A-Level Subjects


Economics is defined as the “the branch of knowledge concerned with the production, consumption, and transfer of wealth” but in this day and age, it has grown exponentially. Economics borrows from multiple sciences e.g. sociology or law, to explain why and how people act to improve their well-being and wealth, e.g. behavioural economics borrows from psychology and history to analyse how past experiences may shape expectations about the future. (Source)

Theme 1: Introduction to markets and market failure

This theme focuses on microeconomic concepts. Students will develop an understanding of:

  • Nature of Economics
  • How markets work
  • Market failure
  • Government intervention.
Theme 2: The UK economy – performance and policies

This theme focuses on macroeconomic concepts. Students will develop an understanding of:

  • Measures of economic performance
  • Aggregate demand
  • Aggregate supply
  • National income
  • Economic growth
  • Macroeconomic objectives and policy.
Theme 3: Business behaviour and the labour market

This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. Students will develop an understanding of:

  • Business growth
  • Business objectives
  • Revenues, costs and profits
  • Market structures
  • Labour market
  • Government intervention.
Theme 4: A global perspective

This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of:

  • International economics
  • Poverty and inequality
  • Emerging and developing economies
  • The financial sector
  • Role of the state in the
How is the course assessed?

There are 3 written examinations for the full A Level qualification:

9ECO/01 – Markets and Business behaviour (2hrs)

35% of the full A Level qualification. Assessed by multiple choice questions, a structured data response question and an extended open-response question from a choice of two.

9ECO/02 – National and Global economy (2hrs)

35% of the full A Level qualification. Assessed by multiple choice questions, a structured data response question and an extended open-response question from a choice of two.

9ECO/03 – Microeconomics and Macroeconomics (2hrs)

30% of the full A Level qualification. There are 2 sections and one data response question in each section.

All units are sat at the end of the 18 months / 2-year course of study.

Why should I study Economics, and what skills will it develop?

Economics is an academic and vocational subject. It requires knowledge, understanding, application and analysis of both theory and current economic events. Because of its analytical aspect, it combines particularly well with Mathematics, Computing, Pure and Social Sciences. Given the increasing importance of international trade to the UK economy, it also combines well with Modern Foreign Languages. Science students have also found it useful if applying, for example, for degrees in Engineering.

What prior knowledge and skills are required?

There is a strong written component to this qualification that will require good English Language skills. There is also a sizeable Mathematics component to this qualification and students will need to be confident with basic arithmetic computation. Students will require a good level of English language fluency and a minimum of an A grade in GCSE Mathematics (or international equivalent) to undertake this course.

How is this course useful?

Students will develop transferable skills that support study in a wide range of subjects at university and the transition to employment, including quantitative and analytical analysis, forming and testing hypotheses, and commercial awareness. The development and application of quantitative skills prepare students for the study of economics and related courses at university.

Students can progress from this qualification to:

  • higher education courses such as economics degrees with a focus on theory, or degrees in applied economics such as environmental economics, labour economics, public sector economics or monetary economics.

Alternatively, students may choose to study a business economics, mathematical economics or business degree

  • a wide range of careers ranging from finance, banking, insurance, accountancy, management and consultancy, to becoming professional economists.

EDEXCEL Specification for A-Level Economics 

A level Board/Code


Head of Department – Mrs Oana Vulpe

Our Students

Barbara Bielecka (A*, A*, A), Class of 2017

“I would like to thank everyone at CTC for their help, support and encouragement during my time there. Today I received two A*s and one A, and I am extremely thrilled and proud of this result. The support that all of my tutors gave me was vital to my success and I would like to thank them all for motivating me to be the best that I could be. I will never forget my time at CTC. I wish you and the college all the best! I hope to come in soon and visit you once more. Thank you once again!” Barbara achieved 2 A* and 1 A grade in Government and Politics, History and Mathematics and will be continuing her studies reading History at LSE
Barbara Bielecka
Class of 2017

Nhi Kieu (A, B, B), Class of 2017

“I am proud to report that I am going to be a fresher at Nottingham University this September! Thank you so much for all your teaching and support for the past two years. Had it not been for your help, I would never have achieved the grades I need in Economics, something I never thought I would be able to reach. Again, please accept my immense gratitude for you and the college.”
Nhi Kieu
Class of 2017

Mr. David O'Dwyer (Head of Government and Politics)

“There is a very positive and supportive ethos in the college which supports academic learning, enrichment and development. Tutors work with a great deal of professional autonomy and the students are hardworking, mature and respectful. There is a fascinating mix amongst the cohort of home-based and international students, and the relations between staff and students are harmonious.”
Mr. David O'Dwyer
Head of Government and Politics

Economics Tutor

“The opportunity to engage with such a diverse international cohort of students has been a truly wonderful experience. I’ve loved working with a small group of motivated and friendly students that are the hallmark of CTC London and celebrating the students’ success as they proceed onwards on their academic journeys.”
Economics Tutor

Mrs. Suthantirakumar

“Students at CTC London are so dedicated to succeed and are a pleasure to teach because of this. The teaching staff here are wonderful and really connect with the students enabling them to truly reach their potential.”
Mrs. Suthantirakumar

Mathematics Tutor

“CTC is an amazing place to work and has given me the opportunity to develop both personally and professionally. The small class sizes and the friendly atmosphere really promote an excellent environment for me to pass my knowledge on and truly get the full potential from each of our students!”
Mathematics Tutor

Mr Barry Morgan (Art & Design)

“The benefit of small classes cannot be overstated, it allows students to have lots of contact time with their tutors, especially in my subject where every student is following their own personal pathway, allowing them to be thoroughly stretched and achieve their full potential”
Mr Barry Morgan
Art & Design

History Tutor

“Cambridge Tutors College is an excellent institution where students can really progress their education to the next level. Teaching in classes of around six students really helps us develop these young students in on an individual level. I only wish I found CTC London 30 years ago!”
History Tutor

Chulin Meng (Lucy)

One thing I appreciated was CTC’s unique, friendly learning atmosphere, I was surrounded by a society where everyone is passionate for studying and eager to learn new things. I found the experience truly enjoyable, and studying there was definitely one of the best experiences in my life, I am grateful for what all my tutors did. I would recommend Cambridge Tutors College to people who looking for a place where dreams would come true.
Chulin Meng (Lucy)

Get the latest CTC London delivered to you inbox