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Economics

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

Click here for further details.