Economics affects the lives of everyone and a broad understanding of how the global and local economy operates is important if we are to make sensible financial judgements and try to make sense of the political decisions that affect our everyday lives.
Pupils are given the tools to understand the world around them, from the actions of governments to the decisions people make in the supermarket. Whatever the problem, Economics plays an important part in understanding the issues that shape our everyday lives. Their studies will help pupils recognise the similarities and differences in the economic problems that confront individual consumers, workers, companies and countries, whatever their living standards.
No prior subject knowledge is required but a good understanding of Mathematics and the ability to think and write clearly is important.
The course content covers concepts which affect individuals, organisations, societies, regions, nations and the global economy. The course will cover: