The aim of Economics is to understand the world around us and to provide students with tools to interpret society’s decisions. The course equips students with the literary and numerical skills to collect empirical evidence about how the economy is performing, and to make judgments on policy. The course offers a broad, rigorous choice for students with an innate intellectual curiosity. The basic question Economics seeks to answer is how resources should be allocated, arising from the problem of scarcity. The course seeks to answer questions such as: ‘Why does the price of crude oil rise when an oil pipeline is damaged?’ ‘Is measuring ‘economic development’ more important than GDP?’ and ‘How should the Government intervene in the market to prevent air pollution?’ Standard Level and Higher Level students of Economics are presented with a common syllabus, with a Higher Level extension in some topics.
There are no specific entry requirements, though enthusiasm for the subject, and a curiosity for what goes on in the world are highly desirable. There will be essays and mathematical problems throughout the course, so some confidence with English and numeracy is helpful.
Both Standard Level and Higher Level complete three Internal Assessments worth 30% of the final grade for SL and 20% for HL. Higher Level three papers: Paper 1: Extended response 75 minutes worth 20% of final grade. Paper 2: Data response 1 hour 45 minutes 30% of final grade. Paper 3: Policy response 1 hour 45 minutes worth 30% of final grade.
About Education Provider
| Region | North West |
| Local Authority | Lancashire |
| Ofsted Rating | |
| Gender Type | Co-Educational |
| ISI Report | View Report |
| Boarding Fee | £21,795 - £41,970 |
| Sixth Form Fee | £13,515 - £16,440 |
| Address | Broadway, Fleetwood, FY7 8JW |
The aim of Economics is to understand the world around us and to provide students with tools to interpret society’s decisions. The course equips students with the literary and numerical skills to collect empirical evidence about how the economy is performing, and to make judgments on policy. The course offers a broad, rigorous choice for students with an innate intellectual curiosity. The basic question Economics seeks to answer is how resources should be allocated, arising from the problem of scarcity. The course seeks to answer questions such as: ‘Why does the price of crude oil rise when an oil pipeline is damaged?’ ‘Is measuring ‘economic development’ more important than GDP?’ and ‘How should the Government intervene in the market to prevent air pollution?’ Standard Level and Higher Level students of Economics are presented with a common syllabus, with a Higher Level extension in some topics.
There are no specific entry requirements, though enthusiasm for the subject, and a curiosity for what goes on in the world are highly desirable. There will be essays and mathematical problems throughout the course, so some confidence with English and numeracy is helpful.
Both Standard Level and Higher Level complete three Internal Assessments worth 30% of the final grade for SL and 20% for HL. Higher Level three papers: Paper 1: Extended response 75 minutes worth 20% of final grade. Paper 2: Data response 1 hour 45 minutes 30% of final grade. Paper 3: Policy response 1 hour 45 minutes worth 30% of final grade.