Economics
“An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.”
Subject Specific Entry Criteria
- Grade 6 in English Language and Maths
Exam Board
Units Studied
- Microeconomics – the study of individual and business decisions regarding the allocation of resources and prices of goods and services
- Macroeconomics – the study of the decisions of countries and governments
Course Information
The course will explore how firms, individuals and governments allocate resources to ensure markets run efficiently. For example, understanding fluctuations in the price of oil and how this impacts upon firms and consumers. The course also looks at fiscal, monetary and supply-side policies, for example, how changes in the Bank of England’s interest rate can impact the Government’s macroeconomic objectives.
Possible Career Paths
Economist, Accountancy, Journalism, Business Management Consultancy, Business Analyst.
Extra Curricular
- Young Economist of the Year Competition
- Marshall Society Essay Competition