Economics

Course summary

Economics is the study of how society operates in terms of what is produced, what is consumed, and how income is distributed. It also looks at what determines individual or household decision-making in terms of spending, saving, and work. Economics has had a lot of coverage in the media recently due to the current cost of living crisis, the recent minibudget, Brexit, and of course the economic implications of the Covid pandemic! If you are interested in such huge issues and how they impact all of our lives, then this is the course for you. Areas covered include: • How markets work, unemployment and inflation, • Why do we have recessions, • Development economics, • Behavioural economics. Economics is a hugely versatile qualification and can be used to go into a range of careers. These include finance (banking, stockbroking, etc.), business management, government policy, law, journalism and teaching. If you have an interest in current affairs, then you should find the topics covered hugely engaging. Economics is a very well-respected subject as it shows that you have a range of sought-after skills such as data-handling, logical problem-solving, the ability to write in an analytical and evaluative manner, and a good understanding of global problems and potential solutions.