WJEC
Level 3
QN: 601/4104/9
Curriculum Active
WJEC Eduqas Level 3 Advanced Subsidiary GCE in Economics
Official qualification regulated by Ofqual, awarded by WJEC. Classified as a GCE AS Level. Total guided learning hours: 180 hours.
Qualification Level
Level 3
Awarding Body
WJEC
Syllabus Units
2 Units
Guided Hours
180 hrs
Instant access to interactive lessons, quizzes, and spaced revision.
Course Syllabus & Study Modules
Complete breakdown of verified curriculum topics and learning objectives.
1
WJEC Eduqas Level 3 Advanced Subsidiary GCE in Economics
WJEC Eduqas Level 3 Advanced Subsidiary GCE in Economics - Core Content
Verified
Key Learning Objectives:
- Explain the basic economic problem and the role of opportunity cost in decision-making.
- Apply supply and demand analysis to determine equilibrium price and quantity in product markets.
- Evaluate the causes and consequences of market failure, including externalities and public goods.
- Analyse the components of aggregate demand and the factors influencing short-run and long-run aggregate supply.
- Assess the conflicts that may arise when governments pursue multiple macroeconomic objectives simultaneously.
- Critically evaluate the effectiveness of fiscal, monetary, and supply-side policies in achieving macroeconomic stability.
Regulatory & Verification Details
- Qualification Number (QN)
- 601/4104/9
- Regulated Status
- Available to learners
- Awarding Body
- WJEC
- Qualification Type
- GCE AS Level
- Operational Start
- Sept 2015
- Operational End
- Feb 2027