Economics
General aims:
Through the study of AS and A Level Economics you will gain a full appreciation as to how the real economy operates. This knowledge can remain with you throughout your adult life so that you can apply it in interpreting the daily news of the economic, political and business world.
A qualification in Economics will provide suitable foundation for study of the subject or related subjects (such as law, politics and philosophy) in further and higher education. You will also have gained practical experience of the business world that will support employment applications for a range of careers including accountancy, banking, law and administration.
AS Economics
Areas covered:
Demand, supply and prices.
How businesses behave.
Market failure and the role of government.
Macroeconomics: Unemployment, inflation.
GDP and the balance of payments.
Government policy.
Issues to consider:
Why is it more expensive to eat out in London compared to Los Angeles?
Are businesses motivated by profit?
Should smokers be treated by the NHS? Who should care for the
elderly?
What causes unemployment? Is inflation a problem?
What does the UK export?
Darling or Osborne? Who do you trust to run the economy?
A2 Economics
Areas covered:
Economics of work & leisure
Explaining pay differentials
Leisure markets: TV, package holidays, airlines and spectator sports
Developing economies
UK economy and European issues
Issues to consider:
Should nurses be paid more than footballers?
Should we have to pay a TV license? Impact of digital TV?
What are the benefits of the ?no-frill? airlines?
Global aid? Causes of absolute poverty. Solving world debt
Single currency for the UK? Impact of the Social Chapter?
Impact of an enlarged Europe?
The Sixth Form Economics trip to New York
