Economics

Economics is the art of making the most of life. The art of using what we do have to secure what we do not have.” – 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 IALAssessment 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

  • Haskel, J., & Westkale, S. (2017). Capitalism without Capital. Princeton University Press
  • Raworth, K. (2017). Doughnut Economics. Random House
  • Shotton, R. (2018). Choice Factory. Harriman House