OCR Courses H060 and H460

AS level sat at end of Year 1 (2 external exams), but students continuing to the full A level will be re-examined at the end of the second year (3 external exams)

Year 1 (AS Level) – H060

• Microeconomics
  • Scarcity and Choice
  • How competitive Markets Work
  • Market Failure and Government Intervention
• Macroeconomics
  • Economic Policy and Indicators of Macroeconomic Performance
  • Aggregate Demand and Aggregate Supply
  • The Application of Policy Instruments
  • The Global Context

Year 2 (A level) – H460

This builds on the AS year learning, taking some topics into further depth and looking in detail at particular markets and the financial sector.

• Microeconomics
  • Scarcity and Choice
  • How competitive markets work
  • Competition and Power
  • Labour Market
  • Market Failure and Government Intervention
• Macroeconomics
  • Economic Policy Objectives and Indicators of Macroeconomic Performance
  • Aggregate Demand and Aggregate Supply
  • The Application of Policy Instruments
  • The Global Context
  • The Financial Sector
• Themes in Economics
  • This unit draws from both the micro- and macroeconomic components and requires candidates to consider the theory which has been studied in a ‘real world’ context

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