Economics ...

1
Economics ...
Making people happier ....
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Welcome to Economics

• Your teachers
• Mr Elmas Head of Department
• Miss Patel
• Mr Mcginty
• You will have a combination of two of these
  teachers

3
AS year

• Unit 1
• Competitive Markets How they work and why they
  fail
• Introductory unit
• Basic model of Demand and Supply
• Unit 2
• Managing the Economy
• Looks at national economic policy

4
AS Year

• Each Unit is marked out of 80
• Your mark is then converted to UMS
• Your UMS score determines your AS grade
• Not possible to get an A
• We then use a combination of your AS grade, and
  observations on work ethic to give a predicted
  grade which you use for your UCAS application
• To get an A prediction you need 90 UMS at AS
  plus a fantastic work ethic!!

5
Lower 6th Economics

• Testing, testing, and more testing!!
• Progress tests every 3 weeks
• These tests will be based on cumulative knowledge
• Start off short and will increase as our
  knowledge progresses
• System of self review against targets so you know
  how to progress towards your target grade
• Pass mark 56 C grade

6
A2 Year

• Unit 3
• Business Economics and Economic Efficiency
• Looks at how businesses operate and market
  structures
• Unit 4
• The Global Economy
• Looks at how different countries interact and
  whole world issues

7
A2 Year

• Unit 3 is marked out of 80
• Unit 4 out of 100
• Unit 3 is worth 80 UMS whilst Unit 4 is worth 120
• Higher weighting attached to Unit 4 as more
  difficult
• Now possible to get an A - need 180 UMS i.e.
  90

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Opportunities within Economics

• Economics Society
• Meet every Tuesday lunch
• Run by a committee with two joint presidents
• Target 2.0 competition
• Enter each year
• Team of 4 with 2 reserves

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Expectations

• Turn up each week!
• If you miss a lesson see your teacher to catch up
  on any work missed
• Print off and bring in the powerpoint of each
  lesson from moodle, you will be informed of which
  to bring in
• Annotate your notes a lot of information wont
  be on the slides
• Keep up to date with economic news vital!
• Participation dont be passive in your
  education!

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Things to do

• Print off the course specifications from moodle
  or the Edexcel website for Units 1 and 2.
• Guest access to moodle via password AdamSmith
• Read through these and put them in your folders.
• Print off the first powerpoint for each unit and
  bring these into your lesson

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Economics making people happier
Our Results A 14 A/A 68 A/B
95 National Economics Results A 7 A/A
32 A/B 61