Economics

This booklet contains OCR’s Advanced Subsidiary GCE and Advanced GCE specifications in Economics for teaching from September 2008. These specifications: provide a coherent combination of microeconomic and macroeconomic content, drawing on local, national and international contexts; foster an appreciation of economic concepts and theories in a range of contexts and their value and limitations in explaining real-world phenomena.

They require candidates to: develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life; select, interpret and use appropriate data from a range of sources; analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it; develop a critical approach to economic models and methods of enquiry; study economic choices and markets; study the national and international economy.