Economics at St Martin's School Brentwood
This course develops economic concepts and theories through a critical evaluation of current issues, problems and institutions, as applied to a range of contexts.
The first module centres up on Microeconomics and looks at some of the basic theories and models in the ‘economist’s toolbox’:- demand and supply, price mechanisms and market failure are key to this module. Real life scenarios are explored and debated in relation to ‘market failure’.
The second module focuses on the macro-economy and looks at the concept of aggregate demand, supply curves and analyses changes to these. Policy changes are considered in real and theoretical terms. Other issues such as cyclical booms and slumps in the economy are studied and evaluated using theoretical models. The greater economic environment, the EU and the international economy will be assessed in light of recent developments in the economy.
The second year deals with further aspects of the micro-economic environment including industry structure, labour markets and the factors that influence wages, poverty and the distribution of wealth and income. In the area of macroeconomics, discussion and evaluation of economic trends and the issue of the newly emerging economies of China and India are considered and evaluated, as is Britain’s relationship with the Euro-zone.
Economics B or Business Studies B plus an average of 5.7 points
Or if not studied before: Maths B with English B or any Humanity plus an average of 5.7 points
Also preferred: Mathematics B
How to apply
If you want to apply for this course, you will need to contact St Martin's School Brentwood directly.