Economics is a broad social science concerning choice.
specifically, it is concerned with how individuals, businesses and governments
make decisions about how the scarce resources of the planet are shared amongst
it’s population. Economists attempt to answer questions as varied as: How can
we eliminate poverty? On what basis do we decide how to spend taxpayers money?
Why is a footballer paid more than a doctor?
This specification enables students to use an enquiring,
critical and thoughtful approach to the study of economics and encourages them
to think as an economist. Economics uses models to understand and interpret
human behaviour. Students are exposed to a wide variety of contemporary
economic issues and will be taught to analyse problems, as well as evaluate
potential solutions to those problems.
Students do not have to have studied Economics previously to take the
course, however it must be mentioned that Economics is a demanding course. For
this reason, certain academic requirements need to be met. They need to score
an average of grade B at GCSE. We would recommend that students have at
least a grade B in English and Mathematics at GCSE before attempting Economics
at A Level.
Economics is the ideal mixer subject at Sixth Form level. It combines
well with all other subjects. It provides the foundation for the study of
Economics, Business Studies, Accountancy and Law but an understanding of
Economics is likely to prove useful in almost any industry from Hotel
Management or Engineering to product design or the fashion industry.