Economics A Level at Norwich School
The issues in Economics are both vital and complex, and about everyday life. In The Wealth of Nations (1776) Adam Smith observed and described an anonymous system, which he called the market economy, operating in the apparently chaotic world of early industrial Britain. Ever since economists have tried to make sense of, describe and predict the outcome of the forces which affect the material well-being of those who inhabit the planet. Economics is described as a social science. It is "social" because it deals with the behaviour of human beings in the context of how society makes choices about what output is to be produced, how this output is to be produced, and for whom it is to be produced. It is a "science" because it sets out to analyse economic behaviour by means of the scientific method, which is based on developing theories (hypotheses) to help us understand the events we observe.
Economics is a challenging subject at A level. It fits in well with a number of other subject studies, in some respects forming a bridge between arts and sciences. For higher education it is a good base from which you can move to Economics, Business Studies or Management or further afield to Accountancy, Law, Politics or Philosophy.
How to apply
If you want to apply for this course, you will need to contact Norwich School directly.