Economics

La economía es el arte de aprovechar al máximo la vida. El arte de usar lo que tenemos para asegurar lo que no tenemos.” – Lionel Robbins

Subject information

ENTRY DETAILS

Exam board:Pearson Edexcel IAL

Specification: Pearson Edexcel International Advanced A-Level in Economics (YEC01)

HOW I WILL BE ASSESSED?

Examination: The course is examined in January and June of both Year 12 and Year 13

COURSE DETAILS

ASSESSMENT OVERVIEW, DURATION AND WEIGHTING

Paper 1 – Written examination 2 hours (25% of qualification – 80 marks)

Paper 2 – Written examination 2 hours (25% of qualification – 80 marks)

Paper 3 – Written examination 2 hours (25% of qualification – 80 marks)

Paper 4 – Written examination 2 hours (25% of qualification – 80 marks)

Exam Papers % of IAL Assessment overview
Paper 1 – (Jan Y12) 25 Section A: Six multiple-choice questions (6 marks). Section B: Five short-answer questions (20 marks). Section C: A five-part question, based on data provided in a source booklet (34 marks). Section D: One 20-mark essay question from a choice of two (20 marks).
Paper 2 – (June Y12) 25 Section A: Six multiple-choice questions (6 marks). Section B: Five short-answer questions (20 marks). Section C: A five-part question, based on data provided in a source booklet (34 marks). Section D: One 20-mark essay question from a choice of two (20 marks).
Paper 3 – (June Y13) 25 Section A: Six multiple-choice questions (6 marks). Section B: A five-part question, based on data provided in a source booklet (34 marks). Section C: Two 20-mark essay questions from a choice of three (40 marks).
Paper 4 – (Jan Y13) 25 Section A: Six multiple-choice questions (6 marks). Section B: A five-part question, based on data provided in a source booklet (34 marks). Section C: Two 20-mark essay questions from a choice of three (40 marks).

WIDER READING

  • World News
  • Financial Time, The Economist
  • Richard Shotton, Choice Factory (ISBN 085719609X)
  • Haskel and Westkale, Capitalism without Capital (ISBN 0691183295)
  • David Pilling, Growth Delusion (ISBN 1408893703)
  • Kate Raworth, Doughnut Economics (ISBN 9781847941398)
  • Ha-Joon Chang, 23 Things They Don’t Tell You About Capitalism (ISBN 1608193381)