Economics

Course summary

Economics A-level is split into two areas. The first focuses on ‘microeconomic’ aspects where students investigate topics which explain petrol price rises, and how governments respond to problems in areas such as education and the NHS. The world of business economics is also addressed in which students examine issues such as cost, revenue and profit within a range of practical industries. Discussion covers ‘hot topics’ such as London’s congestion charge and the HS2 project. The second area is about ‘macroeconomic’ issues. This involves learning about key measures of national economic performance and the main objectives and instruments of UK economic policy. We examine the UK tax system and the implications of government spending plans and ‘austerity’ amongst much more. International trade, globalisation, global poverty and economic growth across the world – as well as the ramifications of Brexit – are some of the thought provoking issues covered.