Content overview
Component 01: Microeconomics
For this component, microeconomic theories are introduced and applied to the behaviour of economic agents in the real world, especially the theoretical workings of the free market. Exploring imperfections and market failures introduces the merits and drawbacks of government intervention. This encourages students to evaluate the effectiveness of the theories in explaining real-world behaviour.
Component 02: Macroeconomics
This component introduces the technical and analytical tools required for an understanding of how the macroeconomy functions on both a domestic and global level and the potential impacts and limitations of a variety of governmental policies and approaches.
Component 03: Themes in economics
This component draws on the topics covered in the previous two components and applies the content of both, as appropriate, to a specific unseen theme.
Assessment overview
|
Component |
Marks |
Duration |
Weighting |
| Microeconomics |
80 |
2 Hours |
33⅓% |
| Macroeconomics |
80 |
2 hours |
33⅓% |
| Themes in economics* |
80 |
2 hours |
33⅓% |
* Indicates the inclusion of synoptic assessment.
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A-Level Revision Resources:
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A-Level Examination Practice Materials:
Click on the link above to access OCR past papers and mark-schemes
Economics Examination Analysis
Microeconomics Revision Videos
Macroeconomics Revision Videos
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Revision notes from a former A-Level Student
Market Structure & Competitive Behaviour in Markets for Leisure
Labour Demand, Supply, & Wage Determination
Mr. Brackrog 