Students must complete all components (01, 02 and 03) to be awarded the OCR A Level in Economics
 

　　The OCR A Level in Economics content encourages students to‘think as economists’and develop the appropriate range of analytical,questioning and reasoning skills to achieve this objective.This qualification will enable students to develop a strong grounding in the main economic concepts and theories and to develop a critical consideration of their value and limitation in explaining real world phenomena.

 

　　Students will learn how to select and interpret economic data and graphical representations of economic problems as well as to understand their possible limitations.They are encouraged to make reasoned and informed judgements using both qualitative and quantitative evidence.

 

　　Component 01 introduces students to the main microeconomic concepts,the economic agents,the basic economic problem and the role of markets,including business objectives,market structures and the labour market.

 

　　Component 02 focusses on the main macroeconomic concepts such as aggregate demand and supply,policy objectives,how they are being implemented including policy conflicts and government failure as well as the importance of international trade,the impact of globalisation and the role of the financial sector.

 

　　The qualification also encourages students to apply the concepts and techniques which they have learned throughout the course to a range of‘real world’issues and of current and historical contexts.In particular,Themes in economics(component 3)draws together both microeconomic and macroeconomic concepts in relation to a specific unseen theme.