Economics

Why Study Economics?
This course develops understanding of economic concepts and theories through a critical consideration of current UK and global economic issues, problems and institutions, affecting everyday life. Students will gain an insight into the economic challenges facing governments internationally and explore how economic policies are used to overcome these.

Sample Course Content:
Introduction to markets and market failure.
Focus on microeconomic concepts:
• Nature of Economics
• How Markets Work
• Market Failure
• Government Intervention

The UK economy - performance and policies.
Focus on macroeconomic concepts:
• Measures of Economic Performance
• Aggregate Demand
• Aggregate Supply
• National Income
• National Income Economic Growth
• Macroeconomic Objectives and Policy

Career Value:
Economics is well regarded by universities as a rigorous A Level because of the analytical skills that it teaches. The model-based approach of the subject gives a good mental framework for almost any subsequent degree. Careers could include banking, management consultancy, accounting, regulation, public policy and journalism.

Enrichment Opportunities:
Where possible, various opportunities will be made available, including subject related trips and the possibility of attending university-style lectures.