The purposes of this qualification are to define and assess achievement of the knowledge, skills and understanding that will be needed by students planning to progress to undergraduate study at a UK higher education establishment, particularly (although not only) in the same subject area, for example economics degrees with a focus on theory, or degrees in applied economics such as environmental economics, labour economics, public sector economics or monetary economics.
The Pearson Edexcel level 3 advanced GCE in economics is structured into four themes and consists of three externally examined papers. Students build knowledge and understanding of core economic models and concepts in themes 1 and 2, and then build on this and apply their knowledge to more complex concepts and models in themes 3 and 4. Students will need to apply their knowledge and understanding to both familiar and unfamiliar contexts in the assessments and demonstrate an awareness of current economic events and policies.
