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GCSE Economics at Queen Elizabeth School

Course description

Economics is an extremely enjoyable and interesting subject to take at GCSE. It will really open your eyes and challenge you to think in different ways about the world around you. The Economics GCSE is designed to help you gain a good understanding of the major issues in Economics and how these affect us in our daily lives and in the future.


Course content

You will be taught to think from a micro-economic perspective and learn about the fundamental problem of how best to allocate your scarce resources like time and money. Knowledge and understanding of how the laws of supply and demand affects the price of things like oil, gold, shares, cars and houses will also be provided. You will learn about the dynamics of the Government’s macro-economic policy and how this affects things like interest rates, exchange rates, taxation, unemployment and at the core of macro-economic policy is the control of inflation which is why your Dad now pays £10 for the £5 haircut he used to get for £2 when he had hair!! You will also learn all about globalisation and the advantages and disadvantages it brings to us and developing countries like Brazil and India.

Entry requirements

Economics is a challenging GCSE and prospective students need to display a level 7 standard of literacy and numeracy.



Assessment takes the form of a

1 hour written paper             25%      

1 hour written paper             25%   

1hr 30 min written paper     50%  based on pre-released data


Future opportunities

AS and A2 Economics. Much of the knowledge you gain will undoubtedly be invaluable to you in years to come. 


Further information

Further information can be obtained from Mr J Kirpalani.


How to apply

If you want to apply for this course, you will need to contact Queen Elizabeth School directly.

Last updated date: 20 May 2014
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Key information

  • Start date: Next September
  • Duration: 2 years