Traditionally, Economics attracts a large number of strong Mathematicians who can employ their strengths in analysing economic data, but the interdisciplinary nature of the subject means that students from all backgrounds, whether Science or Arts, are capable of studying the subject.
The first year covers the basic principles of Economics, introducing and applying the essential tools of Supply and Demand. It also considers key topics such as Unemployment, Inflation, Balance of Payments and Economic Growth.
The second year seeks to further develop both microeconomic and macroeconomic understanding, drawing on local, national and global contexts, encouraging pupils to ‘think as economists’ and develop an appropriate range of analytical, questioning and reasoning skills.
You will be chiefly examined by demonstrating your understanding of economic principles and applying what you have learnt. Analytical and evaluative ability will be the main focus of the testing.
The subject potentially broadens an otherwise narrow choice of Arts, Science or Language and keeps future options open.