York College

Industry Insights

Actuaries, economists and statisticians

Up to £28,000

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Social and humanities scientists

Up to £24,000

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Managers and directors in transport and distribution

Up to £57,000

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Entry requirements

Please see our Entry Requirements page for general entry requirements guidance.

Duration

Two years.

What will I study?

The course is split into two distinct areas:

Individuals, Firms, Markets and Market Failure

Units include:

  • The economic problem and economic methodology
  • 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

And

The National and International Economy

Units include:

  • The measurement of macroeconomic performance
  • How the macroeconomy works: the circular flow of income, aggregate demand/aggregate supply analysis, and related concepts
  • Economic performance
  • Financial markets and monetary policy
  • Fiscal policy and supply-side policies
  • The international economy

Good course combinations

Economics combines well with Maths, Business and the Social Sciences.

How will I be assessed?

Paper 1: Markets & Market Failure
2 hour exam, one data response question and one essay.

Paper 2: National & International Economy
2 hour exam, one data response question and one essay.

Paper 3: Economic Principles and Issues
2 hour exam, 30 multiple choice questions and one case study question.

What could it lead to?

The course will prepare you for higher education economics courses or can form a component of a joint degree with a wide range of other subjects. Possible careers could include working in financial markets, business management and corporate law.

Need some help?

If you have any further questions about this course, or would like us to help you with your application, please contact the Schools Liaison team on 01904 770239 or email This email address is being protected from spambots. You need JavaScript enabled to view it.

Whilst every effort has been made to ensure the accuracy of the information contained in this webpage, the content is subject to change where necessary.

1366-1422-293

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