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How to get an A/A* in A Level Economics

Here’s the deal, I’m going to share with you 5 important tips to help you secure an A or A* in A-Level Economics. Economics is a subject that tests not just your ability to understand theory but also your skill in applying it effectively in real-world contexts. These tips will help you study smarter, perform better, and hit the top grades. Let’s get started!


High angle view of a diverse group of students happily engaged in a collaborative learning activity.

Tip #1: Master Core Concepts


Succeeding in A-level Economics requires one to master the core concepts. You’ll encounter topics such as supply and demand, elasticity, market failure, government intervention, government failure etc. Make sure you know these concepts inside out, including the assumptions behind those theories and how they inter-connect with each other. In the exam, concepts would not be tested in isolation, but rather with various topics combined into one question, so the ability to quickly join-the-dots of said example concepts will make a big difference. Of course, please remember to evaluate the limitations of these models. For example, the AD-AS model might work theoretically, but in reality, what kind economic events might render a policy response unpredictable?


Tip #2: Develop Strong Analytical and Evaluation Skills


If you want an A*, you need to go beyond simply regurgitating concepts from the textbook. The best students demonstrate strong analytical & evaluative skills. Analysis involves explaining the cause-and-effect relationships between economic events. For instance, if the government increases interest rates, how will that impact consumer spending, investment, and overall economic growth? You need to break down the steps one-by-one into the most minute detail and then using chain of reasoning to illustrate your point logically.


Evaluation is equally important as it is an equal pushback to your analysis. You need to consider different perspectives, offer counterarguments, and think about the weaknesses of the analysis that you just made. Think of it as finding a chink in that long chain of reasoning you just presented. For example, a policy that reduces unemployment might also lead to higher inflation—what does that mean for long-term economic stability? Or does that policy reduces unemployment under every single economic scenario?


Tip #3: Utilise Diagrams


A word on diagrams - critical. Many answers in both essays and data-response sections rely on them. Perfect drawing them and ensure you can explain not only the outcomes of those diagrams, but also their mechanisms. Pay particular attention to correct labelling, and always explain what happens before and after you shift the curves. Doing so will strengthen the quality of your answers. It could also act as your get-out-of-jail free card on the day - should your chain of reasoning lack sufficient details, explaining how the diagrams works and the outcomes before and after any shifts can be incorporated into the chain, thereby extending your logical argument. So use diagrams if you want to stay on course for that A*.


Tip #4: Apply Theory to Real-Life Events


Economics comes alive when you connect theory with real-life examples. The examiner isn’t just looking for definitions—they want to see if you can apply economic principles to current events. That’s why it’s important to stay updated with sources like BBC News, The Financial Times, and The Economist at the bare minimum.


Let’s say you’re asked about inflation. A top-tier answer won’t just explain what inflation is or what causes inflation, but instead also mention how central banks, like the Bank of England, are raising interest rates to curb inflation today. Or if the question is about trade, you could reference how Brexit has impacted the UK’s trade flows and the current account.


Having specific examples at your fingertips helps demonstrate application. You don’t need to memorise a lot of data—just make sure you know a few relevant facts about recent events. This makes your answers engaging and insightful, giving you a better chance at scoring high marks in the exam.


Tip 5: Perfect Your Essay and Data-Response Techniques


At A-Level, your ability to write well-structured essays and answer data-response questions will be the key determining factor of your final grade. The key is to use structured frameworks like KAAE—Knowledge, Application, Analysis, and Evaluation. This ensures your answers are clear, focused, and comprehensive.


Spend a few minutes planning your essays before you start writing if necessary. Identify the key points you want to make, decide which diagrams to include, and list relevant real-life examples from your own knowledge or given to you in the extracts. Planning ensures that your essay flows in a logical sequence and helps you avoid going off-topic.


For evaluation, use phrases like “This depends on…”, “In the short vs. long term…”, or “However on the other hand” to strike balance between your arguments. Evaluation is highly valued, and strong evaluative skills could make the difference between an A and an A*.




Let’s quickly recap the 5 top tips for getting an A or A* in A-Level Economics:

1. Master core concepts —know your theories inside out and know how they connect with one another

2. Develop strong analytical and evaluation skills—show cause-and-effect relationships and present balanced evaluations.

3. Utilise diagrams—Practice drawing diagrams until they become second nature and know what topics comprise what diagrams

4. Apply theory to real-life events—integrate recent examples to make your answers more insightful and relevant.

5. Perfect your essay and data-response techniques—use structured frameworks and plan your answers to stay focused.


If you apply these strategies consistently, you’ll be well-prepared to achieve the top grades. Don’t forget, success in A-Level Economics isn’t just about working hard—it’s about working hard in a correct way.



Are you ready to unleash your full potential through consistent practice? The choice is yours, and the possibilities are endless. Start today and pave the way for a brighter academic future! Stay Connected with Dickson!


For additional study tips, resources, and updates, visit my website (dwtutoring.com) and connect with me on social media. Together we can create a community of passionate tutors and learners striving to achieving academic excellence.


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