To study how the modern world works. Explaining how a country can become richer, through a balance of private enterprise and government involvement. Looking at the advantages and disadvantages of free markets - such as pollution and inequality. Also studying how a government attempts to tackle those problems whilst also encouraging trade and employment and controlling inflation. Economics is the study of how the modern world works. How is the price of oil arrived at and what impact does it have on businesses and the economy? Will you be able to afford a house? Why is education and health care ‘free’ in Britain? Why are cigarettes, alcohol and petrol taxed so heavily? What can be done about poverty, both in the UK and around the world? Do state benefits make people lazy? Should you be setting money aside for a pension? What can be done about climate change? Will Britain prosper outside of the EU? These are all economic questions. Economics has an excellent reputation as a subject because students must be both literate and numerate. You will be taught how to interpret information from a graph or table, weigh up arguments and explain different points of view. Exams will require you to answer multiple choice questions, respond thoughtfully to data given to you and write essays.
- Five GCSEs at grade 4 or above; including English and/or maths. - National data suggests successful students will have achieved an average points score of 5.55 or more.
About Education Provider
| Region | West Midlands |
| Local Authority | Staffordshire |
| Ofsted Rating | Good |
| Gender Type | Co-Educational |
| Address | Saredon Road, Cheslyn Hay, Walsall, WS6 7JQ |
To study how the modern world works. Explaining how a country can become richer, through a balance of private enterprise and government involvement. Looking at the advantages and disadvantages of free markets - such as pollution and inequality. Also studying how a government attempts to tackle those problems whilst also encouraging trade and employment and controlling inflation. Economics is the study of how the modern world works. How is the price of oil arrived at and what impact does it have on businesses and the economy? Will you be able to afford a house? Why is education and health care ‘free’ in Britain? Why are cigarettes, alcohol and petrol taxed so heavily? What can be done about poverty, both in the UK and around the world? Do state benefits make people lazy? Should you be setting money aside for a pension? What can be done about climate change? Will Britain prosper outside of the EU? These are all economic questions. Economics has an excellent reputation as a subject because students must be both literate and numerate. You will be taught how to interpret information from a graph or table, weigh up arguments and explain different points of view. Exams will require you to answer multiple choice questions, respond thoughtfully to data given to you and write essays.
- Five GCSEs at grade 4 or above; including English and/or maths. - National data suggests successful students will have achieved an average points score of 5.55 or more.