Economics

Course summary

Economics is all around us, present in almost every aspect of our lives. A level Economics gives students an understanding of the world we live in and its inner workings. Students will study a range of topics, from what determines the price of goods and services, to why the average standards of living vary so widely within and between countries. Economics has two main branches: microeconomics and macroeconomics. Microeconomics is a branch of economics that studies the behaviour of individuals and businesses and how decisions are made based on the allocation of limited resources.