Economics is helpful for understanding many of the important issues in the UK and world today. We ask a lot of questions:
- What are the functions of money and why is it so important?
- What happens when finite resources run out?
- Do exchange rate movements matter beyond your summer holiday?
- Do rising house prices really benefit the economy?
- Is immigration good or bad for the economy?
- Does inflation really matter?
- Why did the banks go bust and what can we learn from it?
There is no coursework and 20% of the marks are for mathematics.
Course content includes:
- How inflation is calculated and why it matters.
- Economic growth
- Price and output decisions of firms
- Competition policy and the effectiveness of government intervention
- The global economy – the past, the present, and the future
- Debt problem of developing and developed countries
- Strategies for promoting economic development
- The functions of the World Trade Organisation
You do not need to have studied Economics at GCSE in order to take an A level course in this subject.