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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.