SQA’s Economics qualifications develop learners’ understanding of the economic environment in which we live by enabling them to understand economic concepts set in real-life contexts.
The Course highlights how important economic concepts, government policies and global trade affect our daily lives, and deepen understanding of how markets work. Learners develop an in-depth understanding of economic problems, as well as the ability to explain those problems and consider possible solutions to them.
Valid from August 2013
Valid from August 2014
Valid from August 2015
Updates and announcements
Clarification of terminology
In National 5 Economics, the terminology used to describe sectors of industry and sectors of the economy is as follows:
- sectors of industry: primary, secondary, tertiary
- sectors of economy: private, public and third