A2 in Economics 9EC01


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A2 in Economics 9EC01

Please note that the last date for exams for this course will be May/June 2016.

This course will help you prepare for your examinations in a thorough and methodical way as it follows the syllabus outline, explaining and expanding on material in the course syllabus. Links between different parts of the syllabus are noted and key terms essential to your understanding are emphasized throughout. No previous knowledge of economics is required, as the course will build up your knowledge from scratch. Successful candidates would be benefiting from an internationally recognized qualification that would enhance their future career prospects, or to gain entry at undergraduate degree level.

This A2 course consists of two units:
  • A2 Unit 3 Business Economics and Economic Efficiency
  • A2 Unit 4 The Global Economy

The A2 Units

 A2 Unit 3 Business Economics and Economic Efficiency

Learning Hours: 90

Unit description:

This unit develops the content of unit 1 and examines how the pricing and nature of competition between firms is affected by the number and size of market participants. At the end of this unit you should be able to analyse the pricing and output decisions of firms in different contexts. You should also be capable of making an appraisal of government intervention aimed at promoting competitive markets.

Unit Content:

Lesson 1

  • The different motivations of firms
  • How economists account for growth of firms
  • How revenue, costs, and profits are calculated
  • The meaning of efficiency

Lesson 2

  • The nature of different market structures
  • How Market structures influence competition
  • Why monopoly is commonly argued to be inefficient
  • The role of game theory in explaining competition
  • Why governments sometimes intervene in markets

A2 Unit 4 The Global Economy

Learning Hours: 90

Unit description:

This unit develops the knowledge and skills gained in the unit 2 to be applied in a global context. The application, analysis and evaluation of economic models are required as well as an ability to assess policies that might be used to deal with economic problems. Students should be aware of recent trends and developments in the global economy.

Unit Content:

Lesson 3

  • What are the causes and effects of globalization?
  • The Balance of payments and exchange rates
  • Monetary union
  • The benefits of international trade
  • Free trade and trade protection

Lesson 4

  • Poverty and inequality
  • Stability and growth
  • Development
  • International competition



What's Included

Online Learning Documentation, Online Resources and Tutor support for 1 year.

Further Information

Your course is delivered online via the Oxford Learning On Campus website.

January 2013 will be the last January exam period. All future exams will be held during the May - June exam period only.

In the student 'On Campus' area you are also able to take part in the student chat room and forums as part of our online student community.

After enrolling online you will receive your username and password to access the On Campus area within 3 working days.

Students are required to arrange and pay for their examinations and manage the course work element if the subject requires this. Students must check the relevant examination board website for further information and final examination sitting dates for the specification.

Materials and support provided by Oxford Learning. Oxford Learning


Course Fee


Payment by Instalments

Students are able to pay course fees in monthly instalments. Click here to download our instalment plan.

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This product was added to our catalog on Tuesday 05 August, 2008.

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