International A Level Economics Course will help you apply economic theory to support analysis of current economic problems and issues, and encourage students to appreciate the interrelationships between microeconomics and macroeconomics. This course should allow students to relate what they are learning to the world around them – locally, nationally and globally.
Enrol for this course
£295.00 – £395.00
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Cambridge or Edexcel
Full A Level Qualification
IAS or IA2 Available
No enrolment dates. Enrol & start studying anytime
Up to 24 Months Tutor Support
300 - 360 Hours
Fast Track Available
Learning to suit you. Access to the online portal 24/7
This InternationalA Level Economics Distance Learning is ideal for anyone wishing to gain a knowledge and understanding of this subject or for anyone who wishes to study at a higher level at University and gain UCAS points. You will also find this course extremely valuable if you are looking for a progression route for further training whilst employed.
International A Level Economics CAIE exams are in June and November (Also March for India).
International A Level Economics Edexcel exams are in January, June and October.
Our courses at International Home Study allow our students to work at their own pace and we work to ensure all our student’s needs are met. Our resources will cover the requirements of the course making sure you stay on track with the subject you choose.
Support
The course will be delivered online including Tutor Support for two years. All assignments are marked by one of our professional Tutors who will offer regular feedback and guide you through your course. Postal assignments cannot be accepted without prior permission from the tutor and you must have access to email in order to contact your Tutor.
You will be provided with the telephone number for your dedicated Student Support Team who will be available for any other queries that you may have whilst completing your course. You can be assured that you will receive unlimited support for your home study course, so there is no need to struggle or feel isolated during your studies.
Assessment
The course contains a number of assignments which your tutor will mark and give you valuable feedback on. You will also have access to a range of online resources.
Students will be required to arrange and pay for their examinations at an approved centre when an examination forms part of the course. We can provide an extensive list of these centres for you.
Whats included?
Students will be provided with logins for the student portal where they will find all the study materials they need to complete their course. They will also be provided with an e-textbook to assist them in completing their assignments.
Students will be provided with a Tutor who will help guide them through their course, and their Tutor will expect them to submit a number of assignments in order that their progress can be monitored. These assignments will be graded for them and feedback provided. You will also be able to ask the Tutor any questions about the course or for more help if needed. Once their course has been completed, they will then be allocated practice exam papers to ensure that they are familiar with the procedure and layout of their exams. Learners will be expected to complete these under exam conditions (i.e.. stick to the time scales allowed and try to find somewhere quiet), their Tutor can then provide them with a grade and feedback. More practice papers can be provided if required.
Difference between Cambridge & Edexcel Exam Boards
Cambridge and Edexcel A Levels are international qualifications. Cambridge A-Levels can be taken worldwide including the United Kingdom, whereas Edexcel A-Levels can only be taken outside of the United Kingdom. Both exam boards offer a similar specification however different courses can have a different structure. Both the Cambridge and Edexcel courses are full A Level qualifications.
For the sciences, (biology, chemistry and physics) there are some differences between the specifications. With Edexcel all of the specification is taught in theory and as a result you will be assessed by written exam papers, including the practical element. If you sat the sciences with Cambridge, you will have to perform the practical element at a nearby centre, and this is not optional.
Fees
Course fees for payment in full include:
Assessment and feedback on all assignments.
Access to your personal Tutor via our online portal.
Access to a range of online resources, student materials, assessments, assignments, eBooks etc
Practice exam papers to prepare you for the real thing.
Help with UCAS application if attending University.
Tutor references and predicted grades once a satisfactory amount of work has been completed.
Help finding an exam centre for you to sit your exam.
Cambridge (until 2022)
Awarding Body: Cambridge
Course Code: 9708
Study Hours: Recommended 300 – 360 hrs
Exams Available: June & November (also March in India only)
This International A’ Level Economics Course with Cambridge will teach learners how to explain and analyse economic issues and arguments, evaluate economic information, and organise, present and communicate ideas and judgements clearly.
The course covers a range of basic economic ideas, including an introduction to the price system and government intervention, international trade and exchange rates, the measurement of employment and inflation, and the causes and consequences of inflation. Learners also study the price system, the theory of the firm, market failure, macroeconomic theory and policy, and economic growth and development.
Syllabus for Exams in 2022.
The key concepts for Cambridge International AS & A Level Economics are:
Scarcity and choice
The fundamental problem in economics is that resources are scarce and wants are unlimited, so there is always a choice required between competing uses for the resources.
The margin and change
Decision-making by individuals, firms and governments is based on choices at the margin; that is, once behaviour has been optimised, any change will be detrimental as long as conditions remain the same.
Equilibrium and efficiency
Prices are set by markets, are always moving in to and out of equilibrium, and can be both efficient and inefficient in different ways and over different time periods.
Regulation and equity
There is a trade-off between, on the one hand, freedom for firms and individuals in unregulated markets and, on the other hand, greater social equality and equity through the government regulation of individuals and markets.
Progress and development
Economics studies how societies can progress in measurable money terms and develop in a wider more normative sense.
Modules
Candidates for Cambridge International A Level Economics Level study the AS topics:
1.Basic economic ideas and resource allocation
Scarcity, choice and opportunity cost
Positive and normative statements
Factors of production
Resource allocation in different economic systems and issues of transition
Production possibility curves
Money
Classification of goods and services
The price system and the micro economy
Demand and supply curves
Price elasticity, income elasticity and cross-elasticities of demand
Price elasticity of supply
Interaction of demand and supply
Market equilibrium and disequilibrium
Consumer and producer surplus
Government microeconomic intervention
Maximum and minimum prices
Taxes (direct and indirect)
Subsidies
Transfer payments
Direct provision of goods and services
Nationalisation and privatisation
The macro economy
Aggregate Demand and Aggregate Supply analysis
Inflation
Balance of payments
Exchange rates
The terms of trade
Principles of absolute and comparative advantage
Protectionism
Government macro intervention
Types of policy: fiscal, monetary and supply side policy
Policies to correct balance of payments disequilibrium
Policies to correct inflation and deflation
Candidates for Cambridge International A Economics study the AS topics and the following topics:
1.Basic economic ideas and resource allocation
Efficient resource allocation
Externalities and market failure
Social costs and benefits; cost-benefit analysis
The price system and the micro economy
Law of diminishing marginal utility
Indifference curves
Budget lines
Types of cost, revenue and profit, short-run and long-run production
Different market structures
Growth and survival of firms
Differing objectives of a firm
Government microeconomic intervention
Policies to achieve efficient resource allocation and correct market failure
Equity and policies towards income and wealth redistribution
Labour market forces and government intervention:
Demand and supply of labour
Wage determination in perfect markets
Wage determination in imperfect markets
Government failure in microeconomic intervention
The macro economy
Economic growth, economic development and sustainability
National Income statistics
Classification of countries
Employment/unemployment
The circular flow of income
Money supply (theory)
Keynesian and Monetarist schools
The demand for money and interest rate determination
Policies towards developing economies; policies of trade and aid
Government macro intervention
Government macro policy aims
Inter-connectedness of problems
Effectiveness of policy options to meet all macroeconomic objectives
Exam Papers
Paper 1: Multiple Choice
Written Examination: 1 hour
Availability: June and November
Assessment Overview: 30 multiple choice questions based on the AS Level syllabus content.
30 marks
Paper 2: Data Response and Essay
Time: 2 hours
Availability: June and November
Assessment overview:
Section A: one data response question (20 marks)
Section B: one structured essay from a choice of three (20 marks) Based on the AS Level syllabus content
40 marks
Paper 3: Multiple Choice
Written examination: 1 hour 15 minutes
Availability: June and November
Assessment overview. 30 multiple choice questions based on the A Level syllabus content.
30 marks
Paper 4: Data Response and Essays
Practical examination: 2 hours
Availability: June and November
Assessment overview:
Section A: one data response question (20 marks) Section B: two essays from a choice of six (50 marks) Based on the A Level syllabus content
70 marks
Cambridge (from 2023)
Awarding Body: Cambridge
Course Code: 9708
Study Hours: Recommended 300 – 360 hrs
Exams Available: June & November (also March in India only)
This International A’ Level Economics Course with Cambridge will teach learners how to explain and analyse economic issues and arguments, evaluate economic information, and organise, present and communicate ideas and judgements clearly.
The course covers a range of basic economic ideas, including an introduction to the price system and government intervention, international trade and exchange rates, the measurement of employment and inflation, and the causes and consequences of inflation. Learners also study the price system, the theory of the firm, market failure, macroeconomic theory and policy, and economic growth and development.
Syllabus for exams in 2023, 2024 and 2025
The key concepts for Cambridge International AS & A Level Economics are:
Scarcity and choice
The fundamental problem in economics is that resources are scarce and wants are unlimited, so there is always a choice required between competing uses for the resources and an opportunity cost in making this choice.
The margin and decision-making
In economic theory, decision-making by consumers, firms and governments is based on choices at the margin – for example firms will produce up to the point where the revenue generated by an extra unit of output is equal to the cost of producing it. However, economic decision-making can be based on facts, theory, effectiveness, priorities/objectives and values/ethical judgements.
Equilibrium and disequilibrium
Individual markets and the economy as a whole are always moving into and out of equilibrium, constantly altering the allocation of resources.
Time
Economic conditions change in different time periods, such as the short run and the long run. Individuals, firms, markets and governments are able to respond to these changes in different ways depending on the time frame. Some economic decisions have a time frame element – trading off a cost in the present for a benefit in the future, for example.
Efficiency and inefficiency
Individual markets and the economy as a whole can be both efficient and inefficient in different ways when using scarce resources.
The role of government and the issues of equality and equity
There is a trade-off between, on one side, freedom for firms and individuals in unregulated markets and, on the other side, greater social equality and equity through government regulation of individuals and markets.
Progress and development
Economics studies how societies can progress in measurable money terms and develop in a wider more normative sense regarding living standards, inclusivity and sustainability.
Candidates for Cambridge International A Economics study the AS topics and the following topics:
Basic economic ideas and resource allocation
Scarcity, choice and opportunity costs
Economic methodology
Factors of production
Resource allocation in different economic systems
Production possibility curves
Classification of goods and services
The price system and the micro-economy
Demand and supply curves
Price elasticity, income elasticity and cross elasticity of demand
Price elasticity of supply
The interaction of demand and supply
Consumer and producer surplus
Government microeconomic intervention
Reasons for government intervention in markets
Methods and effects of government intervention in markets
Addressing income and wealth inequality
The macro-economy
National income statistics
Introduction to the circular flow of income
Aggregate Demand and Aggregate Supply analysis
Economic growth
Unemployment
Price stability
Government macroeconomic intervention
Government macroeconomic policy objectives
Fiscal policy
Monetary policy
Supply-side policy
International economic issues
The reasons for international trade
Protectionism
Current account of the balance of payments
Exchange rates
Policies to correct imbalances in the current account of the balance of payments
A Level Candidates also study these additional topics:
The price system and the microeconomy
Utility
Indifference curves and budget lines
Efficiency and market failure
Private costs and benefits, externalities and social costs and benefits
Types of cost, revenue and profit, short-run and long-run production
Different market structures
Growth and survival of firms
Differing objectives and policies of firms
Government microeconomic intervention
Government policies to achieve efficient resource allocation and correct market failure
Equity and redistribution of income and wealth
Labour market forces and government intervention
The macroeconomy
The circular flow of income
Economic growth and sustainability
Employment/unemployment
Money and banking
Government macroeconomic intervention
Government macroeconomic policy objectives
Links between macroeconomic problems and their interrelatedness
Effectiveness of policy options to meet all macroeconomic objectives
International economic issues
Policies to correct disequilibrium in the balance of payments
Exchange rates
Economic development
Characteristics of countries at different levels of development
Relationship between countries at different levels of development
Globalisation
Exam Papers
Paper 1: Multiple Choice
Written Examination: 1 hour
Availability: June and November
Assessment Overview: 30 multiple choice questions based on the AS Level syllabus content.
30 marks
Paper 2: Data Response and Essay
Time: 2 hours
Availability: June and November
Assessment overview:
Section A: one data response question (20 marks)
Section B: one essay from a choice of two focusing mainly on microeconomics; there are two parts to each essay question (20 marks)
Section C: one essay from a choice of two focusing mainly on macroeconomics; there are two parts to each essay question (20 marks)
Questions are based on the AS Level subject content.
60 marks
Paper 3: Multiple Choice
Written examination: 1 hour 15 minutes
Availability: June and November
Assessment overview. 30 multiple choice questions based on the A Level syllabus content; knowledge of material from the AS Level subject content is assumed.
30 marks
Paper 4: Data Response and Essays
Practical examination: 2 hours
Availability: June and November
Assessment overview:
Section A: one data response question (20 marks)
Section B: one essay from a choice of two focusing mainly on microeconomics; the essay questions are unstructured with no parts (20 marks)
Section C: one essay from a choice of two focusing mainly on macroeconomics; the essay questions are unstructured with no parts (20 marks)
Questions are based on the A Level subject content; knowledge of material from the AS Level subject content is assumed.
60 marks
Edexcel
Awarding Body: Edexcel
Specification codes: XEC11/ YEC11
Edexcel Exams: January, June & October
Edexcel Study Hours: 300 – 360 hours
The Edexcel International A’ Level Economics Course will help you develop an interest in, and enthusiasm for, the subject and appreciate the contribution of economics to the understanding of the wider economic and social environment.
This course will develop your analytical and quantitative skills, together with qualities and attitudes that will equip you for the challenges, opportunities and responsibilities of adult and working life.
Candidates for Edexcel International A Level Economics Level study the AS topics:
1: Markets in Action
Introductory concepts
Consumer behaviour and demand
Supply
Price determination
Market failure
Government intervention in markets
2: Macroeconomic performance and policy
Measures of economic performance
Aggregate demand (AD)
Aggregate supply (AS)
National income
Economic growth
Macroeconomic objectives and policies
Edexcel A Level Economics Candidates also study these additional topics:
3: Business behaviour
Types and sizes of businesses
Revenue, costs and profits
Market structures and contestability
Labour markets
Government intervention
4. Developments in the global economy
Causes and effects of globalisation
Trade and the global economy
Balance of payments, exchange rates and international competitiveness
Poverty and inequality
The role of the state in the macroeconomy
Growth and development in developing, emerging and developed economies
Exam Papers
Paper 1: Markets in Action
Written Examination: 1 hour 45 minutes
Availability: January, June and November
Assessment overview:
Section A: Six multiple-choice questions (6 marks).
Section B: Five short-answer questions (20 marks).
Section C: A five-part question, based on data provided in a source booklet (34 marks). Section D: One 20-mark essay question from a choice of two (20 marks).
80 marks
Paper 2:Macroeconomic performance and policy
Written Examination: 1 hour 45 minutes
Availability: January, June and October
Assessment overview:
Section A: Six multiple-choice questions (6 marks).
Section B: Five short-answer questions (20 marks).
Section C: A five-part question, based on data provided in a source booklet (34 marks). Section D: One 20-mark essay question from a choice of two (20 marks).
80 marks
Paper 3: Business behaviour
Written Examination: 2 hours
Availability: January, June and November
Assessment overview:
Section A: Six multiple-choice questions (6 marks).
Section B: A five-part question, based on data provided in a source booklet (34 marks). Section C: Two 20-mark essay questions from a choice of three (40 marks).
80 marks.
Paper 4: Developments in the global economy
Written Examination: 2 hours
Availability: January, June and October
Assessment overview:
Section A: Six multiple-choice questions (6 marks).
Section B: A five-part question, based on data provided in a source booklet (34 marks). Section C: Two 20-mark essay questions from a choice of three (40 marks).
You do not need any prior learning knowledge or experience to take this course. This course is openly available to anyone who wishes to take part in a highly rewarding home study course, although you would be expected to have a reasonable standard of literacy.
You have the freedom to start the course at any time and continue your studies at your own pace for a period of up to 2 years from initial registration with the full support of your Tutor. You do not have to wait until September, when a traditional school starts.
Once you enrol, you will have access to our online portal 24/7. Here you will find study materials that have been specially prepared by your tutor, there will be assessments, study notes, eBooks and assignments all relating to your course. Everything in this course is structured to follow the course specification, so all topics and units cover everything you need to learn. Your tutor will mark your work and give you written feedback on areas you need to improve or explain what you have done well. You can also ask your tutor questions if you get stuck on a topic or need something explaining a little more.
When you approach the exams, your tutor will set you a series of practise exam papers so that you can know what to expect in your exam, and you can go into them feeling confident.
You will be provided with eBooks for this course. If you want to purchase physical books in addition, then we can provide you with the book ISBN numbers.
Students will be required to arrange and pay for their examinations (including any practicals they wish to take) at an approved centre. We can provide an extensive list of these centres for you.
Most of our A Levels are available internationally. We offer A Levels with three different awarding bodies, AQA, Cambridge and Edexcel. If the course is only available via the AQA awarding body then of course you can still take our course, however the exams must be taken in the UK.
Cambridge, and Edexcel both have international exam centres, so you may be able to take the exams locally to you. Should you need any help, then please do get in touch and we can assist you on this.
Yes, you can work at your own pace to complete this course. Despite having 24 months Tutor Support, once you enrol you will be asked when you wish to complete, and your tutor can work along side you to achieve this.
For example, any A-Level course undertaken has a recommended 360 guided learning hours. Breaking down a 360 hour course into 12 weeks, you would need to be able to commit to 30 hours per week of studying. It is entirely up to you the amount of time you can commit to studying. But with online learning, having the flexibility is a real advantage. This allows you to set the pace. Take your time or Fast-track, get the qualification when you need it.
All of our A Level awarding bodies will give you a full A Level qualification. There will be slight differences between the specifications and what you will actually learn.
For the Science courses (Biology, Chemistry, and Physics), there would be a difference in how you sit practical elements.
AQA offers practicals but they are optional.
With the Cambridge exam board, you will be expected to perform the practical elements, they are compulsory. Which means finding an exam centre that has a lab for you to complete this.
With Edexcel, the practical elements are all taught in theory and are assessed via a written exam, therefore you can sit your full exam at a typical Edexcel approved exam centre.
More information about science practicals can be found here.
It is recommended that you aim to book your examinations 4/6 month prior to sitting them to avoid late entry fee charges. Additionally, we would advise that you contact a few exam centres and find out the best price, as they can fluctuate greatly.
You will sit the same exam as thousands of students across the country in an exam centre, and achieve the same qualification as everyone else. A-Level qualifications are recognised by the world’s best universities and employers, giving students a wide range of options in their education and career.
Of course, all of our courses are tailored to cover the entire specification and are split into topics. You will have assignments to complete on every topic where your tutor will give you feedback. If you are struggling with an aspect then you can message your tutor and they can provide more information for you.
As your exams approach, your tutor will set a series of exam papers for you to take, so you can get a feel for the real thing.
If you complete all of your assignments, and your practise exam papers then there is no reason why you shouldn’t achieve a top grade.
Are you interested in this course?
If you are interested in this course then fill in this form to receive more information to your email. Alternatively click on the chat logo in the bottom right hand corner and contact us there. We will get back to you.