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MAPPING  \nStaying with or switching to Pearson Edexcel Economics B  \nPlease note: Information within this document relating to AS Level Economics B is no longer applicable because the qualification is no longer available  \nSwitching to Pearson Edexcel Economics B  \nContents  \nIntroduction 2  \nWhat is Economics B? 2  \nWhat are students required to study in A level Economics? 2  \nEconomics B overview 5  \nContent 5  \nAssessment 5  \nMapping to the 2008 specifications 5  \nSpecification map: from 2008 Pearson Edexcel  \nEconomics & Business 6  \nSpecification map: from 2008 Pearson Edexcel  \nEconomics 9  \nIntroduction  \nEconomics B is a new qualification for 2015. It would be a suitable successor to our 2008 Economics & Business qualification.  \nWhether you are thinking of staying with or switching to Pearson Edexcel for the 2015 specifications, this document is an easy reference guide to help you identify key comparisons and differences between the specifications.  \nThe Getting Started Guide for AS and A level Economics B – available free on the Economics B pages of the Edexcel website – includes detailed coverage of the principles behind all the changes and the support available to help you deliver the new courses from 2015.  \nWhat is Economics B?  \nIn Economics B students apply economic theory to real-life business contexts to help them understand the complexities of the world around them. Students also use data to help them analyse markets and economies, and how governments try to influence both. Students use economic theory to explain events and develop an understanding of the strategies employed by businesses in responding to these events.  \nBusiness contexts are integrated throughout the course to provide a contextualised approach to economics, with less emphasis on abstract models and more emphasis on real-world case studies. This demonstrates how economics can be used to understand the business world, and how the business world provides relevance and engagement to the study of economics.  \nThis approach was pioneered by the Nuffield Foundation.  \nWhat are students required to study in A level Economics?  \nAll Economics specifications must meet the content requirements set out in the Department for Education’s subject content document (which can be found on the DfE website) . This content has been updated for the new specifications and the boxes below highlight the key requirements.  \nThe following requirements apply to both AS and A level Economics specifications:  \nAS and A level specifications must require students to:  \n● develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life  \n● develop analytical and quantitative skills in selecting, interpreting and using appropriate data from a range of sources  \n● explain, analyse and evaluate the strengths and weaknesses of the market economy and the role of government within it  \n● develop a critical approach to economic models of enquiry, recognising the limitations of economic models  \n● understand microeconomic and macroeconomic market models; use the models to explore current economic behaviour; make causal connections; and develop an understanding of how the models shed light on the economy as a whole  \n● be aware of the assumptions of the model of supply and demand; explain the way it works using a range of techniques; and use the model to describe, predict and analyse economic behaviour  \n● develop an understanding of the benefits of markets and the reasons why they may fail; understand the implications of market failure for individuals, firms and government; and recognise the possibility of government failure  \n● use the aggregate demand/aggregate supply (AD/AS) model and data to understand why supply-side and/or demand-side policies may be seen as appropriate ways of managing an economy  \n● consider the possible impact of","cbCaivtlEMysc9SB","https://ap.wps.com/l/cbCaivtlEMysc9SB","pdf",535705,12,"English","# Introduction\n## What is Economics B?\n## What are students required to study in A level Economics?\n# Economics B overview\n## Content\n## Assessment\n## Mapping to the 2008 specifications\n### Specification map: from 2008 Pearson Edexcel\n## Economics & Business\n## Economics","[{\"question\":\"What is the purpose of this Economics B specification mapping document?\",\"answer\":\"It provides an easy reference to help identify key comparisons and differences between the 2015 Economics B specifications and the 2008 qualification.\"},{\"question\":\"How do students learn Economics B according to the document?\",\"answer\":\"Students apply economic theory to real-life business contexts, use data to analyse markets and economies, and explain events and business strategies while evaluating strengths and weaknesses of market and government roles.\"},{\"question\":\"What learning requirements apply to both AS and A level Economics B specifications?\",\"answer\":\"They must require students to develop understanding of concepts through current issues, build analytical and quantitative skills using data, and explain, analyse, and evaluate the market economy and the role of government, while also using and critically considering economic models of enquiry.\"}]","A Level Economics B - Specification Mapping - Staying with or switching to Pearson Edexcel Economics B | PDF",1792462543]