Download GCSE (9-1) Economics Scheme of Work 1 year

Sample scheme of work for GCSE (9–1) Economics
Scheme of Work for OCR GCSE (9–1) in Economics (J205) – teaching across
1 year
Following the suggestion of some Economics departments which are covering the new OCR GCSE (9-1) Economics course, J205 in one year,
we’ve created this sample scheme of work to show how the content could be organised over 30 weeks of teaching. It is designed as a guide only
and the order of topics can be changed to suit the preferences of the department. Textbook references are to new OCR GCSE (9-1) textbook,
which is available from spring 2017.
Component 1: Introduction to Economics
Textbook
Reference
Teaching
weeks
Chapter 1.1
Week 1
Chapter 1.2
Week 2
1. Introduction to Economics
Autumn
Term
1.1 Main economic groups and
factors of production
Main economic groups
1.2 The basic economic problem
Economic choices and sustainability
Factors of production
The economic problem
Opportunity cost
Economic choices and sustainability
2. The role of markets and money
2.1 The role of markets
Market
Chapter 2.1
Week 3
Chapter 2.2
Week 4
Chapter 2.3
Week 5
Chapter 2.4
Week 6
Products and services
Sectors
Product and factor markets
Specialisation and exchange
2.2 Demand
Demand and demand curve
Shifts and movement, causes and consequences
Price elasticity of demand and importance for
consumers/producers
2.3 Supply
Supply and supply curve
Shifts and movement, causes and consequences
Price elasticity of supply and importance for
consumers/producers
2.4 Price
Price
Equilibrium price and quantity
Interaction of demand and supply
Determination of price and allocation of resources
Market forces, equilibrium price and quantity
Autumn Half-Term
2.5 Competition
Competition and market economy
Chapter 2.5
Week 7
Chapter 2.6
Week 8
Chapter 2.7
Week 9
Chapter 2.8
Week 10
Competition and price
Impact of competition on producers and consumers
Competitive markets, monopoly and oligopoly
2.6 Production
Role of producers
Production and productivity
Cost, Revenue, profit and loss
Economies of scale
Autumn
Term
2.7 The labour market
The labour market
Determination of wages
Gross and net pay calculations
2.8 The role of money and financial
sector
Role of money and importance of financial sector
Interest rates
Saving, borrowing and investment
Interest rate calculations
Revision and mock exams Component 1: Introduction to Economics
Week 11
Revision and mock exams Component 1: Introduction to Economics
Week 12
Christmas Holidays
National and International Economics
3. Economic objectives and the role of government
3.1 Economic growth
Economic growth
Chapter 3.1
Week 13
Chapter 3.2
Week 15
Chapter 3.3
Week 16
Chapter 3.4
Week 17
Chapter 3.5
Week 18
GDP and GDP per capita
Determinants and costs and benefits of economic growth
3.2 Low unemployment
Employment and unemployment
Claimant Count
Unemployment rate calculations
Types of unemployment
Spring
Term
Causes and consequences of unemployment
3.3 Fair distribution of income and
wealth
Income and wealth
3.4 Price stability and inflation
Price stability and inflation
Causes, consequences of differences in income and wealth
Consumer Price Index
Real and nominal values
Causes and consequences of inflation
3.5 Fiscal policy
Government spending and revenue
Government budget
Fiscal policy, effects, costs and benefits
Measures to redistribute income and wealth
Spring Half-Term
3.6 Monetary policy
Monetary policy, growth, employment and price stability
Chapter 3.6
Week 19
Chapter 3.7
Week 20
Chapter 3.8
Week 21
Effects of monetary policy
3.7 Supply side policies
Supply side policies
Costs and benefits of supply side policies
3.8 Limitations of markets
Positive and negative externalities
Government policies to correct externalities
Spring
Term
Impact, costs and benefits of policies to correct externalities
4. International trade and the global economy
4.1 The importance of international
trade
International trade and free trade agreements
Chapter 4.1
Week 22
4.2 Balance of payments
Balance of Payments; surplus and deficits
Chapter 4.2
Week 23
Chapter 4.3
Week 24
Chapter 4.4
Week 25
Importance of BOP for UK economy
4.3 Exchange rates
Exchange Rates and currency conversion
Effect of changes in the exchange rate
Easter Holidays
4.4 Globalisation
Globalisation and development
Costs and benefits of globalisation
Summer
Term
Revision and mock exams Component 2: National and International Economics
Revision and Exam preparation
Week 26
-Week 30
Summer Half-Term