Economics

Course summary

Economics provides a fascinating insight into some of the most important forces that are transforming our ever-changing world. As an intellectually demanding subject, it cultivates a wide range of skills and prepares you for a large selection of careers and courses, as well as giving you an important framework for understanding current affairs. The A Level course looks at a range of questions and concepts, and will leave students with a broad understanding of the key issues. In microeconomics, students will start with simple analyses of markets, before advancing to externalities and public goods, and then on to studying the organisation of firms and the structure of markets. Students will also study the key subjects in contemporary macroeconomics, starting with aggregate supply and demand, and moving on from this to explore monetary and fiscal policy in the context of the UK today. In Year 13, students will also study globalisation, international trade, and the difficulties faced by developing economies.