GCSE Economics (AQA 603/0126/0)

Association of Learning

About This Course

Lay the groundwork for further study with our online GCSE Economics course. This popular GCSE programme is a strong stepping stone, and unlocks pathways to A Levels and apprenticeships.

Throughout the course, you’ll delve into the essential topics of economics, covering topics like production, costs, revenue, profit, and the structure of the national economy. Our GCSE Economics course is perfectly aligned with official standards, ensuring that your diploma is recognised and respected.

This course also provides a practical focus on real-world economic issues, allowing you to understand economic activities from the perspectives of consumers, producers, and the government.

With the support of our personal tutors, you’ll be guided and mentored to reach your full academic potential. We’ll help you to book your exam when you’re ready, and help you achieve the highest possible score for you!

Please note: You are able to complete this course without sitting exams; however, in order to achieve a full GCSE Economics qualification, exams are mandatory.

Course Benefits

Over the course of 11 units, every element of this course seeks to expand your understanding of Economics, so you can achieve the knowledge you’ll need to ace your exam.

This course will:

• Help you to develop a strong foundation of knowledge and understanding in Economics to help you achieve the highest exam score possible for you.
• Enable you to study on your own terms – no classrooms, no strict deadlines.
• Allow you to study from home – all course materials will be sent straight to your door, enabling you to fit your studies around your obligations.

Course Units

Qualification Number: 603/0126/0

How Markets Work:

Unit 1: Economic Foundations

Unit 2: Resource Allocation

Unit 3: How Prices are Determined

Unit 4: Production, Costs, Revenue, and Profits

Unit 5: Competitive and Concentrated Markets

Unit 6: Market Failure

How the Economy Works:

Unit 7: Introduction to the National Economy

Unit 8: Government Objectives

Unit 9: How the Government Manages the Economy

Unit 10: International Trade and the Global Economy

Unit 11: The Role of Money and Financial Markets

Assessment

GCSE Economics is assessed through two written exams, each lasting 1 hour and 45 minutes. Each exam is worth 50% of your overall GCSE Economics mark. Exams take place in May & June.

The exams will need to be completed under supervision at an exam centre. In order to book your exams, you will pay a fee directly to the exam centre, but don’t worry, we’ll help you book your exams when you’re ready.

Paper 1 will assess:

• Economic Foundations
• Resource Allocation
• How Prices are Determined
• Production, costs, revenue, and profit

Paper 2 will assess:

• Introduction to the National Economy
• Government Objectives
• How the Government Manages the Economy
• International Trade and the Global Economy
• The Role of Money and the Financial Markets

Required Knowledge

All you need to enrol on this course is a desire to achieve a GCSE Economics qualification! Leave the rest to us.

Awarding Body

Upon successful completion of this course and the exams, you’ll receive an Economics GCSE from the AQA.

Support

Enrolling on a GCSE course with us means you’re embarking on a learning journey where you’ll be supported all the way through.

We know exam revision can be daunting, which is why you’ll be matched up with one of our personal tutors, who will mentor and guide you. As well as their support and feedback, you’ll have access to our student support team, who will be on-hand to answer any queries you may have.

You’ll be set up on our learning management system (LMS) and given access to a range of self-assessment exercises and tutor-marked study questions, designed to help you understand and consolidate your learning.

No student should ever have to feel alone in their studies, and when you choose to learn with us, you won’t be. Whether you have a quick question or require more detailed guidance, rest assured that our team is here to help.

GCSE Economics is a good fit for students who are interested in current affairs, business, politics, or human geography. It can help students develop an understanding of the economic forces that shape the world, and how to make informed economic choices.

There are no knowledge or skill requirements to enrol on GCSE Economics.

Assessment

You will first complete the assessments included in your course materials. These will be marked by your dedicated tutor and will prepare you for your exam.

Exams

You are required to complete 2 written exams that take place in May and June. Each exam is worth 50% of your overall GCSE mark.

Paper 1: 1 hour 45 minutes written exam, 50% of marks

Paper 2: 1 hour 45 minutes written exam, 50% of marks

Exam Fees

There is a separate fee for the examinations paid directly to the exam centre at the time of booking. We’ll help you book them when you are ready.