Economics

Course summary

A-Level Economics helps students understand how individuals, firms and governments make decisions. Key areas include microeconomics (markets, competition, market failure), macroeconomics (growth, inflation, unemployment, trade), and real-world economic issues. Students explore policies used by governments and central banks and examine how economic choices affect society and the global economy. You will enjoy this course if you have a strong interest in current affairs and the economy, curiosity about how prices, markets and governments work, interest in data, trends and real-world economic issues and a desire to understand why economies grow, fail or succeed. The key skills you will develop through studying Economics include the ability to analyse reading and extended writing, interpret graphs and data, forming reasoned arguments, applying theory to real contexts, and the ability to critically evaluate policies and decisions. The possible career pathways a qualification in Business Studies may enable a student to pursue include careers in Economics, Finance and banking, Accounting, Government and public policy, Data Analysis, Business strategy, and International Development. The other subjects that Business Studies complements include Mathematics, Business, Geography, Sociology.