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    CCEA as-level Economics

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    Course overview

    The CCEA as-level Economics specification covers 2 topics with 6 learning objectives (601/8376/7). Use the topic browser below to explore subtopics, exam tips, common mistakes, and key terminology for each area of the course.

    • 2 topics
    • 6 learning objectives
    Ofqual Regulated: 601/8376/7

    Official Regulatory Specification

    Regulated by the Office of Qualifications and Examinations Regulation (Ofqual) in England

    View on Ofqual Register (opens the official government register in a new tab)
    Qualification Number (QN)
    601/8376/7
    Awarding Organisation
    CCEA
    Regulatory Type
    GCE AS Level
    National Level & Units
    as-level • 2 units
    Sector Subject Area: Economics
    This qualification is officially accredited under the national framework. Credits and certified outcomes are recognised by employers, further education colleges, and training providers throughout the UK.
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    About this course

    About CCEA as-level Economics

    CCEA AS-Level Economics introduces students to the fundamental principles of microeconomics and macroeconomics, focusing on real-world applications within the UK and Northern Ireland context. The course is designed to develop analytical and evaluative skills, encouraging students to think like economists when examining markets, government policies, and economic performance.

    The specification is structured into two main units: 'Markets and Market Failure' (AS 1) and 'The National Economy' (AS 2). These units are assessed through two written examinations, each contributing 50% to the final AS grade. The content builds a strong foundation for A-Level study, with an emphasis on current economic issues and data response questions.

    Assessment Structure

    The CCEA AS-Level Economics qualification is assessed through two externally examined written papers. AS 1: 'Markets and Market Failure' is a 1 hour 30 minute paper worth 50% of the AS grade, containing multiple-choice questions, short-answer questions, and one extended writing question. AS 2: 'The National Economy' is also 1 hour 30 minutes and worth 50% of the AS grade, with a similar format including data response and essay questions. Each paper is worth 80 marks, giving a total of 160 marks for the AS qualification. There is no coursework or practical assessment.

    Why Choose CCEA?

    • CCEA offers a contextually relevant specification that frequently uses local and UK-wide case studies, making it easier for students in Northern Ireland to relate economic concepts to their own environment.
    • The assessment structure is straightforward, with two equally weighted papers that allow students to demonstrate their knowledge across both micro and macro topics without the pressure of modular retakes.
    • CCEA's Economics AS is designed to develop critical thinking and data analysis skills, which are highly valued by universities and employers, and it provides a smooth progression to the CCEA A-Level Economics course.

    Frequently Asked Questions

    What is the difference between CCEA AS-Level Economics and A-Level Economics?
    The CCEA AS-Level Economics is a standalone qualification that is typically taken in the first year of sixth form. It covers two units (AS 1 and AS 2) and is assessed by two written papers. The A-Level Economics is a two-year course that includes the AS content plus additional units (A2 1 and A2 2), leading to a full A-Level qualification. If you take the AS and then decide not to continue to A2, you can still receive an AS qualification, but it will not count towards a full A-Level.
    How many exams are there for CCEA AS-Level Economics?
    There are two written exams for CCEA AS-Level Economics. AS 1: 'Markets and Market Failure' and AS 2: 'The National Economy'. Each exam is 1 hour 30 minutes long and is worth 50% of your final AS grade. Both exams are taken at the end of the academic year, typically in May or June.
    Is CCEA AS-Level Economics harder than other exam boards?
    The difficulty of CCEA AS-Level Economics is comparable to other exam boards, but it has a distinct style. CCEA papers often include multiple-choice questions, which are less common on other boards like AQA or Edexcel. The content is similar, but CCEA places a strong emphasis on applying economic concepts to local and UK contexts. Some students find the data response questions straightforward, while others may need to practise essay writing skills. Overall, it is a well-structured and accessible course if you keep up with the material.
    What career options does CCEA AS-Level Economics lead to?
    Studying Economics at AS-Level can open doors to a wide range of careers, including roles in banking, finance, management consultancy, government policy, and data analysis. It also provides a strong foundation for university degrees in Economics, Business, Politics, or Law. The analytical and problem-solving skills you develop are highly transferable and valued by employers in many sectors.
    Do I need to have studied Economics at GCSE to take CCEA AS-Level Economics?
    No, you do not need to have studied Economics at GCSE to take CCEA AS-Level Economics. The course assumes no prior knowledge and starts from the basics. However, you should have good grades in GCSE English and Mathematics, as the course involves essay writing and interpreting data. A keen interest in current affairs and how the economy works is also beneficial.
    Assessment and exam guidance

    What Gets Top Grades

    A*/Grade 9

    Knowledge & Understanding

    Demonstrates comprehensive and accurate knowledge

    • Uses correct subject-specific terminology
    • Shows detailed understanding of concepts
    • Makes accurate connections between topics
    • Demonstrates depth beyond surface-level knowledge

    Application

    Applies knowledge effectively to new contexts

    • Selects relevant knowledge for the question
    • Adapts understanding to unfamiliar scenarios
    • Uses examples appropriately
    • Shows awareness of context

    Analysis & Evaluation

    Develops sophisticated analytical arguments

    • Constructs logical chains of reasoning
    • Considers multiple perspectives
    • Weighs evidence to reach justified conclusions
    • Acknowledges limitations and nuances

    Key Command Words

    CCEA
    State
    1 mark

    Give a single fact or term

    Identify
    1 mark

    Name, select, or recognise

    Outline
    2 marks

    Set out main features briefly

    Describe
    2-4 marks

    Give an account of what something is like or what happens

    Explain
    3-6 marks

    Give reasons with developed cause→effect chains

    Compare
    2-4 marks

    State similarities AND differences (both required)

    Analyse
    6-9 marks

    Examine in detail showing cause→effect→consequence chains

    Evaluate
    6-12 marks

    Weigh up BOTH sides, reach JUSTIFIED conclusion

    Assess
    6-12 marks

    Make judgments about importance with justification

    Calculate
    2-4 marks

    Show formula→substitution→calculation→answer with units

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