Why Study A-Level Economics?
Economics is a fascinating subject to study, as it helps you to look more deeply into the world around you – how and why it functions as it does. It can also give you new perspectives on some of the most pressing and challenging problems facing the world today. Economics does not revolve solely around wealth creation, or peaks and troughs in financial money markets and their effects on business performance.
Economic decisions and activities impact on many different areas of society and on our own everyday lives – interest rate fluctuations, personal taxation, unemployment, labour force migration and football transfer prices, to name but a few. In a world where there is increasing debate about scarcity of resources, economics plays a key role in that it is fundamentally concerned with how to allocate those resources most efficiently.
We follow current affairs very closely and we recommend that our students are proactive on that account i.e. via the BBC Economy News web site.
Economics is taught at the Crypt by Miss Gardner and Mrs Kirkpatrick.
We follow the EDEXCEL GCE Economics specification which aims to:
develop an interest in, and enthusiasm for, the study of economic
help students appreciate how economics contributes to an understanding
of the wider economic and social environment develop an understanding of
a range of concepts and the ability to use them in a variety of
different contexts help students to think as economists and use an
enquiring, critical and thoughtful approach to the study of economics
develop in students the skills, qualities and attitudes which will equip
them for the challenges, opportunities and responsibilities of adult
and working life.