Economics is a very popular choice for pupils in the VIth Form with an average of sixty pupils studying this subject. Many enjoy the new challenges it offers them, while others seek to take a subject that has real relevance in today’s service-based economy. In the Lower VIth the pupils study two modules which look at the core subject material. The Micro course focuses on the potential use of the market system to allocate scarce resources and thus its potential drawbacks in helping to raise levels of welfare in society. On the Macro side the pupils study the broader governmental aims of a stable economic climate and the possible methods through which this can be attained. At A2 Level the courses are more specific by focusing on areas such as Transport and Development, but they still build upon these core competencies.
Given the contemporary nature of the subject the pupils will find it essential to get into the habit of reading a quality newspaper and thus to be excited by the many issues which affect modern society. In turn they will find that they are able to use their academic work in this subject to help make informed judgments about how Economics can offer solutions to issues such as poverty, pollution, inflation, the NHS and, more broadly, how to raise the standard of living in an economy.
As a social science, halfway between arts and the sciences, Economics combines well with many other subjects at A Level. However, we do not allow pupils to take Economics if they are planning to take Business Studies, as the two subjects share some common ground. The subject tends to suit pupils who interested in current affairs/politics/abstract problem-solving and maths. The latter is not essential at A Level by any means, although most university Economics faculties require A Level Maths.