Economics

Queen Elizabeth Grammar School Penrith

01768864621

Ullswater Road, Penrith, CA11 7EG

Course summary

Why study Economics? Studying economics will help you develop transferable skills that will prepare you for studying at university or moving into the world of work. These include skills in data interpretation and essay writing. You will also develop commercial awareness. Suitable higher education courses include economics degrees or degrees in applied economics such as environmental economics, labour economics, public sector economics or monetary economics. You might choose to study business economics, international business or a business and management degree. Economics students can follow a wide range of careers in industry, commerce, finance and the civil service. You might choose a career in banking, sales, product management or general management. Features of the course: Markets, consumers and firms - In this theme, students explore the way in which consumers make choices and entrepreneurs create desirable products. The wider economic environment - This theme explores how businesses can become more competitive. It introduces students to the wider international and economic environment in which businesses operate. The global economy - This theme builds on the content of theme 2 and continues its focus on the international economic and business environment. Issues such as globalisation and the impact of emerging economies are studied. Making markets work - This theme considers degrees of competition within markets and then encourages students to apply their understanding to how governments may improve the functioning of markets and the economy.