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Preference Subject
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This GCSE is designed to inspire candidates, encouraging an interest in real
world economics. Students will develop their economic knowledge and apply
this to real life situations. This is a great course to develop independence
and encourages students to become reflective thinkers.
Unit 1 – How the Markets Work. This unit looks at current economic problems, competitive
markets and how firms operate. This unit is assessed by external examination.
Unit 2 – How the Economy Works. This unit covers the economic objectives of the
Government, looks at how it raises and spends money. This is assessed through an
external examination.
Unit 3 – The UK Economy and Globalisation. This unit looks at why countries trade,
why the UK is in the EU and the measures put in place to support growth for less
economically-developed countries. This is assessed through an external examination.
