Economics

Course summary

This course is equivalent to an A Level and is taken together with two other A Level subjects. This course is divided into two sections, microeconomics: the part of economics concerned with single factors and the effects of individual decisions, and macroeconomics, which focuses on the national and international economy. You will study the behaviour of individuals and firms, and will learn about how markets work and how they sometimes fail, requiring government intervention to put things right. Microeconomics Macroeconomics Labour markets Behavioural economics Development economics Financial markets and banking