Economics

Course summary

Economics is a social science involving the study of how society tackles the age-old problem of infinite demands and limited resources. As a result, everyone in society has to choose how best to allocate their resources most efficiently. Most of these choices involve a trade-off, something individuals, firms and the government face daily. Economics is at the heart of the way countries are managed and wealth is created. Economics A Level helps girls understand current issues, such as China’s growth and poverty in developing countries, and encourages them to think independently in a rational and methodical way.