Economics

Curriculum Mapping Document

Year

Term

Curriculum

Assessment

12

Autumn 1

Theme 1: Introduction to markets and market failure

Introduction to Economics, Economics as a Social Science, Positive and Normative Statements, The Economic Problem, Opportunity cost, Production Possibility Frontiers, Specialisation and Division of Labour, Functions of money

Theme 2: The UK economy performance and policies

Theme 1: Bridging work – Universal income,  Economics of the NHS

Autumn 2

Theme 1: Introduction to markets and market failure

Functions of money, Economic systems, Rational decision making and Behavioural Economics, Demand, Supply, Price mechanism

Theme 2: The UK economy performance and policies

Theme 1: Sauce profits being squeezed

Spring 1

Theme 1: Introduction to markets and market failure

Price mechanism, Consumer and Producer surplus, Price, Income and Cross Elasticity of demand.  

Theme 2: The UK economy performance and policies Macroeconomic objectives Monetary policy

Theme 1: Cocoa beans data response qu,

Elasticity in the real world: newspapers qus

Spring 2

Theme 1: Introduction to markets and market failure

Price elasticity of supply, Indirect taxes and subsidies, Market failure, Externalities

Theme 2: The UK economy performance and policies Fiscal policy The Great Depression Global Financial crisis

Theme 1: Assessment, sugar tax 25 mark essay

Summer 1

Theme 1: Introduction to markets and market failure

Externalities, Public goods, Imperfect information, Government intervention

Theme 2: The UK economy performance and policies

Theme 1: AS Paper 1 mock

Summer 2

Theme 1: Introduction to markets and market failure

Government intervention, Government failure

Theme 3: Business behaviour and the labour market Size and types of firms Business growth

Theme 1: Minimum pricing Essay qu (25 marks)

13

Autumn 1

Theme 3: Business behaviour and the labour market

Business growth, Business objectives, Revenues, Costs, Economies of Scale

Theme 4: A global perspective Globalisation Specialisation and trade Patterns of trade Terms of trade

Theme 3: Short answer qus - Costs

Autumn 2

Theme 3: Business behaviour and the labour market

Profit, Efficiency, Perfect competition, Monopolistic competition

Theme 4: A global perspective Trading blocs and the WTO Restrictions on free trade Balance of payments Exchange rates

Theme 3: Short qus assessment, Kraft / Cadbury: Efficiency data response question, Eggs perfect competition data response qu, Jan 2013 Qu10b Data response

Spring 1

Theme 3: Business behaviour and the labour market

Concentration ratios, Oligopoly, Game theory.

Theme 4: A global perspective International competitiveness Absolute and relative poverty / Inequality Measures of development Factors influencing growth and development Strategies influencing growth and development

Theme 3: Paper 1 and Paper 3 Mock exams

 

Spring 2

Theme 3: Business behaviour and the labour market

Monopoly, Price discrimination, Monopsony, Barriers to entry

Theme 4: A global perspective Public expenditure Taxation Public sector finance Macroeconomic policies in a global context

Theme 3: SAM Paper 1 Qu6c, June 17 Paper 1  Section A

Summer 1

Theme 3: Business behaviour and the labour market

Barriers to entry, Contestability, Government intervention, Labour markets, Labour immobility, Wage determination, Government intervention in labour markets

Theme 4: A global perspective Role of financial markets Market failure in the financial sector Role of central banks Revision

Theme 3: Micro / Macro essay qu

Summer 2

Theme 3: Business behaviour and the labour market Revision sessions

Theme 4: A global perspective Revision