Advanced Level Economics at King Solomon Academy
At the heart of Economics is the problem of scarcity: the world has finite resources (e.g. raw materials, people able to work, money to spend, etc.) but society as a whole has infinite wants (i.e. we’d all like more goods and services). If resources are finite and human wants infinite, this means people cannot have everything they want and so ways have to be figured out to tackle this problem. An economist would say that to fully understand this problem and how to try to resolve it, one needs to study the production, distribution and consumption of goods and services - key activities that are collectively referred to as the "economy". You will learn established theories which help explain economic behaviour. The theories are applied to a wide range of case studies so that students can better understand the changes and developments in the world around them.
You must have achieved at least a B grade in Mathematics at GCSE to study Economics in the KSA Sixth Form.
How to apply
If you want to apply for this course, you will need to contact King Solomon Academy directly.