Economics

Course summary

The Economics A-level has the traditional split between Micro and Macro Economics. The microeconomics unit will look at how markets operate, how decisions are made, how prices are determined, problems in markets and how governments respond to these. Students will consider issues such as who should pay for pollution, what happens when a monopoly develops, how wages are determined and should the government keep, raise or abolish the minimum wage. In macroeconomics, students learn about the national economy and how we measure the performance of the economy. Key performance indicators including GDP, Unemployment, Inflation, Trade and Debt will be used to help students analyze and compare the performance of the UK against other economies. Government policies used to control the economy are investigated along with issues such as the impact of globalization. Economics fits with many subject combinations including; IT, Computer Science, History, Geography, Mathematics, Further Mathematics and Psychology. However, we have had pure science students continue with Economics and use it to bring width to their University applications.