Economics - AS / A level at Suffolk One
Economics is concerned with analysing the economic world in order to better understand it. This analysis involves observing and measuring economic processes, designing models and testing theories. Economics is also based around policy making and attempts to improve efficiency, equity growth and stability. Those looking to study economics should also consider taking Accounting and Business Studies in order to make the most of this course.
- You will learn that the central purpose of economic activity is the production of goods and services to satisfy needs and wants. As human beings our wants are infinite but as a planet, our resources are scarce and as such we are forced to make choices as to what we produce as a nation.
- You will find out that the demand curve shows the relationship between price and quantity demanded and you will understand the causes of shifts in the demand curve. As a general rule, as price goes up demand goes down, but there are other factors that can affect demand such as the weather, the Government and fashion trends.
- You will debate issues such as whether or not people that smoke should pay for any medical treatment that is related to their smoking. Whether people that earn more money should pay more in tax and whether or not the Government is right to pay benefits to people who are unemployed.
No previous study is necessary but students will be expected to have a grade C in GCSE Maths and English Language.
100% written examination.
Economic students develop the kind of skills that employers demand and progress to work for large corporations, banks and the government. A qualification in Economics can also be valuable support in a career like law, marketing, journalism and teaching.
Which subjects complement this A level?
Economics can be combined with a variety of other subjects in business, social services, humanities, languages or maths.
* Business Studies
* Further maths
How to apply
If you want to apply for this course, you will need to contact Suffolk One directly.