Economics
Backwell School - North Somerset
01275463371
Station Road, Backwell, Bristol, BS48 3BX
Course summary

Do you want to understand how the world really works? Then Economics is the subject for you. Economists face one central dilemma: the needs and desires of humans are near limitless whilst the resources available to them are finite. This means that humans must make choices about their consumption. Economics is the study of these choices: What should we produce? How should we produce it? For whom should it be produced? Economics is the perfect subject for those with an interest in current affairs. You’ll learn economic theory at micro and macro levels that will give you insights into individual and social behaviour. It is impossible to understand global events without a grasp of economics. You’ll learn why countries lurch between booms and busts; why the global economy collapsed in 2008; how prices in markets determine the supply of and demand for products; how the corona virus pandemic has affected global markets. Economics is the perfect subject for humanities students wishing to demonstrate and maintain their maths skills and for maths and science students that wish to develop their essay writing skills. You’ll be required to analyse and interpret data, but also to present logical, coherent arguments concerning economic policy at an individual and governmental level. You will leave the course a more rounded, worldly person, with a deep understanding of human behaviour in a world of scarcity.

Entry requirements

- GCSE grade 5 in Mathematics and grade 5 in English. - Five GCSEs at grade 4 - 9 including English Language.

How you'll be assessed

Paper 1: Markets and Market Failure 33.3% Paper 2: The National and International Economy 33.3% Paper 3: Economic Principles and Issues 33.3%

School Info

About Education Provider

RegionSouth West
Local AuthorityNorth Somerset
Ofsted RatingGood
Gender TypeCo-Educational
AddressStation Road, Backwell, Bristol, BS48 3BX