Economics

Course summary

The forces of economics shape your life now and in the future. What you pay for your shopping, the cost of your house and the availability of health care are all determined, in part, by economics. You will study current economic issues, problems and institutions that affect everyday life and the ideas behind these. You will develop your ability to understand, analyse, evaluate and solve problems. THE FUTURE: Economics graduates do not have to choose a financial occupation, in fact, a degree in Economics can help a graduate find work in almost any job sector: Economist for Government/Industry, Agricultural Economist, Financial Risk Analyst, Management Consultant, Accountant, Statistician, and Journalist. YEAR 12: Introduction to markets and market failure • Nature of economics • How markets work and fail • Government intervention The UK Economy performance and policies • Measures of economic performance • Economic growth • Macroeconomic objectives and policy YEAR 13: Business Behaviour and the labour market • Revenues, costs and profit • Market structures • Government intervention A global perspective • Poverty and inequality • Emerging and developing economies • Role of the state in the macroeconomy