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  1. Home
  2. Curriculum
  3. Subjects
  4. Economics

Welcome to Economics

Our approach
Year 11 to 12 Transition Pack
Year 12
Year 13

Sixth Form Intent

Our Economics curriculum prepares our students for university and to be leaders in their community by:

  1. To equip students with knowledge to critically analyse and evaluate global issues
  2. To use qualitative and quantitative skills to interpret data sets 
  3. To engage with and be able to articulate views on important affairs in society and the wider economy

So that so students understand the impact of current micro and macro issues affecting industries and society on a holistic scale. 

Year 11 to 12 Transition Pack

  • Ark Globe KS5 Economics Y11 to Y12 Transition Booklet (156.29 KB)

Year 12

Autumn 1 Autumn 2

Nature of Economics  
Economies of Scale 
Positive and Normative Statement 
The economic problem 
The Production Possibility Frontier 
Specialisation and the Division of labour 
Free markets 

How Markets work 
Rational Decision making 
Demand 
Price, Income and Cross elasticity of demand 
Supply

Measure of Economic Performance 
Economic Growth 
Inflation 
Employment and Unemployment 
Balance of payment 

Aggregate Demand 
The characteristics of AD 
Consumption 
Investment  
Government Expenditure
Net Trade (X-M)

How Markets work 
Elasticity of Supply 
Price Determination 
Price Mechanism 
Consumer and Producer Surplus 
Indirect taxes and Subsidies 
Alternative viewpoint 

Aggregate Supply 
The Characteristics of AS 
SRAS 

National Income 
National Income 
Injections and Withdrawals 
Equilibrium levels of real national output 
The Multiplier 

Spring 1 Spring 2

Market Failure 
Types of market failure 
Externalities 
Public Goods 
Information gaps 

Economic Growth 
Causes of growth 
Output Gaps 
Trade Cycles (business) 
The Impact of Economic Growth 

Government Intervention 
Government Intervention in markets 
Government Failure 

Macroeconomic Objectives and Policies 
Possible Macroeconomic objectives 
Demand-side policies 
Supply-side policies 
Conflicts and trade-offs between objectives and policies

Summer 1 Summer 2

Cost, Revenue and Profit 
Revenue 
Costs 
Economies and Diseconomies of Scale 
Normal profit, supernormal profit and Losses 

International Economics 
Globalisation 
Specialisation and Trade 
Patterns of Trade 
Terms of Trade 
Trading Blocks and the WTO 
Restrictions on Free Trade 

Business Growth 
Size and Type of Firms 
Business Growth 
Demergers 

International Economics 
Balance of Payments 
Exchange Rates 
International Competitiveness 
Role of the State in Macroeconomics 
Public Expenditure 
Taxation 
Public Sector Finances 
Macroeconomic Policies in a global context 

All Year 12 subjects Next Year 12 Subject - Media Studies

Year 13

Autumn 1 Autumn 2

Business Objectives 

Structures 
Efficiency
Perfect Competition
Monopolistic Competition
Oligopolies 

Poverty and Inequality
Absolute and Relative Poverty
Inequality 

Market Structures 
Monopoly 
Monopsony 
Contestability 

Labour Markets
Demand for Labour
Supply for Labour 
Wage determination in competitive markets 

Emerging and Developing Economics
Measure of Development
Factors Influencing growth and Development 
Strategies influencing growth and development 

Spring 1 Spring 2

Government Intervention 
Government intervention 
The impact of Government Intervention 

The Financial Sector 
Role of Financial Market 
Market Failure in the Financial Sector 
Role of central bank 

Revision and Exam Preparation
Summer 1 Summer 2
Exams Exams

All Year 13 subjects Next Year 13 Subject - Media Studies

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0207 407 6877

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