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AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD.

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Page 1: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Copyright © AQA and its licensors. All rights reserved.

AS/A-level EconomicsFor first teaching in 2015

Autumn 2014

Slide 1 Follow us on Twitter @AQACPD.

Page 2: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Structure of the session

Overview of the new AS and A-level specifications• Underlying principles and key features• Assessment structure at a glance for each• Summary of content and assessment objectives

A-level Papers 1, 2 and 3• Core content• The question papers and question types

AS assessment

Support and resources

Slide 2 Copyright © AQA and its licensors. All rights reserved. Follow us on Twitter @AQACPD.

Page 3: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Context

• This specification has been accredited by Ofqual

• Developed by an experienced team of teachers and examiners

• Designed to engage young people in this subject and provide effective assessments across the ability range

• The new AS/A-level specifications are for teaching from September 2015. First AS assessment is in summer 2016. First A-level assessment is in summer 2017.

Slide 3 Copyright © AQA and its licensors. All rights reserved.

Page 4: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Assessment structure at a glance

Slide 4 Copyright © AQA and its licensors. All rights reserved.

Component 1:Markets and market failure

Written Paper

33.3% • 2 hours

• 80 marks – 1 data response question from a choice of 2 and 1 essay question from a choice of 3

Component 2:National and international economy

Written Paper

33.3% • 2 hours

• 80 marks – 1 data response question from a choice of 2 and 1 essay question from a choice of 3

Component 3:Economic principles and issues

Written Paper

33.3% • 2 hours

• 80 marks – 30 multiple choice questions and 1 case study

Page 5: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Assessment objectives

Slide 5 Copyright © AQA and its licensors. All rights reserved.

AO DescriptionWeighting range

AO1 Demonstrate knowledge of terms/concepts and theories/models to show an understanding of the behaviour of economic agents and how they are affected by and respond to economic issues

20-23%

AO2 Apply knowledge and understanding to various economic contexts to show how economic agents are affected by and respond to economic issues 26-29%

AO3 Analyse issues within economics, showing an understanding of their impact on economic agents 26-29%

AO4 Evaluate economic arguments and use qualitative and quantitative evidence to support informed judgements relating to economic issues 22-25%

Page 6: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AS: Assessment structure at a glance

Slide 6 Copyright © AQA and its licensors. All rights reserved.

Component 1:Operation of markets and market failure

Written Paper

50% • 1 hour and 30 minutes

• 70 marks – 20 multiple choice questions and1 data response question from a choice of 2

Component 2:The national economy in a global context

Written Paper

50% • 1 hour and 30 minutes

• 70 marks – 20 multiple choice questions and1 data response question from a choice of 2

Page 7: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AS: Assessment objectives

AO DescriptionWeighting range

AO1 Demonstrate knowledge of terms/concepts and theories/models to show an understanding of the behaviour of economic agents and how they are affected by and respond to economic issues

29-31%

AO2 Apply knowledge and understanding to various economic contexts to show how economic agents are affected by and respond to economic issues 31-33%

AO3 Analyse issues within economics, showing an understanding of their impact on economic agents 21-23%

AO4 Evaluate economic arguments and use qualitative and quantitative evidence to support informed judgements relating to economic issues 15-17%

Slide 7

Page 8: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Why choose the AQA AS and A-level specifications?

• Relevant content designed by experts.

• Real life skills.

• Assessment success.

• Flexible teaching.

• Comprehensive support.

• We help your students get the results they deserve.

Slide 8 Copyright © AQA and its licensors. All rights reserved.

Page 9: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Key features and benefits

• We’ve listened to your feedback to build on the strengths of our existing specification.

• Our continual development through operational experience, teacher feedback and working with the academic community allows us to minimise the effect of the changing requirements on your day-to-day teaching.

• Increased relevance to today’s economic world.

• AQA’s growing reputation for providing successful and high quality Economics qualifications.

• Assessment you can trust with clear, well structured mark schemes and exemplar materials.

Slide 9 Copyright © AQA and its licensors. All rights reserved.

Page 10: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Key features and benefits

• Our new specifications are fully co-teachable.

• We will continue to provide our comprehensive range of resources and support.

• Support materials developed by currently practising teachers.

• We will support you through the changes.

Slide 10 Copyright © AQA and its licensors. All rights reserved.

Page 11: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Paper 1

Slide 11 Copyright © AQA and its licensors. All rights reserved.

Page 12: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Content for Paper 1

• Paper 1 looks at microeconomics

• There are limited changes to the current AQA A-level Economics specification

• Individual economic decision making is one new area

• Much of the content is identical to the current AQA A-level Economics specification, but has been clarified and modernised

Slide 12 Copyright © AQA and its licensors. All rights reserved.

Page 13: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Content for Paper 1

• Economic methodology and economic problem

• Individual economic decision making

• Price determination in a competitive market

• Production, costs and revenue

• Perfect competition, imperfectly competitive markets and monopoly

• The labour market

• The distribution of income and wealth: poverty and inequality

• The market mechanism, market failure and government intervention in markets

Slide 13 Copyright © AQA and its licensors. All rights reserved.

Page 14: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Structure of Paper 1

• 2 hours

• 80 marks

• 33.3% of total marks

• 2 sections

• Section A – 1 data response question from a choice of 2, each one containing 4 parts (40 marks in total)

• Section B –1 essay question from a choice of 3, each with 2 parts (40 marks in total)

Slide 14 Copyright © AQA and its licensors. All rights reserved.

Page 15: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Slide 16 Copyright © AQA and its licensors. All rights reserved.

A-level: Paper 2

Page 16: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Content for Paper 2

• The measurement of macroeconomic performance

• How the macroeconomy works

• Economic performance

• Financial markets and monetary policy

• Fiscal policy and supply-side policies

• The international economy

Slide 17 Copyright © AQA and its licensors. All rights reserved.

Page 17: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Structure of Paper 2

Slide 18 Copyright © AQA and its licensors. All rights reserved.

• 2 hours

• 80 marks

• 33.3% of total marks

• 2 sections

• Section A – 1 data response question from a choice of 2, each one containing 4 parts (40 marks in total)

• Section B –1 essay question from a choice of 3, each with 2 parts (40 marks in total)

Page 18: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Paper 3

Slide 21 Copyright © AQA and its licensors. All rights reserved.

Page 19: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

A-level: Content and structure of Paper 3

• All macro and microeconomic content

• No additional content from current AQA A-level Economics specification

• 2 hours

• 80 marks

• 33.3% of total marks

• 2 sections

• Section A – 30 multiple choice questions (30 marks in total)

• Section B –1 case study question with 3 parts (50 marks in total)

Slide 22 Copyright © AQA and its licensors. All rights reserved.

Page 20: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AS: Papers 1 and 2

Slide 24 Copyright © AQA and its licensors. All rights reserved.

Page 21: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AS: Content for Paper 1

• Economic methodology and the economic problem

• Price determination in a competitive market

• Production, costs and revenue

• Competitive and concentrated markets

• The market mechanism, market failure and government intervention in markets

Slide 25 Copyright © AQA and its licensors. All rights reserved.

Page 22: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AS: Content for Paper 2

• The measurement of macroeconomic performance

• How the macroeconomy works

• Economic performance

• Macroeconomic policy

Slide 26 Copyright © AQA and its licensors. All rights reserved.

Page 23: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AS: Structure of Papers 1and 2

• 1 hour 30 minutes

• 70 marks

• 50% of total marks

• 2 sections

• Section A – 20 multiple choice questions (20 marks in total)

• Section B –1 data response question from a choice of 2, each with 6 parts (50 marks in total)

Slide 27 Copyright © AQA and its licensors. All rights reserved.

Page 24: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AQA ongoing support and resources

Slide 29 Copyright © AQA and its licensors. All rights reserved.

Page 25: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AQA ongoing support and resources

• Preparing to teach events (spring-autumn 2015)

• Ongoing resources to support the new specification - sample marked answers

- schemes of work - additional specimen

question papers and mark schemes

- guidance on the new topics

• AQA website

• e-AQA

• Secure Key Materials

• ERA (Enhanced Results Analysis)

• Training coursesSlide 30 Copyright © AQA and its licensors. All rights reserved.

Page 26: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

AQA ongoing support and resources - textbooks

Slide 31 Copyright © AQA and its licensors. All rights reserved.

• Hodder and Collins are the endorsed publishers for both A-level Economics and A-level Business

• Hodder and Collins are both going to offer separate texts for year one and year two

• The expected publication dates areAS textbook: Jan 2015 for Collins

March 2015 for HodderA-level textbook: April 2015 for Collins

May 2015 for Hodder

• Full details of our approval process and links to these titles will be on our website later this year

• Digital resources will follow for all titles

Page 27: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Timeline

Slide 32 Copyright © AQA and its licensors. All rights reserved.

First teaching of AS/A-level in Economics

June

Draft Specification and specimen Question Papers, and Mark Schemes published

FREE Introductory events online

and face to face

Accredited Specification published

FREE Preparing to Teach events

September December March June September 2015

Teacher and learner resources published

Teacher training courses available

Page 28: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Contact points for more information and guidance

• Customer Support Manager – Sarah CharlesEmail: [email protected] Telephone: 01483 477 863

• Teacher Support and CPD Managers Email: [email protected] Telephone: 0161 957 3646

• AQA website www.aqa.org.uk

Slide 33 Copyright © AQA and its licensors. All rights reserved.

Page 29: AS/A-level Economics For first teaching in 2015 Copyright © AQA and its licensors. All rights reserved. Autumn 2014 Slide 1 Follow us on Twitter @AQACPD

Copyright © AQA and its licensors. All rights reserved.Slide 36

Thank you

Follow us on Twitter @AQACPD.

We are an independent education charity and the largest provider of academic qualifications for all abilities taught in schools and colleges.

Our aim is to enable students to realise their potential and provide teachers with the support and resources they need so that they can focus on inspiring learning. http://www.aqa.org.uk/