ODL09 Economics FAST TRACK A Level

Economics FAST TRACK A Level

FAST TRACK ECONOMICS A LEVEL - 2 YEAR STANDARD COURSE TAKEN IN 1 YEAR!  This course is available in online format only.

Course Description

Economics FAST TRACK A Level

The Course is divided into two modules, each of which is divided into four lessons. All of the lessons have references to the textbook and to carefully selected websites. At the end of each lesson there is a set of key words. After studying the lesson, you should be able to give the meaning of these words. Each second lesson has a tutor marked assessment which, when completed, should be sent to your tutor.

Economics has a large amount of new terminology. You will be required to recognise and understand economic terms when you meet them and also to apply them to real life situations. Some of the terminology is used in ordinary language but in a quite different way in economics. You will also need to remember diagrams that explain economics, it is important to label your axes correctly and to be able to explain the diagrams in your own language. You may find it helpful to put your definitions and diagrams on index cards or the clipped together revision cards you can buy in a stationery shop.

Each module of the course corresponds to the examination unit. The lessons have been arranged to follow the syllabus and to provide for ease of understanding and topic coverage so may be of different length and difficulty. Unit 1 has more theory and diagrams and you might wish to start on Unit 2 at the same time and work in parallel.

This course covers all the content of the Edexcel AS Economics Course. You can find the full syllabus for this course at Edexcel.

Textbooks

Throughout the course you will be referred to the following textbook which is specifically written for the syllabus that you are following. While the material covered in the book matches that in the course, you do need access to both in order to fully understand the concepts and terminology of economics. This book is essential for your course.

Economics (Fifth Edition) Edexcel
Student Book
Alain Anderton – Pearson
ISBN 1405892285

This textbook covers both AS and A2 economics, so you will only need this one textbook.

Learning Economics

Economics gives you a terminology and models to understand the world of money and finance, of employment, economic growth and international trade. You will need to get used to dealing with the specialist language of economics but you also need to be able to apply it to real life events. This course and the textbook will enable you to do this comprehensively but you will also find it useful to keep up to date by reading newspapers, journals like The Economist and by watching or listening to radio and television.

The ExaminationUnit 1: Competitive markets – how they work and why they fail
1 hr 30 minutes

Unit 2: Managing the Economy
1 hour 30 minutes

A2 Economics

The Course is divided into two modules, each of which is divided into four lessons. All of the lessons have references to the textbook and to carefully selected websites. At the end of each lesson there is a set of key words. After studying the lesson, you should be able to give the meaning of these words. Each second lesson has a tutor marked assessment which, when completed, should be sent to your tutor.

Economics has a large amount of new terminology. You will be required to recognise and understand economic terms when you meet them and also to apply them to real life situations. Some of the terminology is used in ordinary language but in a quite different way in economics. You will also need to remember diagrams that explain economics, it is important to label your axes correctly and to be able to explain the diagrams in your own language. You may find it helpful to put your definitions and diagrams on index cards or the clipped together revision cards you can buy in a stationery shop.

Each module of the course corresponds to the examination unit. The lessons have been arranged to follow the syllabus and to provide for ease of understanding and topic coverage so may be of different length and difficulty. Unit 3 and Unit 4 are both quite different topics and you might enjoy studying them in parallel.

Textbooks

Throughout the course you will be referred to the following textbook which is specifically written for the syllabus that you are following. While the material covered in the book matches that in the course, you do need access to both in order to fully understand the concepts and terminology of economics. This book is essential for your course.

Learning Economics

Economics gives you a terminology and models to understand the world of money and finance, of employment, economic growth and international trade. You will need to get used to dealing with the specialist language of economics but you also need to be able to apply it to real life events. This course and the textbook will enable you to do this comprehensively but you will also find it useful to keep up to date by reading newspapers, journals like The Economist and by watching or listening to radio and television.

The Examination

Unit 3: Business Economics and Economic Efficiency
1 hr 30 minutes

Unit 4: The Global Economy
2 hours

Previous Knowledge Required

The A-level builds on the course content of the Economics GCSE, but it is not necessary to have this qualification before undertaking the A-level. However, in order to meet the demands of the course, it is recommended that candidates have literary and communication skills equivalent to C or higher at GCSE, though full tutor support is given throughout. Basic English reading and writing skills are required.

Support

Learning documentation, plus priority Tutor support for 1 year. Students are required to arrange and pay for their examinations themselves. Students must check the relevant examination board website for final examination sitting dates for this syllabus. You will receive priority tutor assistance for fast track students on this course. Students will be able to sit a full A Level examination in one year or less. Examinations take place in January and Summer (May/June) yearly.

Assessment

See above.

The full specification can be viewed and downloaded from the Edexcel website.

Entering examinations is entirely the responsibility of the student, and the contract for sitting examinations is between the student and the exam centre. We are not an exam centre so you must read all the information in your course pack carefully and be prepared to travel to a centre who is willing to accept external candidates.

Please do not ask us to provide you with a list of your nearest centres when enquiring about your course as we do not have this information available, it is essential that you contact the awarding body.

Modules

• Module 1
• Lesson 1 - The Economic Problem and the Production Possibility Frontier
• Lesson 2 - Demand and Supply Analysis
• Lesson 3 - Market Failure
• Lesson 4 - Government Intervention and Government Failure
• Module 2
• Lesson 1 - Introducing Macroeconomics and Measuring the Economy
• Lesson 2 - Aggregate Demand and Aggregate Supply
• Lesson 3 - Economic Growth
• Lesson 4 - Government Intervention and Constraints
• Module 3
• Lesson 1 - The Firm, objectives, growth, revenue and costs
• Lesson 2 - Firms and the Market
• Module 4
• Lesson 1 - Globalisation and Patterns of Trade
• Lesson 2 - How International Trade is Recorded and Financed
• Lesson 3 - Growth and Development
• Lesson 4 - The Role of Government

Awarding Body

Edexcel, a Pearson company, is the UK's largest awarding body offering academic and vocational qualifications and testing to schools, colleges, employers and other places of learning in the UK and internationally.

For more information about Awarding Bodies click here