Exam Board
Edexcel
What will you study?
Theme 1: Introduction to markets and market failure
● nature of economics
● how markets work
Theme 2: The UK economy – performance and policies
● measures of economic performance
● aggregate demand
● aggregate supply
Theme 1:
Introduction to markets and market failure
Market failure
Government intervention.
Theme 2:
The UK economy – performance and policies
National income
Economic growth
Macroeconomic objectives and policy.
Theme 3:
Business behaviour and the labour market
Business growth
Business objectives
Theme 4:
A global perspective
International economics
Poverty and inequality
• Alain Anderton – Economics
• Steven Levitt & Stephen Dubner – Freakonomics
• Tim Hardford – The Undercover Economist
• Ken Binmore – Game Theory: A Very Short Introduction
• David Smith – Free Lunch
Useful tips and resources
• Broadsheet newspapers: The Guardian, The Times, The Telegraph, The Independent, Financial Times
• The Economist
• Tutor2u
• Yr12 T2U Lessons
• Bank of England
• Khan Academy
• Future Learn
• University of Southampton
• University of Basel
What super curricular activities can KS3 students engage with at school?
Economics and Business society – discussing current themes in the financial, business and economics worlds. Autumn Term.
Read:
• Dharshini David – Almighty Dollar
• Kate Raworth – Doughnut Economics
Visit:
The Bank of England Museum
Watch:
Bitcoin: The End of Money as we know it
Economics and Business society – discussing current themes in the financial, business and economics worlds. Autumn Term.
Read:
• Freidrich von Hayek – The Road to Serfdom
• Adam Smith – The Wealth of Nations
• Gareth Stedman Jones – Karl Marx: Greatness and Illusion
Visit:
The Bank of England
Browse:
The Economist
Watch:
The True Cost
LEAD – GDST organised entrepreneurial project. Autumn and Spring Terms.
Economics and Business society – discussing current themes in the financial, business and economics worlds. Autumn Term.
Read:
• Daniel Kahneman – Thinking, Fast and Slow
• Cass Sunstein & Richard Thaler – Nudge: Improving Decisions About Health, Wealth and Happiness
• Richard Thaler – Misbehaving: The Making of Behavioural Economics
• Robert Skidelsky – The Essential Keynes
Watch:
We feed the World
The Corporation
The Fed and Lehman Brothers: setting the record straight on a financial disaster
Visit:
The Bank of England
Browse:
• Institute of Economic Affairs
• Stock trade simulator
