LRN International AS and A Level Economics (7141)

The LRN International AS & A Level Economics is designed to enable international candidates to demonstrate their ability across a broad range of advanced Economic Fundamentals, Microeconomics, Macroeconomics and Government Interventions.

Accreditation	LRN International AS/A Level are GLOBALLY RECOGNISED qualifications designed specifically for INTERNATIONAL CANDIDATES and are available outside the United Kingdom. Candidates based in England refer to the Ofqual register.
Level	Intermediate
Grading	International A Level: A*, A, B, C, D or E International AS Level: A, B, C, D or E
Assessment	Written Exams
Guided Learning Hours	Total: 180 and 360 guided learning hours

Introduction

This specification provides an overview to the LRN International AS & A Level Economics1. This document is suitable for various users, including candidates, centres, administrators, employers, parents/guardians, teachers (and other educational based staff) and examiners. The specification outlines the key features and administrative procedures required for this international qualification.

Objective

Mode of Delivery

This qualification has been constructed to be delivered within centres. Centres will need to demonstrate to LRN, through the centre recognition processes, that they have the resources, facilities and competence to deliver. However, centres must be able to demonstrate, in line with LRN’s criteria, that they have the means, capability, capacity and resources (including suitably qualified centre staff) to deliver by the method chosen by the centre.

Progression

The LRN International AS & A Level Economics has been designed to reflect the wide variation in candidates’ origins, levels of education and career aims. Progression opportunities may, therefore, take a variety of paths. Depending on the level of qualification achieved, it may be appropriate for the candidate to progress to:

1. Similar level 3 qualification in Economics;
2. LRN Level 3 Diploma in Pre-U Foundation Studies;
3. A higher level of any qualification – e.g.; HNC/HND or Degree’
4. Vocationally Related Qualifications

Breakdown of Assessment Objectives

AO 1 – demonstrate an understanding of economic agents and associated issues
AO 2 – apply knowledge and understanding of economic concepts and issues to a variety of contexts
AO 3 – analyse issues within economic activity, showing an understanding of the impact on economic agents and markets of external and internal influences.
AO 4 – evaluate quantitative and qualitative information to make informed judgements and propose evidence-based solutions to economic issues.

Guided Learning Hours

The LRN International AS Level guided learning hours (GLH) are 180 and 360 guided learning hours for LRN International A Level. Please note the hours stated are indicative.

Grading

The LRN International A Level will be graded on a six-point scale: A*, A, B, C, D and E and LRN International AS Level will be graded on a five-point scale: A, B, C, D and E Candidates who fail to reach the minimum standard for grade E will be recorded as U (unclassified) and will not receive a qualification certificate.