Economics

Course summary

In studying Economics, you will explore the impact of choice on others and develop an economic way of thinking to help you make better-informed choices. Economics relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms and what happens when those structures fail. The A-level course covers individual markets and business behaviour (micro) as well as macroeconomic performance and government policy (macro). Economics offers a rigorous academic and intellectual challenge. Success in Economics at A level requires high standards of numeracy and literacy: pupils will need to manipulate and interpret data presented in different forms whilst also writing essays in which they explain and analyse theories in depth and evaluate opposing arguments forming substantiated judgments. Economics goes well with many other A-level subjects because it combines mathematical and data-handling elements with the need to write essays. However, Mathematics A level is almost essential if you wish to study Economics further, at a degree level.