Economics

Why Economics?

Economics affects people on a daily basis, from the choice of products that we buy, the prices we pay for goods, and the way in which we trade and interact with other countries. Our Economics curriculum enables students to think critically about the world around them and the decisions made by policymakers, helping to develop both their analytical and evaluative skills. The course enables students to develop their ability to make informed judgements and to communicate their findings effectively. Students will again a greater insight into the economic changes seen in the area in which they live over the past 50 years, including the collapse of the industry and its impacts on the local area and how employment opportunities have changed since. Economics is seen on a daily basis by students without often realising it, once they start studying, they begin to review their own choices and opportunities.

What will I study?

Year 12 topics

  • Individuals, firms, markets & market failure
  • How individuals make economic decisions
  • Prices in competitive markets
  • Business economics
  • Distribution of income and wealth: poverty and inequality
  • Government intervention in markets

 

Macroeconomics

  • Developments in the national and international economy
  • Government policies
  • Economic growth and development

 

Year 13 topics develop these themes to a higher level including

  • Behavioural economics
  • Banking and financial markets
  • The challenges of globalisation.

 

What are the entry requirements?

Please check this subject table for full details of our A Level entry requirements.