Economics

Course summary

Economics provides a framework to help understand how resources are allocated and who benefits from what is produced. As well as the basic theory the AQA syllabus provides opportunities to study a wide variety of current issues. The syllabus is split into two main sections, the first section introduces students to microeconomic issues and the second section covers mainly macroeconomic issues. However, students will appreciate that microeconomics and macroeconomics are not entirely distinct areas of study and will utilise models from both areas to explaining economic issues.