Economics

Course summary

The course aims to assist you in appreciating the power of Economics as an important tool to analyse, explain and comment on the fascinating relationship between human behaviour, money and government. You will develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and policies that impact our lives. Economics assumes no previous knowledge of the subject. Everyone starts with a level playing field; a fresh start with an equal opportunity to excel. The only criteria are that you progress into the Sixth Form with enthusiasm and a desire for success. Although you will need to explain data in the form of tables and graphs there is little mathematical content in Economics. The intention is that the subject is accessible to all with a good GCSE pass in mathematics. If however, when choosing your A Levels you feel a degree in Economics could be an option, later on, you may want to consider combining Mathematics A Level with Economics. A number of the leading universities appear to expect students to have an A Level in Mathematics if they wish to apply for an Economics-related degree. For Cambridge and Warwick Further Mathematics is almost expected. Lessons should immediately attempt to draw on your experiences and use current real-world examples to illustrate economic concepts and economic theory. The subject is divided into two parts. Each week half of your lessons should focus on firms and consumers so you can develop an understanding of markets; what they are and how well they provide us with the things we want and need. The other half of your lessons should allow you to learn how governments use taxes and interest rates to provide jobs and prosperity. Independent learning is valued by the department and you will also have access to notes and resources used in lessons through the BGS virtual learning environment. Economics combines well with all subjects at A Level. Business, Politics and Mathematics seem obvious combinations but you could also consider Psychology as a Behavioural Economics is becoming an increasingly popular area for research. Economics can add breadth and balance for those of you who feel Arts, Science or Languages are where your strengths lie