Economics

Course summary

Economics is the study of how society manages the challenge of scarcity. We have infinite wants and needs but only finite resources. What should we make and who should get what? Economics lies behind many of the headlines that we read every day; it is clearly a significant factor in the worlds of politics, business and global development. It considers key issues such as poverty and environmental damage. The study of Economics also helps students develop their skills of analysing and solving problems. It is an engaging discipline which helps students develop their ability to reason and develop arguments.