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Economics

Economics is a broad social science concerning choice.

More 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.

Course Requirements

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.

Opportunities

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.

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