Sir John Deane's Programme of Study 2019/20 Programme | Page 46

Economics Course Breakdown Course Summary • Exam board is Edexcel Paper Marks Duration Weighting Paper 1 Covers topics from Themes 1 and 3 Section A – multiple choice and short answer questions Section B – data response Section C – an open-response question 100 2 hours 35% Paper 2 Covers topics from Themes 2 and 4 Section A – multiple choice and short answer questions Section B – data response Section C – an open-response question 100 2 hours 35% Paper 3 Covers topics from Themes 1, 2, 3 and 4 This paper contains two data response sections and two open-response questions 100 2 hours 30% Summary of Content Theme 1 Opportunities in the Subject The following texts are specification specific: Microeconomics – including demand and supply, different markets structures, elasticities of demand and supply, market failure, government taxation/subsidies, and government failure. 1. Cole and Brewer, 2015, My Revision Notes Edexcel AS/A level Year 1 Economics A, Hodder Education. Theme 2 In addition, it is essential to keep an eye on the news and current affairs to provide detail and real world context to your answers throughout the course. Macroeconomics – including economic growth, inflation, unemployment, government macroeconomic objectives and policies. 2. Anderton A, 2015, Edexcel Economics AS/A level, 6th Edition, Pearson. Theme 3 Microeconomics – including business objectives, market structures (perfect competition, monopolies, monopolistic competition and oligopolies), price discrimination and labour markets Theme 4 Macroeconomics – including exchange rates, financial markets, globalisation, development economics and trade blocs. C SirJohnDeanes A SirJohnDeanes www.sjd.ac.uk 46