Economics
Reigate College - Surrey
01737221118
Castlefield Road, Reigate, RH2 0SD
Course summary

Economics looks at how we can solve the world’s desire for unlimited needs and wants, with the scarce resources available. The A Level Economics course explores how governments, firms and individuals tackle this problem. Economics will give students the analytical and evaluative skills required to deal with a range of questions and issues that affect the world today. Economics can be a useful subject for any student looking to improve their analytical and communication skills; its mix of essay writing and mathematical analysis develops broad-ranging transferable skills. Microeconomics Microeconomics examines the impact of decisions made by individuals and firms. This unit helps students understand the economic theory of supply and demand and how to apply this law to different markets. It allows students to evaluate how well different economic theories explain our observation of economic agents such as individuals and businesses in the real world. It deals with issues such as environmental pollution and overconsumption of fast food. The merits and drawbacks of government intervention are also discussed. Macroeconomics Macroeconomics allows us to understand how the economy functions on both a domestic and global level. It encourages students to adopt a critical approach to their study of government policy through the development of their understanding of the limitations and conflicts, that are caused by decisions regarding taxation and spending. There is also a study of the application of policy instruments such as interest rates and quantitative easing. Themes in Economics Economics is at the heart of a number of key issues that have faced our society and will confront our future, such as: What will become of the UK? What happens to life after Brexit? How will the economy recover after Coronavirus? Why is the government in so much debt? Throughout the course, students will apply economic theory to a variety of issues, developing skills that will allow them to form their own conclusions about what is best for society. Economics looks at the causes of and solutions to many of the issues in the news, such as the rising cost of living, unemployment and environmental problems, whereas Business Studies covers the practicalities of running a business.

Entry requirements

- Maths at Grade 5 and English Language at Grade 5 - All students need to have at least five GCSEs at Grade 4 or above (and a satisfactory school reference) in order to be accepted on an A Level/BTEC Level 3 Programme

How you'll be assessed

The course is 100% examination based; there is no coursework.

School Info

About Education Provider

RegionSouth East
Local AuthoritySurrey
Ofsted RatingGood
Gender TypeCo-Educational
AddressCastlefield Road, Reigate, RH2 0SD