A-Level Economics (AQA 7136)

Course Overview 课程介绍

AQA A-Level 经济，线性结构，微观与宏观并重，经济、金融、商科申请核心。

A-Level Economics (AQA 7136) is a linear qualification combining microeconomics (individuals, firms, markets and market failure) and macroeconomics (the national and international economy), examined by three terminal papers at the end of two years. Students develop analytical and evaluative skills using diagrams, data and real-world contexts. It is a popular core subject for economics, finance, accounting, business, management and PPE applicants.

Key Facts 基本信息

Exam Board (考试局)	Assessment and Qualifications Alliance (AQA)
Specification Code	AQA 7136
Structure	Linear structure, terminal exams at end of 2 years
Grading (评分)	A* - E (A* only for full A-Level)
Exam Papers	Paper 1 (Markets) + Paper 2 (Macro) + Paper 3 (Synoptic)
Practical Endorsement	Not applicable (no practical endorsement for Economics)

AS / Year 1 Syllabus AS 阶段章节

AS1. Economic methodology and the economic problem

Economic methodology, the economic problem, production possibility frontiers, scarcity, choice and opportunity cost, specialisation and trade
AS2. Price determination in a competitive market

Demand, supply, market equilibrium, price/income/cross elasticity of demand, price elasticity of supply, interrelationships between markets
AS3. Production, costs and revenue

Production and productivity, specialisation and division of labour, costs (fixed, variable, marginal, average), economies of scale, total/average/marginal revenue, profit, technologically and dynamically efficient production
AS4. Competitive and concentrated markets

Market structures, perfect competition, monopolistic competition, oligopoly, monopoly, contestable markets, efficiency and competition policy
AS5. The market mechanism, market failure and government intervention

Externalities, public goods, information gaps, government intervention (taxes, subsidies, regulation, price controls), government failure
AS6. The measurement of macroeconomic performance

Macroeconomic indicators (GDP, inflation, unemployment, balance of payments), index numbers, national income data, limitations of using GDP
AS7. How the macroeconomy works

Circular flow of income, aggregate demand and aggregate supply analysis, the multiplier, output gaps, deflationary and inflationary gaps
AS8. Macroeconomic policy

Demand-side policies (fiscal, monetary), supply-side policies, objectives and conflicts of policy, the policy mix

A2 / Year 2 Syllabus A2 阶段章节

A29. The labour market

Demand for labour, supply of labour, wage determination in competitive and imperfectly competitive markets, trade unions, national minimum wage, discrimination
A210. The distribution of income and wealth: poverty and inequality

Distribution of income and wealth, poverty (absolute and relative), inequality measurement (Lorenz curve, Gini coefficient), policies to redistribute
A211. Economic performance

Inflation and deflation, employment and unemployment, balance of payments, economic growth and the macroeconomic objectives, conflicts and trade-offs
A212. The financial sector

Role of the financial sector, banks and the money supply, monetary policy and Bank of England, financial market failure, regulation
A213. The international sector

Globalisation, trade theory, protectionism, exchange rates, balance of payments, the European Union, economic development, role of IMF/World Bank/WTO

Exam Structure (AQA 7136) 考试结构

Paper 1	Markets and market failure (Sections 1-5 + labour market + distribution of income) · 2h · 80 marks · 33.3% of A-Level
Paper 2	National and international economy (measurement, AD/AS, performance, policy, financial sector, international sector) · 2h · 80 marks · 33.3% of A-Level
Paper 3	Economic principles and issues (synoptic, covering all specification content) · 2h · 80 marks · 33.3% of A-Level
Notes	Linear structure, terminal exams at end of 2 years; multiple choice, data response and essay questions in each paper

Suitable Majors & Pathway 适用专业与衔接

经济、金融、商科、管理、PPE 等方向的核心科目，文理兼顾。

A-Level Economics (AQA) is one of the most popular subjects for economics, finance, accounting, business, management, PPE (Philosophy, Politics and Economics), international relations and actuarial science applicants. The linear terminal exams reward diagram-based analysis, data interpretation and evaluative essay writing, providing a strong foundation for university microeconomics, macroeconomics, econometrics and political economy modules. Many leading UK universities treat Economics as a facilitating subject.