Economics is the study of how society copes with the 'economic problem' - the existence of unlimited wants and scarce resources. How do consumers, firms and governments make decisions regarding resource allocation? As a society, how do we decide who gets what? Should we prioritise tackling inflation, unemployment or growth? Should our railways be re-nationalised? Microeconomics is the study of individual markets. It explores how supply and demand interact to determine the price of goods and services, and the quantity produced and consumed. Macroeconomics focuses on broader economic issues that apply at a national and international level. Students will learn about concepts such as economic growth, recession, unemployment, inflation, exchange rates and the distribution of income. A keen interest in current affairs will benefit students who wish to take A-Level Economics.
In order to proceed automatically to the Sixth Form, a student must achieve a minimum of six (1)GCSEs at grade 6/B, and in most cases, a grade 7/A or higher in the subjects chosen to study at A-Level. A-level mathematics and Further Mathematics have higher requirements. Subjects that are new at A-Level will have requirements from (1)GCSEs that assess appropriate skills, e.g. Economics requires a grade 7 or higher in both English Language and Mathematics. Grade 7 at both (1)GCSE Mathematics and English Language. Please note many degree-level Economics courses have A-Level Mathematics as an entry requirement. Potential candidates for undergraduate Economics at Oxbridge and LSE should seriously consider A-Level Further Mathematics.
About Education Provider
Region | London |
Local Authority | Harrow |
Ofsted Rating | |
Gender Type | Co-Educational |
ISI Report | View Report |
Boarding Fee | Unknown |
Sixth Form Fee | £22,896 |
Address | Middle Road, Harrow-on-the-Hill, HA2 0HN |
Economics is the study of how society copes with the 'economic problem' - the existence of unlimited wants and scarce resources. How do consumers, firms and governments make decisions regarding resource allocation? As a society, how do we decide who gets what? Should we prioritise tackling inflation, unemployment or growth? Should our railways be re-nationalised? Microeconomics is the study of individual markets. It explores how supply and demand interact to determine the price of goods and services, and the quantity produced and consumed. Macroeconomics focuses on broader economic issues that apply at a national and international level. Students will learn about concepts such as economic growth, recession, unemployment, inflation, exchange rates and the distribution of income. A keen interest in current affairs will benefit students who wish to take A-Level Economics.
In order to proceed automatically to the Sixth Form, a student must achieve a minimum of six (1)GCSEs at grade 6/B, and in most cases, a grade 7/A or higher in the subjects chosen to study at A-Level. A-level mathematics and Further Mathematics have higher requirements. Subjects that are new at A-Level will have requirements from (1)GCSEs that assess appropriate skills, e.g. Economics requires a grade 7 or higher in both English Language and Mathematics. Grade 7 at both (1)GCSE Mathematics and English Language. Please note many degree-level Economics courses have A-Level Mathematics as an entry requirement. Potential candidates for undergraduate Economics at Oxbridge and LSE should seriously consider A-Level Further Mathematics.