Economics

Economics explores how societies make choices about scarce resources, and how governments, firms and individuals respond to the challenges of unlimited wants.

A-Level Economics builds highly-valued analytical, evaluative and problem-solving skills – essential for understanding real-world issues such as inflation, climate change, trade, economic growth and financial markets.

What you will study

Paper 1: Microeconomics

• How individuals, firms and markets make decisions
• Supply and demand, competition, market failure
• Issues such as pollution, inequality and government intervention

Paper 2: Macroeconomics

• How the national and global economy functions
• Growth, inflation, unemployment, trade and development
• Monetary policy, fiscal policy, taxation and government spending

Paper 3: Themes in Economics

• The UK's post-Brexit future
• Climate change and government debt
• Recovery after economic shocks

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Next steps – where might it lead?

Studying Economics can lead to degrees such as:

• Economics
• Finance
• Business
• Management
• Law
• Journalism

What experience and skills will you gain?

By studing Economics A-Level you will gain a broad set of transferable and career-ready skills, including:

• Analytical thinking - evaluating competing arguments and policies
• Data interpretation and mathematical literacy
• Essay-based reasoning and extending writing
• Understanding of how consumers, firms and governments behave
• Awareness of UK and global current affairs

Future careers - where might this take you?

Graduates can pursue careers such as:

• Economics (29,000-£150,000)
• Policy Analysis (£25,000-£52,000)
• Investment Banker (£31,000-£150,000)
• Financial Consultant (£23,000-£90,000)