Economics

Economics is taught in the Sixth Form

Ever wonder why food costs rise when gas prices spike? Ever question why UK politicians worry when other countries talk of going bankrupt? Ever wonder why you can’t get a good interest rate on your savings account? All of these phenomena can be explained through economics.

Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. Since economics is a driving force of human interaction, studying it often reveals why people and governments behave in particular ways.

                                                                               

People who study economics are called economists. Economists seek to answer important questions about how people, industries, and countries can maximise their productivity, create wealth, and maintain financial stability. Because the study of economics encompasses many factors that interact in complex ways, economists have different theories as to how people and governments should behave within markets.

(http://www.whatiseconomics.org/)

This is an excellent subject for the numerate, literate and able student. It combines well with most subjects, although we would not generally advise students to take both Economics and Business Studies. Economics can form the basis of many different university courses or careers. It is a qualification respected by university admissions tutors as an indication of analytical ability. It can be a complement to other A levels in the Sciences, Social Sciences or Humanities, and may lead to degree courses in any discipline.   

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