Studying economics will give you a comprehensive understanding of both microeconomics and macroeconomics. Starting with microeconomics, focus is on the effects of individual decisions. Topics covered include economic problems and the ways in which economists think and work, how demand and supply interact to allocate resources, how businesses aim to maximise profit but why consumers may not behave rationally and the impact that this has. We investigate market failure and how governments may intervene. In macroeconomics students will be introduced to the aggregate demand/aggregate supply model so that they can use it to analyse changes within the economic environment. Students will examine ways of improving an economy’s performance, and will consider the different approaches that may be used by policymakers to address macroeconomic issues and be able to identify the criteria for success. Students will have knowledge of the UK economy in the last 10 years and will consider the significance of globalisation, international trade, the balance of payments and exchange rates. They will examine public finance, macroeconomic policies and the role of the financial sector in a global context. Students will consider the factors influencing the growth and development of emerging and developing countries.
The standard entry requirement for students entering Sixth Form is 6 GCSEs at grade 5 or above with a grade 7 or above in the subjects they wish to pursue at A Level. Students studying subjects such as Psychology and Business Studies that have not been studied previously, should show proficiency in similar subjects. Entry is at the discretion of the Headmaster. No prior knowledge of Economics is needed. If you are already studying GCSE Economics or Business Studies, you will revisit some of the learning and build on it. You do need grade 6 or above in GCSE/iGCSE Mathematics. It helps if you are interested in current affairs and can think clearly and logically. You will need a good standard of English and reasonable numeracy skills.
Three externally assessed exam papers, each one is two hours long: • Markets and Business Behaviour • The National and Global Economy • Microeconomics and Macroeconomics The papers will include short response questions, data response and extended open questions.
About Education Provider
| Region | South West |
| Local Authority | Dorset |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | View Report |
| Boarding Fee | Day £7,497 - £18,186; Boarding £20,184 - £32,790 |
| Sixth Form Fee | Unknown |
| Address | Sherborne, DT9 6EN |
Studying economics will give you a comprehensive understanding of both microeconomics and macroeconomics. Starting with microeconomics, focus is on the effects of individual decisions. Topics covered include economic problems and the ways in which economists think and work, how demand and supply interact to allocate resources, how businesses aim to maximise profit but why consumers may not behave rationally and the impact that this has. We investigate market failure and how governments may intervene. In macroeconomics students will be introduced to the aggregate demand/aggregate supply model so that they can use it to analyse changes within the economic environment. Students will examine ways of improving an economy’s performance, and will consider the different approaches that may be used by policymakers to address macroeconomic issues and be able to identify the criteria for success. Students will have knowledge of the UK economy in the last 10 years and will consider the significance of globalisation, international trade, the balance of payments and exchange rates. They will examine public finance, macroeconomic policies and the role of the financial sector in a global context. Students will consider the factors influencing the growth and development of emerging and developing countries.
The standard entry requirement for students entering Sixth Form is 6 GCSEs at grade 5 or above with a grade 7 or above in the subjects they wish to pursue at A Level. Students studying subjects such as Psychology and Business Studies that have not been studied previously, should show proficiency in similar subjects. Entry is at the discretion of the Headmaster. No prior knowledge of Economics is needed. If you are already studying GCSE Economics or Business Studies, you will revisit some of the learning and build on it. You do need grade 6 or above in GCSE/iGCSE Mathematics. It helps if you are interested in current affairs and can think clearly and logically. You will need a good standard of English and reasonable numeracy skills.
Three externally assessed exam papers, each one is two hours long: • Markets and Business Behaviour • The National and Global Economy • Microeconomics and Macroeconomics The papers will include short response questions, data response and extended open questions.