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 AS level in Economics will help you start understanding the contribution economics makes to the wider social environment.
Would you prefer to pay for your course by instalments? Please see the ‘How to enrol’ section below for details of our low cost, interest free finance available.
This course is one of our new Gold Star AS levels. Find out more about them here.
A GCSE or equivalent in Economics or Maths is recommended for this course.
Hours of study
It's really up to you but, as a guide, an AS level course takes about 120-150 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. Some students allow 18-24 months to complete an AS level, but others complete the course within a year.
Exams and assessment
- 1 hour 30 minutes, 50% of marks
1 hour 30 minutes, 50% of marks
Non-exam assessment (NEA):
NEC's tutor-marked assignments:
- 1 introductory assignment
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
Maths Skills for A Level Economics, J Lawrence, Oxford University Press 2014
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:
- 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
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.
How can you pay?
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.
Amount of credit:
Duration of agreement:
Rate of interest:
0% APR representative.
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 www.dekopay.com/faq or visit www.dekopay.com.
Section 1 - Introduction to economics
- The nature of economics
- Production and specialisation
Section 2 - Supply and price
- 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
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