A Level Economics – Programme of Study

Economics A level  – Edexcel

Year 12

DatesNo of weeksTopics
NotesAssessment tasks
September

1What is Economics?Edexcel Unit 1 specification and information about course.Reading and exercises in Anderton chapter 1


2Demand.SupplyDrawing demand curves and showing changes due to changes in various factors with written explanation. Drawing supply curves and showing changes due to changes in various factors with written explanation.


1Markets: demand and supplyReading in Anderton. Exercises in Anderton.Supply and demand diagrams, showing changes in market p and q due to changes in various factors with written explanation.
October

2Elasticities. Surpluses and efficiencyElasticity calculations.Illustrating and explaining changes to CS, PS and SS.
2Taxes and subsidies. Production possibility frontiersIllustrating and explaining changes to CS, PS and SS due to tax/subsidy. Reading in Anderton. Drawing PPFs and showing changes due to changes in various factors with written explanation.
November2Efficiency and market failure. Marginal costs and benefits
December2Externalities. Information failure Government failure. Intervention
January

3Bookkeeping: revenue, cost, profit. Market structure and entry/exit barriersIssue Edexcel Unit 3 specification.Reading and exercises in Anderton.
February


2Perfect competition.Imperfect competition: monopolisticcompetitionReading in Anderton. Essay on perfect competition e.g. ‘Are there any perfectly competitive markets?’ Essay e.g. ‘Can monopolistically competitive firms make positive profits?’


2Game theory and oligopolyReading in Anderton. Essay on collusion.
March


2MonopolyReading and exercises in Anderton. Essay on price discrimination.
3Firms’ objectives. Growth of firms MonopsonyEssay on objectives. Reading and exercises in Anderton.
April2Efficiency. RegulationReading in Anderton. Essay: ‘Is a monopoly ever efficient?’
April - May

4Specialization and advantage GlobalizationIssue Edexcel Unit 4 specification.Reading and exercises in Anderton. Essay on globalisation: e.g. ‘To what extent is globalization desirable?’
May

2Trade, protectionism and international competitivenessLook at economic part of BNP manifesto to stimulate discussion.
Reading in Anderton. Essay: e.g. ‘Does protectionism result in prosperity?’
2Currency regimes, optimal currency areas and monetary unionEssay on e.g. Euro: ‘Should Britain join the Euro?’
5Standards of living. Economic development. Government interventionReading in Anderton. Essay: ‘How should standards of living be measured?’, ‘Is the HDI a useful measure of standards of living?’ Prepare and give presentation on development in country of choice.

Year 13

DatesNo of weeksTopics
NotesAssessment tasks
September

2Bookkeeping: revenue, cost, profitEdexcel Unit 1 specification and information about course.


1Market structure and entry/exit barriers


1Perfect competitionReading in Anderton. Exercises in Anderton.
October

1Imperfect competition: monopolistic competitionElasticity calculations.
2Game theory and oligopoly
November2Monopoly
November1Firms’ objectives
December

1Growth of firmsIssue Edexcel Unit 3 specification.
December


1Monopsony

Dec and Jan
2Efficiency
Jan


1Regulation
Jan and Feb2Specialization and advantage
Feb2Globalization
Feb and Mar

2Trade, protectionism and international competitivenessIssue Edexcel Unit 4 specification.
Mar

2Currency regimes, optimal currency areas and monetary unionLook at economic part of BNP manifesto to stimulate discussion.
Mar1Standards of living
April2Economic development
April2Government intervention
May1Loose ends and revision
May5Revision, exam technique and
practice of past papers.