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Economics

at Lutterworth College, Lutterworth · college

Level 3A levelsGCE A level2 yearsFull timeFree

What the college says

The course is divided into Micro Economics (Individuals, firms, markets and market failure) and Macro Economics (the national and international economy). The Micro part of the course looks at price determination, (demand and supply), costs and revenues, the allocation of resources, theory of the firm (e.g. perfect competition, monopoly, oligopoly), the labour market, poverty/wealth/inequality, the causes of market failure and how Governments intervene in markets. In the Macro part of the course students will study how economic performance, (e.g. inflation, unemployment, GDP growth) can be measured, how the economy works, financial markets and monetary policy, Government spending and taxation, and the international economy. Economics involves developing an understanding of the way the world around us works. It is a formal written subject with a significant mathematical content.

What you need to get on

5 GSCE Grade 9-4 to include a grade 6 in maths

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

  • Lutterworth College

    Bitteswell Road, Lutterworth, LE17 4EW

    DaytimeClassroom based
    Check the journey

Start dates

  • 1 September 2026 · Lutterworth

Who else teaches this exact qualification

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