Should Britain join the Euro? Do we need the NHS? What should we do about congestion and pollution? If you have an interest in finding out more about issues like these, then economics may well be the subject for you.
Economics is the study of how individuals, businesses and countries make choices about how to use their scarce resources effectively to satisfy people’s infinite wants and needs. It covers topics such as how people choose to spend their income, how firms decide the price of their products, how governments deal with inflation and international issues such as trade and development. As consumers and members of society, it is a subject that affects us all.
Economics is available only in the sixth form. You do not need to have studied economics previously to take the AS/A2 course but it is important that you have an interest in economic issues and a desire to explore why and how the study of economics contributes to an understanding of the modern world. Two of the particular skills which are needed are the ability to interpret and use data and the ability to write in a clear and effective way.
Helping you learn
Every student is an individual learner, with individual needs. We look at each student's personal strengths and weaknesses over the course of the term, and work with you to improve your overall performance. This is achieved by setting individual tasks for improvement in weekly assignments or by meeting with you one on one to provide individual targeted assistance. This gives you the opportunity to achieve the highest marks possible and develop a deeper, more meaningful understanding of economics.
In the classroom
In the classroom, we try to relate as much economic theory as possible to real life situations faced by the girls to unfolding world events. We actively use power-points to stimulate discussion, organise work in small groups wherever possible and use whiteboards installed around the classroom to create flow diagrams of key concepts, outline essays together, or to practise drawing theoretical diagrams. Students use ICT to research topics and prepare group or individual presentations on individual markets or economies in order to improve their research, analytical and presentation skills, all of which will benefit them in their future university studies or career.
Challenges further afield
There are other opportunities for you to experience different types of learning outside the classroom including participation in the Royal Economic Society Essay Competition. This year, we are developing a new "Economics in the News" newsletter, researched and prepared by our economics students at both AS and A2 level. In it we hope to dispel some of the common myths of economics and address hot topics in the news in terms that our student and teacher colleagues will find accessible.