Economics

Course summary

Economics has become high profile. The credit crunch, bankers’ bonuses and, of course, Brexit and increased inflation, along with the resulting cost of living crisis are just three topics rarely out of the news in recent years, throwing light on the importance of and divisions within the discipline. The specification we will be following will interest and inspire you. Discussion and news-reading are essential and integral to our approach. Every effort is made to ensure pupils have a sound theoretical background to enable them to analyse current issues now and throughout their lives. Economists study the way in which human effort and material resources are allocated between many different possible uses. In our course we take a critical look at how this is achieved in the free market system. We also study the problems of poorer countries in the Economic Development option. Economics requires both numeracy and literacy and develops analytical skills. The course aims to: • stimulate your interest in how economies work - at personal, national and global levels • give you an understanding of economic ideas and their application to the real world • help you to develop the essential skills toolkit of an economist, enabling you to apply your knowledge to economic issues and problems and to interpret the economic evidence supporting economic arguments.