Economics is a social science and is essentially all about scarcity and choice, helping to provide answers to how consumers, producers, and governments make difficult choices over how much to consume and how to allocate resources fairly and efficiently to gain maximum benefit for all. As well as finding out how consumers and firms make choices, you will also learn more about the economic factors affecting national and global decisions such as BREXIT. There is rarely a right or wrong answer in Economics, it is up to you to argue your point of view. It is therefore a subject that develops analysis and critical thinking skills and the ability to coherently use theory to evaluate competing arguments. Key Facts: - The course encourages you to develop an understanding of economic concepts and theories through a critical consideration of current economic issues. - The subject matter of the modules is of particular relevance in today’s dynamic global economy. You will develop a critical approach to various economic models and methods of inquiry, applying them to a range of present-day economic problems. - The ethical and social dimensions of Economics will be included – such as the strengths and weaknesses of the market economy, the relationship between rich and poor countries, the distribution of income and wealth within a particular society, and the quality of life between and within economies.