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Economics GCE at Feltham Community College (School)

Course description

Economic forces have a major influence on the personal and working lives of all of us. Governments are preoccupied with economic affairs and businesses are affected by the economic environment. Economics is an applied subject and theory will taught in context of developments in the U.K. economy and will include the U.Ks relationship with Europe and the rest of the world. You will be introduced to a range of current economic issues. These include consideration of important questions such as Should the UK adopt the euro?, What are the consequences of privatistion? Why has the Bank of England increased interest rates? How can government policy help the environment? what should be done about road congestion and transport? These and many other vital and interesting questions will be considered during the course. AS unit 1: Markets and Markets Failure This will involve a study of the way in which prices are determined and resources are allocated in a market economy. The reasons why governments intervene in markets is to provide services such as health care and education will be considered. AS Unit 2: the National Economy This will develop an understanding of how the macro-economy works. Government policy objectives such as unemployment, inflation and growth will be considered and the performance of the UK economy investigated. A2 Unit 3: Business Economics and the Distribution of Income. This will include a study of firms in competitive and concentrated markets. the labour market will also be investigated to analyse the forces which determine wages and the distribution of income and wealth. A2 unit 4: The National and International Economy The role of government and the Bank of England in managing the economy. The relationships between the UK economy and the rest of the world. the significance of globalisation and the United Kingdoms membership of the european Union.

Entry requirements

5 A-Cs at GCSE including at least a B in mathematics

Future opportunities

Economics is a versatile subject that can help you in a number of careers. Not only could you find yourself working for big corporations, banks or the governement but your qualification in economics could also be valuable support in a career like marketiStudents who take Economics also study Law, Mathematics, Georgraphy, History, Politics, Philosophy and Languages.

Further information

How to apply

If you want to apply for this course, you will need to contact Feltham Community College (School) directly.

Last updated date: 20 May 2014
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