Economics

Sixth Form: A Level Economics

The state of the nation’s economy is a particularly heated topic of debate. Some say that recovery can only be achieved by increasing public spending to stimulate the economy, while others believe in ‘belttightening austerity’. But which strategy is more credible, and why? Economics tackles these key questions. In macroeconomics we concern ourselves with understanding the large-scale economic factors affecting countries across the globe, including interest rates and productivity. In microeconomics, we look at the actions and decisions of individuals and groups including questioning how prices are set, and why.

Economics helps pupils to develop clear and logical thinking and an analytical approach to problem-solving, as well as to look for the wider implications of any economic event. The ability to discuss topics and write essays is important. No prior knowledge of Economics is assumed but a good grade in Mathematics GCSE is desirable.