Economics A Level

How do you distinguish between value creation and value allocation? What data do you select to frame simple assumptions that make a complex problem manageable? An A level in Economics will help you start understanding the contribution economics makes to the wider social environment.

This course is one of our new Gold Star A levels. Find out more about them here.



Course requirements

A GCSE or equivalent in Economics or Maths is recommended for this course. This is an online course so you will also need access to the internet.

Duration of study

It's really up to you but, as a guide, an A level course takes about 250-300 hours plus extra time for assignment work you submit to your tutor. You will have tutor support for a period of up to 24 months from the date of enrolment. Many students allow 18-24 months to complete an A level, but some complete the course within a year.


This course follows specification 9EC0 from the awarding organisation Edexcel. Full details of the specifications can be obtained from Edexcel's website.


Section 1 - Introduction to economics
  • The nature of economics
  • Production and specialisation
  • Demand

Section 2 - Supply and price
  • Supply
  • Price determination
  • Price mechanism

Section 3 - Market failure and government intervention
  • Market failure
  • Government intervention
  • Government failure

Section 4 - The UK economy – performance measures
  • Measuring economic performance
  • Aggregate demand
  • Aggregate supply

Section 5 - The UK economy – income, growth and policies
  • National income
  • Economic growth
  • Macroeconomic objectives and policies

Section 6 - Business behaviour
  • Economic activity
  • Revenues, costs and profit
  • Price and competition
  • Production

Section 7 - Markets
  • Markets and competition
  • Labour market
  • Income and wealth

Section 8 - Government intervention in markets
  • Intervention to control competition
  • Intervention in markets
  • Impact of government intervention

Section 9 - International economics
  • Globalisation
  • Why trade?
  • Recording and financial international trade
  • How countries compete
  • Poverty and inequality

Section 10 - Macroeconomic strategies and policies
  • International growth and development
  • Strategies to promote growth and development
  • The financial sector
  • The role of the state in the global economy

Exams and assessment

Three exams:
  • 2 hours, 35% of marks
  • 2 hours, 35% of marks
  • 2 hours, 30% of marks

Non-exam assessment (NEA):
  • None


Assignments do not contribute towards your final grade but provide you with an opportunity to submit work to your tutor for marking and feedback. This will help you to gauge your progress as you work through the course.

This course has:
  • 1 introductory assignment
  • 10 assignments

Set texts and resources

Active e-book versions of these texts will be included free with your course:
  • Edexcel A level Economics A Book 1, P Smith, Hodder Education 2015
  • Edexcel A level Economics A Book 2, P Smith, Hodder Education 2015

Additional texts:
  • Maths Skills for A Level Economics, J Lawrence, Oxford University Press 2014

Using learn@nec

Your course is delivered online through learn@nec, so it’s important that you have access to a computer and the internet. We recommend that your computer is using one of the following operating systems and browsers to improve your experience of using learn@nec:

Operating systems:
  • Windows 7 or later
  • Mac OSX 10.7 or later
  • Google Chrome OS
  • Android 4.4 or later, using the Chrome browser
  • iOS 6 or later, using the Safari browser

  • Google Chrome (latest version)
  • Mozilla Firefox (latest version)
  • Safari 6 or later
  • Internet Explorer 10 or later (excluding IE11)

learn@nec may work on other operating systems and browsers with some restrictions. You can see full details of the system requirements by clicking here.

How to enrol

There are several ways to enrol with NEC:
  • Click the ‘Enrol now’ button above.
  • Telephone us on 0800 389 2839 or +44(0)1223 400200 and speak to our course advice team.
  • Ask us to send you an enrolment form which you can complete and return by post.

Paying in instalments

It’s your choice: you can pay in full at the point of enrolment, or you can spread the cost over monthly instalments with our finance offer. To pay in instalments you will need to enrol by telephone.

Representative example:
Course fee:  
Amount of credit:  
Monthly payment:  
Duration of agreement:  
Total repayable:  
Rate of interest:  
0% APR representative.  
  6 months
  0% (fixed)

The National Extension College (NEC) is the trading name of the Open School Trust, which is authorised and regulated by the Financial Conduct Authority (register number 676788). Finance is provided through the Deko platform by a number of lenders. You will be offered the best rate available based on your credit history and the lenders’ credit decision policies.

Deko is a trading name of Pay4Later Ltd who act as a credit intermediary. They are registered in England and Wales (company number 06447333) and authorised and regulated by the Financial Conduct Authority (register number 728646). For more information please go to or visit
Including area code and country code (if outside of UK)

A Level Economics Course Sample

Thank you for your interest in this course.

Please fill out your details below, and you will receive an email containing a link to download the course sample.

What our students say...

"I do not have any problems staying in touch with my tutor and the student support team. They are both wonderful and extremely supportive."

— NEC A level student