Economics

Why Study Economics?

Economics is a lively and vibrant subject that aims to explain how we make the most efficient and equitable use of the resources available to us in order to satisfy the wants and needs of individuals and society.  Much of what we read and hear in the news has an economic dimension.  Government spending cuts, renewable resources, interest rates, unemployment, inflation and Europe all have a bearing on decisions made by producers and consumers.  Economics investigates and explains the rationale and consequences of decisions made by these economic agents.  A picture evolves of an economic world open to interpretation, argument and ultimately resolution of issues that influence our everyday lives.

Economics encourages students to become problem solvers and decision makers, as well as to question alternatives and make judgements on possible solutions to the problems faced and decisions made.  Skills are developed which are fundamental to successful progress in whichever walk of life is chosen.

Economics has unique relevance to today’s world.  It gives a body of knowledge and relevant skills that will be of benefit in the world of work and society in general.  It is a subject that has immediate practical impact in explaining the world around us.

Which specification is followed?

Economics is studied at A-level only.  We follow the AQA specification which has modules of work on Markets and Market Failure, the National Economy, Business Economics and the National and International economy

Workshops, Conferences and Visits

Support is provided on an individual basis according to need and supplemented by external revision workshops, relevant guest speakers and external visits.

The group will visit the Bank of England and Stock Exchange and attend lectures on business practice and economic environment at Disneyland Paris, as well as attending revision days run by the Tutor2u organisation

Degree and career choices

Economics is a suitable foundation for any career path as it essentially combines well with Science and Arts subjects in equal measure.  It is a body of knowledge that is useful and applicable can be applied whatever career path is chosen.  The majority of        A-level Economics students continue to study the subject at degree level and attend Russell group universities.