Economics is a subject that is important to all A-level subjects. It encourages the development of an agile and versatile mind. It enables students with different strengths to enjoy new avenues of thought and knowledge. It facilitates exciting ways of learning and is essentially a stepping stone to further study for a variety of subjects at University.
Lessons are fun and challenging; often fiery and topical and always full of character and discussion. You will develop an understanding of economic concepts and theories through the study of current economic matters, problems and institutions.
You will examine issues like competitive markets and uncover the reasons why some markets fail. You will expand on your existing knowledge, with further use of complex microeconomic models, such as monopoly and oligopoly. You will look at the decisions that individual governments make about the domestic economy. For example, the level of inflation and employment and how to tackle environmental concerns. This can then be extended into other concepts like globalization, development economics and international trade.
A-level Economics creates the knowledge and skills needed to understand and analyse data, think critically about issues and make informed decisions.
There are many websites where you can discover more about the subject; for example:
Why study economics?
Why study business or economics A level?