AS/A2 Economics at King Edward VI School, Lichfield
Economics deals with the choices that people, firms and countries make and the impact these decisions have, with specific focus on how decisions can be made so that the lives of all can be improved. It is from this simple basis that all the economic problems in the world around us arise and hence leads to questions that need to be answered, such as:
Is inflation bad?; What was the cause of the credit-crunch?; Is a reduction in house prices good for the UK economy?; Should cars be charged to go into cities?; Are workers in the third world exploited?
The aim of the course is to help students understand the issues that need to be addressed when such questions are raised and apply the relevant economic theories and models to these problems to arrive at possible
5 GCSEs A* - C (including English & Maths)
Economics is a demanding subject that requires the study of abstract models and the analysis of tables and data together with the production of long written answers in the exam. As such, a minimum of one B grade in each of Mathematics, English and Science are required to take this subject to ensure students have the appropriate skill set to achieve in this subject.
– Both Unit F581 and F582 are 90 minute exams and are sat at the end of Year 12.
– Unit F585 is a 2 hour exam paper sat in the January of Year 13 and is a synoptic unit based around a pre-released case study. Unit F284 is a specialist unit focused on the economics of transport with the 2 hour exam sat at the end of Year 13.
Students taking economics often go on to university to study a range of subjects from economics, business studies, international finance, accountancy, law and management. In addition, economics is a well respected subject for a range of professions including accountancy, business and law, whilst in the long term it can open doors for work at institutions such as HM Treasury, the European Parliament and the World Bank.
Students taking Economics have the opportunity to be part of the 9 day trip to China that is run by the Business Department once every two years.
How to apply
If you want to apply for this course, you will need to contact King Edward VI School, Lichfield directly.