Economics AS & A Level at Barking Abbey School
Economics links the individual with the world in which they live, a world in which they interact with businesses, the government and the European and international community. Economics looks at the interactions that take place through consumption, taxes, trade and income. Economics questions government decisions and analyses consumer behaviour. Economics examines specifically how markets work in allocating scarce resources and the wider external environment in which these markets operate.
What would happen if all businesses were run by the government, even better, what if we had no government? Why do we have money, what would happen if taxes were increased? What is inflation and how does it react to unemployment? Why does it matter if other countries are underdeveloped?
In economics you will learn to ask questions like these and how to look for the answers; those questions that go unanswered by politicians, you will learn to question the news and you will understand why the price of oil affects not only petrol companies, but supermarkets, schools, hospitals and you! You will become a lot more interested in what happens around you by studying this subject!
The course studied uses a syllabus from the AQA exam board. The course is 100% examination and assessed on a modular basis (modules are taken at the end of the academic year in Year 12 or Year 13 if you choose to complete the A Level course);
- Operations of Markets and Market Failure;
- The National Economy in a Global Context;
- Individuals, Firms, Markets and Market Failure;
- The National and International Economy.
The course is delivered through formal teaching, discussion, using newspaper articles and case studies. You will be expected to keep up to date with current trends in the economy and familiarise yourselves with the core text book outside the classroom. You will also be expected to prepare and participate in presentations and group work.
A minimum of 6 GCSE Grades A*- C specifically including a grade B in Maths (a high B is the minimum requirement) and English
Economics is well-regarded amongst academic circles as well as by employers, as studying the subject shows that you have a good understanding of how economies works. You will gain the skills to reason logically and to think in terms of the short and long term consequences of actions. You will also gain an appreciation of the many aspects of issues and will understand the importance of differentiating between fact and opinion.
University degrees, investment banking, civil service careers
For further information see Ms P Henry.
How to apply
If you want to apply for this course, you will need to contact Barking Abbey School directly.