Economics

Course summary

Economics is the study of choice. Economics enables students to understand how the material resources of an individual, a community, a country or the world are managed. It enables us to address questions such as ‘when can we expect another recession?’ and ‘why should students pay university tuition fees?’ This specification contributes to that understanding by enabling students to develop an appreciation of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life. Type and Nature of the Work Involved During the course students will: • Acquire knowledge and understanding of microeconomics (individual markets) and macroeconomics (the economy as a whole) • Explore economic issues arising from a range of situations, drawing on data from local, national and international sources • Develop a critical approach to economic models and methods of enquiry in order to evaluate economic arguments and make informed judgements Future Prospects An A Level in Economics demonstrates an ability to analyze and evaluate both information and data with a particular connection with a wide range of economic and current news. Many students completing A Level Economics go on to study an Economics or Business related degree. Possible careers choices that many A Level Economics students continue into are in investment banking, accountancy, the financial sector or civil service.