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A Level Economics

at Hutton Church of England Grammar School, Preston · school or sixth form

Level 3A levelsGCE A level2 yearsFull timeFree

What the college says

Many students will not have come across the subject before, or even be fully aware what Economics is all about. It is an exciting and relevant subject that is useful in the work place and helps give an understanding of finance and economics on both small and large scales. You will look at how we attempt to solve the economic problem by producing goods and services. We have an insatiable desire to consume far more goods than we can ever hope to produce and, as a result, we have to ration out these scarce goods which we do through wealth and the price mechanism. This system works extremely efficiently when producing many of the consumer goods we all covet, but not so well when it comes to street lights, defence, judiciary or health. In these cases of market failure we need government intervention to (hopefully) correct the market. We attempt to provide a big picture of the economy by looking at the macro-economy. Here we look at issues such as unemployment, inflation, the balance of payments and economic growth and what can make these issues better or worse. We look at the government's budget and ask if the Chancellor is right to be obsessed with reducing the budget deficit in a time of recession. We also look more closely at firms and how they operate. Corporate pay forms part of our analysis of pay determination - can it be justified on economic grounds? Other topics to do with firms are mergers and take overs, efficiency, diminishing returns and economies of scale. Cost bene

What you need to get on

GCSE grade C or above in at least five subjects (not necessarily in Economics but this would be an advantage).

How you are assessed

Academic subjects, mostly exams, three or four at once. The traditional route to university.

What this level means

The A-level-equivalent step, and what universities and employers ask for.

Is it open to 16 to 18 year olds?

Approved for 16 to 18 study on the government's Section 96 list.

Where it runs

  • Hutton Church of England Grammar School

    Liverpool Road Hutton, Preston, PR4 5SN

    DaytimeClassroom based
    Check the journey

Start dates

  • 1 September 2026 · Preston

Who else teaches this exact qualification

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