KATE RAWORTH
ECONOMICS Linear A Level
UR
S E I NT
Exam Board: EDUQAS
RO
CO
http://bit.ly/32U3z21
Full course specification:
60
3
www.eduqas.co.uk TOUR
What will the course involve? How will I be assessed?
Studying A Level Economics will develop You will sit 3 separate exams at the
your understanding of economic concepts end of your two year course. There
and theories and you will develop a critical is no assessed coursework in A Level
Whilst studying at Carmel I’ve
consideration of current economic issues. Economics.
Economics is a study of scarce resources become a much more independent
and how those resources are allocated to Component 1 Economic Principles: this and motivated student, developing
various uses in an economy. is a written examination, it will last 1 the skills needed for university.
hour 30 minutes and will make up 30% Teachers are very approachable and
The subject is split into three broad areas of your qualification. are always available when needed.
of study:
Component 2 Exploring Economic
Microeconomics: this unit looks at the I have found A Level Economics to
Behaviour: this is a written
supply and demand of both goods and examination, it will last 2 hours 30 be a fascinating subject. I have been
labour. Have you ever wondered why minutes. It is worth 30% of your able to study the social, financial
Gareth Bale earns in just seven days qualification. and cultural aspects of the world
what many of his fans will earn in an around us and how this influences
entire decade? This unit also looks at Component 3 Evaluating Economic the way we all live. I have particularly
costs, revenues and profits in a variety of Models and Policies: this is a written
enjoyed learning about economic
different markets. Why do Businesses pay examination, it will last 2 hours and
30 minutes. It is worth 40% of your development, trade and globalisation;
$4.4 million for a 30 second advertising something I wish to specialise in
slot in the Super Bowl? examination.
during my degree. Alongside excellent
Macroeconomics: this unit looks teaching, I have also been supported in
macroeconomic issues, such as inflation, Where does the course lead? my application to university through
unemployment, exports and imports. Do A high proportion of A Level students advice and practice interviews.
you want to know how much influence decide to continue their study of the
the financial sector has on the UK subject at a higher level. After Carmel I hope to be studying
economy? What is the role of the Bank of Philosophy, Politics and Economics at
England? Should the NHS be privatised? Is Degree courses in Economics and related university.
the HS2 a waste of resources? How much disciplines (such as Money, Banking and
does the country owe and who do we Finance, Business Studies, Sociology,
owe the money to? Management Studies, Economic History,
Politics) are increasingly popular at a
Trade and Development: this unit variety of Higher Education institutions. Lucy Andrews
looks at why countries trade and the Economics also combines very well with Rainhill High School
importance of Globalisation. What impact Languages, and is a key component Studying:
will Brexit have on the UK economy? in the professional examinations for Economics,
What are the problems facing emerging Accountancy, Law, Banking and Insurance. English Literature,
economies? Why do companies like Apple Mathematics
and Nike set up factories in China?
Economics students take part in Target 2.0
MEET THE TUTORS
Eoin McWilliams Emma Smith
Head of Economics Pastoral Director /
Economics Tutor
What is the department like? Pre-university course: The economics
department has an established link with
In A Level Economics we currently have the University of Manchester. Each year,
around 85 students, in 4 classes. Our students have the opportunity to become
students study a varied mix of other an ‘economics undergraduate’ at the I’m enjoying studying A Level
subjects for example Mathematics, University of Manchester, they attend an
Languages, Law, History and Business Economics as it has presented more
economics lecture and they have access questions than it has answered,
Studies. The Economics classroom is to the campus. The course takes place
equipped with a touch screen. Students leaving me with a yearning to study
every Wednesday over a 10 week period.
have access to a computer suite and a this dynamic subject in further detail
student work base for quiet study and at university.
research. There is a lot of support on
offer, including tutorials and drop in I would definitely recommend
sessions every lunch time. Economics to future students as it
sheds light on many current issues
in today’s world. It has also
What other activities are there? significantly improved my ability to
think critically and solve problems
Students are offered a variety of in a logical manner.
enrichment activities in Economics;
Jaguar Land Rover Trip
Carmel has a relaxed atmosphere
Target 2.0: Each year, students have which has allowed me to work
the chance to take part in the Bank
effectively and independently both
of England’s Target 2.0 competition. Economics students also go on trips
Students take on the role of the Monetary such as visiting Jaguar Land Rover inside and outside of the classroom.
Policy Committee, assess economic production factory in Halewood. The college offers a wide range
conditions and the outlook for inflation The students get to see close up of resources including the
and tell a panel of judges what monetary how cars such as the Range Rover well-equipped library which has many
policy they would set to achieve the Evoque are made using robotics. The books for further reading around
government’s inflation target of 2%. aim is to raise attainment, improve different topics.
Each year the feedback from the judges employability skills and showcase
is incredibly positive and the students cutting edge manufacturing to inspire
have a fantastic experience during the students to consider engineering
competition. careers. Jordan Peers
Cowley International
Students got to take part in hands-on
College
activities to experience key aspects in
Studying:
engineering and manufacturing at the
Jaguar Land Rover Halewood factory. Economics, Business
Studies, Statistics
Employability
The Economics department has a clear focus on giving you a head start for
My favourite thing about Carmel is life after Carmel College regardless of your chosen career path. We have an
the support that is available and the established link with KPMG, listed as one of the world’s top employers. KPMG
abundance of subject material on have an outstanding School Leaver’s Programme and have chosen to work with
offer to help us achieve our goals. In our students in order to help them apply. This includes in-house workshops and
particular, the Economics department seminars giving us a head start over other candidates.
offers additional help sessions and
the topics are organised into concise “I joined KPMG LLP, as part of their School Leaver
booklets so it’s easy to keep on top of Programme, after completing my A Levels at Carmel College.
work.
The Programme is based in the Audit Sector and involves
Studying Economics opens up lots travelling across the UK, going into different companies
of opportunities as we often attend
talks from potential employers in
and performing half-year and year-end audit procedures
the finance sector and we’re given around their controls and processes. I also study for a
lots of support when applying BSc Accountancy at the University of Birmingham and a professional
for work placements, university, qualification with ICAS, at the same time. I would say that the best thing
apprenticeships etc.
about the Programme is that you are able to still go to university whilst
Economics is interesting to study working for a fantastic company which gives you great career opportunities
and is a subject that has lots of
applications in the real world. I and experience which will set you apart from all the other students your age
particularly enjoy seeing how the in the future. Also, at the end of the six year contract you are guaranteed a
theory that I learn about in the job working for KPMG, which is one of the ‘BIG FOUR’ Accountancy firms,
classroom applies in real life.
globally. An Economics A Level really helps with an Accountancy degree
Studying economics will definitely and gives you a really good knowledge of the principle ways in which
help me in the future as I hope to
pursue a career in finance.
businesses and markets operate.”
EMMA SASS, AUDIT ASSITANT, FINANCIAL SERVICES GROUP, KPMG LLP
Alex Murray
Wade Deacon What are the entry requirements for this course?
Studying: Economics, You will need GCSE grade 6 in Mathematics and grade 5 in English Language.
Maths, Further Maths
Do I need to have studied Economics at GCSE?
We understand that Economics is a completely new subject for most students; in
fact very few students will have studies it at GCSE Level. Therefore, we start with the
very basic concepts.
Can I take Business Studies / BTEC Business as well as Economics?
Economics and Business go very well together. Both subjects cover very different
topics, so there is little in the way of duplication. Many of our students find it
interesting to study the role of businesses and the economy together.
How much Maths is involved?
You will be assessed in your quantitative skills. This includes at least level 2
mathematical skills as a minimum of 20% of the overall marks.
Do I need to study A Level Maths if I am taking Economics?
Studying Maths alongside A Level Economics is not essential. However, if you wish to
study Economics at university, most universities would require A Level Maths.
How successful are Carmel’s Economics students?
2019 2020 2021
Prescot Road, St Helens
Merseyside WA10 3AG A*-B A*-C A*-E A*-B A*-C A*-B A*-C A*-E
www.carmel.ac.uk A Level 82% 100% 73% 100% 100% 68% 90% 100%
@carmelcollege @CarmelCollege @carmel_college carmelcollege1 carmelcollege
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