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Pearson AS Level Economics

Economics

The Pearson Edexcel AS Level Economics curriculum (specification 8EC0) is a one-year qualification that introduces students to core economic principles through two main themes: Theme 1 (Introduction to Markets and Market Failure) covering microeconomic concepts including demand and supply, elasticity, market failure, and government intervention; and Theme 2 (The UK Economy – Performance and Policies) covering macroeconomic concepts including economic growth, inflation, unemployment, aggregate demand and supply, and macroeconomic objectives and policies . The qualification is assessed through two externally examined 1-hour 30-minute papers (Paper 1 on Theme 1 and Paper 2 on Theme 2), each contributing 50% to the final grade and featuring multiple-choice, short-answer, data response, and extended open-response questions that develop analytical and evaluative skills essential for progression to A Level Economics.

Subject
Economics
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