Economics AS/A Level at Darwen Aldridge Community Academy
Why choose Economics?
This is an academic subject for people interested in discovering how the real world works and how it affects our country and families. The subject takes an analytical approach when considering topical issues of the day, such as: Why do footballers and bankers earn much more than doctors, nurses or teachers? Should students have to pay for university? Should healthcare be free in the UK? Should the UK stay in the EU? Should unhealthy foods be taxed? Why can’t we just cancel Third World debt? Why do 24-hour supermarkets have locks on their doors? Why do recessions happen? Why does a house cost more in some parts of the UK than others? Economics is a fast paced, thought-provoking and challenging course which will help you to understand these and many other important questions. Very few decisions are taken by businesses, consumers, government organisations like the NHS, charities and politicians that are notinfluenced by economics. You will also have the opportunity to attend business related visits and student conferences. We also encourage you to join the Career Academy.
What will I study?
Unit 1 - Microeconomics: Microeconomic theory - how markets work and why markets fail
Unit 2 - Macroeconomics: Domestic and global macroeconomics - policy approaches and changes in macroeconomics overtime
Unit 3 - Themes in Economics: Application of the contents of Units 1 and 2 to current real world issues
What can I study it with?
Economics combines well with all other A Level subjects. For example, the analytical approach used is similar to Mathematics and the Sciences, while the essay writing and research techniques are similar to those in Geography History, English, Psychology, Law, Sociology and Business Studies.
Economics is accepted by every UK university and is particularly highly regarded by Oxbridge and Russell Group universities. It provides an excellent foundation for degree level courses in economics, business, finance, management, accounting, law, banking and risk management in particular. However, it strongly supports those wanting to pursue just about any science, arts and humanities subject eg engineering, languages, history etc. Economics is relevant to a wide range of careers: professional economist, accountancy, civil servant, banking, finance, stockbroker, currency trader, commodities trader, Local Government, marketing and business management. Economics graduates are the second highest paid group of workers!
At least 5 GCSE grades A*- B, including:
Grade B in English Language and preferably Grade B in Mathematics.
It is not necessary to have studied Economics or Business Studies at GCSE.
How to apply
If you want to apply for this course, you will need to contact Darwen Aldridge Community Academy directly.