This course enables students to use economic models to help them understand the world around them. Students will also use data to help them analyse markets and economies, and how governments try to influence both of these through policy setting. Students will be exposed to aspects of economic history and develop an understanding of economic issues. Key areas of content The operation of markets and market failure Individuals, firms, markets and market failure The national economy in a global context The national and international economy Paper 1 Markets & Markets Failure Paper 2 National & International Economy Paper 3 Economic Principles and Issues