Economics

Course summary

Economics is about how, as individuals and groups, we get the things we want to buy and the services we need and want. But economics isn’t just about money and it isn’t just about the decisions made by governments or big business. It’s about making choices – choices between different uses of limited resources – and most of the resources we need to use in our lives are limited in some way or another. • What impact would leaving the European Union have on the UK? • Should we pay to use a motorway? • Why is the government cutting public expenditure? • Why do interest rates matter? • Should students pay university tuition fees? • Why do Premier League footballers earn high wages? • What impact has immigration had on the UK in recent years? We aim to build up students’ understanding of the concepts, ideas, and theories that economists use to help understand how the economy operates. The emphasis is on using economic theory to understand relevant and topical issues. You will be expected to take an interest in current affairs, debate issues, and research economic problems. This is supported by our own YouTube Channel and the use of Twitter. Students are expected to work independently in addition to work done in class. Students are assessed on a regular basis and we also have a comprehensive range of support sessions and mentoring for when students need extra help.