b'Economics BA LEVEL 5 GCSEs(including English and Maths) at Grade 4 or aboveAwarded by EdexcelWhat will I study? How will I be assessed?Economics is about choice and the impact of our choices on eachFinal graded exams May/June other. It relates to every aspect of our lives; from the decisionsin year 2.we make as individuals or families to the structures created by Paper 1 covering Themes governments and firms. 1 and 4, Paper 2 covering An economic way of thinking can help you make better choices.themes 2 and 3, Paper 3 In Theme 1 and Theme 2 you will be introduced to the naturecovering all 4 themes based of economics, how markets work and why they fail, consumeron a pre seen context. Each 2 choices and enterprise in the economy. You will also consider thehours androle of banks and life in a global economy. In Theme 3 and Theme100 marks.4 you will explore the impact of globalisation on consumers, firms and the labour market. You will also investigate the role of theWhat can I do next?government and have an opportunity to consider the role andDegree courses such as impact of the financial sector. Economics, Economics and Year 1 Topics: Year 2 Topics: Finance, Economics and Theme 1 Markets, Theme 3 The global economy Business Management, consumers and firms Environmental Economics, GlobalisationLabour Economics and Scarcity, choice and potential Economic factors in businessMonetary Economics, and conflictsexpansion International Business. Enterprise, business and the I mpact of globalisation onEconomics students can follow economy global companies a wide range of careers inI ntroducing the market industry, commerce, finance Impact of globalisation onand the civil service. You mightThe role of credit in thelocal and national economies choose a career in banking, economy Global labour markets sales, product management or Market failure andInequality and redistribution general management.government intervention Theme 4 MakingRevenue, costs, profits andmarkets workcash Competition and market Theme 2 The wider power economic environment Market power and market Business growth andfailurecompetitive advantage Market failure across the Firms, consumers andeconomyelasticities of demand Macroeconomic policies Productive efficiency and impact on firms andLife in a global economy individuals The economic cycle Risk and the financial sectorIntroduction to macroeconomic policy45'