A-Level Economics (Edexcel IAL)

Course Overview 课程介绍

Edexcel IAL 经济采用模块化按 Unit 考试，可重考单模块，经济、金融、商科与管理专业核心科目。

Edexcel International A-Level Economics is a modular course assessed unit by unit across four written units. Students sit each Unit exam separately and may retake individual units. Content spans microeconomics (markets in action), macroeconomics (performance and policy), business behaviour and the global economy, with strong emphasis on data response, evaluation and real-world application. A core subject for economics, finance, business and management applicants.

Key Facts 基本信息

Exam Board (考试局)	Pearson Edexcel International A-Level
Specification Code (代码)	WEC11-14
Structure (结构)	Modular, 4 written units; AS = Units 1-2, A2 = Units 3-4
Grading (评分)	A* - E for full A-Level; a - e for AS
Exam Units (模块)	Modular structure, unit-by-unit assessment, single unit retake allowed
Practical (实践)	No practical exam; data response and essay-based assessment

AS Syllabus AS 阶段章节（Units 1-2）

Unit 1How Markets Work

Demand and supply, price determination, elasticity, consumer and producer surplus, market efficiency
Unit 1Market Failure

Externalities, public goods, information gaps, merit and demerit goods, government intervention (taxes, subsidies, regulation)
Unit 2Macroeconomic Performance

Aggregate demand and aggregate supply, economic growth, unemployment, inflation, balance of payments
Unit 2Macroeconomic Policy

Fiscal policy, monetary policy, supply-side policy, objectives and conflicts between macroeconomic goals

A2 Syllabus A2 阶段章节（Units 3-4）

Unit 3Business Growth and Objectives

Business growth, integration, business objectives, revenues, costs and profits, economies of scale
Unit 3Market Structures

Perfect competition, monopoly, monopolistic competition and oligopoly, pricing and non-price competition
Unit 3Labour Market

Demand and supply of labour, wage determination, labour market failures and government intervention
Unit 4International Economics

Globalisation, international trade, comparative advantage, protectionism, exchange rates, balance of payments
Unit 4Economic Development and the Financial Sector

Economic growth and development, poverty and inequality, the role of the financial sector and financial markets

Exam Structure (Edexcel IAL WEC11-14) 考试结构

Unit 1 (WEC11)	Markets in Action · 1h30m · 25% of IAL (50% of AS)
Unit 2 (WEC12)	Macroeconomic Performance and Policy · 1h30m · 25% of IAL (50% of AS)
Unit 3 (WEC13)	Business Behaviour · 1h45m · 25% of IAL
Unit 4 (WEC14)	Developments in the Global Economy · 1h45m · 25% of IAL
Modular Feature	Modular structure, unit-by-unit assessment, single unit retake allowed

Suitable Majors & Pathway 适合专业与升学路径

适合经济学、金融、会计、商科与管理专业，是英国经济与金融类专业的核心科目。

Economics is a preferred subject for economics, finance, accounting, business management, PPE (Philosophy, Politics and Economics) and international relations. Combined with Mathematics it strengthens applications to top economics and finance programmes. The modular Edexcel IAL format lets students retake individual micro or macro units to lift their final grade.