Economics

Course summary

In Economics, students will study Micro (the individual and the individual firm) and macroeconomics (the economy as a whole, globalisation, governments and multinationals). Economic issues are central to the understanding of the real world. It gives a great insight into current affairs in the UK and abroad. Studying Economics will give students the opportunity to view what is going on in the world we live in today and an understanding of why it is happening. Phrases such as Government spending, economic slowdown, fiscal policy, national debt and the ever-increasing budget deficit will all become clear. Policies adopted by the Government and the understanding of the chancellor's budget will all form the basis of learning. Students may understand why government grants for tuition fees for university courses starting in September 2016 have now become loans. Studying this subject will give students the opportunity to look at dramatic events of the Financial Crisis, involving bankrupt banks, increasing public debts, property price collapses and a sharp increase in both poverty and inequality. Studying Economics at A Level can lead to degree courses on Philosophy, Politics and Economics (PPE), Business Management and also Law. It can also lead to a career in Finance or Management.