Course information
Economics
Royal Russell School - Croydon
02086574433
Coombe Lane, Croydon, CR9 5BX
Course summary

Economics tries to answer many everyday questions: Why do you have to pay tuition fees for university? Why did Apple launch their own music streaming service? Why do footballers earn more than firefighters? Will the Conservative government's benefit reforms succeed in getting people back to work? Why is Singapore more economically developed than Nigeria? Basic economic concepts can be used to analyse a wide range of issues and the student must have an interest in current UK and world economic issues. Economics complements most subjects such as Mathematics, Languages, Geography, Politics and History. It would suit students who are more comfortable with a theory-based, analytical subject. The student must have an interest in current UK and world economic issues. Economics enhances: • Numeracy - understanding economics requires a reasonable level of numeracy to interpret data and graphs • Analytical skills - a good economist will analyse economic data, interpret graphs and tables, identify trends and explain these using economic theory • Communication - good economists will be able to think logically and write good-quality English • Independent research - the ability to discuss and give opinions on current UK and international news stories. Economics provides invaluable insight into how the mechanics of the UK and other economies operate. Most areas of finance, accountancy, general management and consultancy require the study of Economics at some point. Working as an economist for the Government, Bank of England or investment banks is another possible career opportunity. Universities tend to expect students applying to read Economics to have an A level or equivalent qualification in Mathematics.

Entry requirements

Our standard entry requirements are 36 GCSE points from 6 subjects, including English and Maths, along with good school reports and attendance records. Alternative qualifications will be considered on a case-by-case basis. Pupils wishing to start on 4 A levels need 5 subjects at grade 8 including each subject they will be studying. 7 in Maths, 6 in English Language

How you'll be assessed

• In Theme 1, you will learn about how markets work and what happens when they do not work so well • In Theme 2, you will learn about how the economy works in booms and recessions • In Theme 3, you will learn how businesses compete and set prices, how the job market works and how competition can be encouraged • In Theme 4, you will learn about globalisation and international trade, how economies develop, financial markets and public finances. Paper 1 • Markets and Business Behaviour • A Written exam featuring multiple choice, short answer questions, data response and extended open-response. Paper 1 will be assessed from Themes 1 and 3. • 120 minutes • 35% of A Level Paper 2 • The National and Global Economy • A Written exam featuring multiple choice, short answer questions, data response and extended open-response. Paper 2 will be assessed from themes 2 and 4. • 120 minutes • 35% of A Level Paper 3 • Microeconomics and Macroeconomics • A Data response to an extended open-response question. Paper 3 will assess across all 4 themes. • Duration of 120 minutes • 30% of A Level

School Info

About Education Provider

RegionLondon
Local AuthorityCroydon
Ofsted Rating
Gender TypeCo-Educational
ISI ReportView Report
Boarding Fee£44,592
Sixth Form Fee£13,332 - £22,560
AddressCoombe Lane, Croydon, CR9 5BX