What is Economics?
Have you ever asked yourself these questions?
- How do we decide who gets what in the world?
- Why do some countries struggle while others excel?
- How do companies decide on what and how much to produce?
- Why do we have poor and rich areas of the country?
- Why do Governments have to make decisions that are unpopular?
- How is wealth created and transferred to different people?
- Are you able to see long term solutions to problems in Society?
Economics is a study of Human Behaviour. It aims to explain why people make the choices they make.
We, as humans have infinite wants, but have limited resources to fulfil those wants. It can help explain why people behave the way they do when faced with choices.
- It is a social science which incorporates maths and statistics as well as having connections with the physical sciences (biology, medicine and physics) and many other disciplines (politics, law, geography, psychology).
Why Study Economics?
It can prepare you for a variety of jobs including:
- Human Resources
What Will I Learn?
This course will appeal to those students who:
- Want to find out more about how countries work.
- Want to find out how Governments reach decisions about issues in their countries.
- Want to expand their knowledge of systems that exist in our world.
- Economics is a really useful ‘facilitating’ subject for University applications.
This course is assessed through external examination.
What Do I Need to Study Economics?
Economics is a social science which contains some elements of mathematical computation and analysis. A good GCSE in Maths is important. Students should posses a lively and enquiring mind, an interest in the world of business and finance, a willingness to explore new ideas and an ability to communicate your ideas effectively. It is not a requirement that you should have studied GCSE Business in order to take GCE Economics.
If you require any further information, please do not hesitate to contact us:
Ms O Tattum, Head of Sixth Form
0161 212 1930
Mr T Kilduff, Subject Contact for