Economics

Course summary

A Level Economics consists of 2 broad units which gives students a strong grounding in Microeconomic and Macroeconomic theory. In Micro learners study about the workings of the free market, market failure as well as the pros and cons of government intervention. In Macro, broadly speaking, students learn about how the economy works both at a national and global level. A level Economics requires logical thinking, and a command of Maths to good GCSE level. It’s also a subject which requires social awareness and which develops the ability to debate, both in class and on paper. There’s often no right or wrong answer when it comes to Macroeconomics, so you need to be able to present arguments clearly, supported by relevant examples. You can’t rely entirely on your textbook. Economics is the life-blood of political debate, and you need to keep up to date, following news on line and in print to pick up on economic, political, business and social issues.