Economics

Overview
Studying economics will help students to develop an understanding of economic concepts and the theories by considering current economic issues, problems and institutions that affect everyday life.

The course will develop an appreciation of the importance and complexity of contemporary economic factors in the local, national and global economy. A range of assessment techniques will allow individuals to demonstrate the full extent of their knowledge and understanding.

During the course, students will develop the skills needed to analyse data and to think critically about real issues affecting the UK and world economy, and to make informed decisions about the best course of action to take.

Key Stage 5
The A-Level and AS level course in Economics covers the key subject areas of Micoreconomics and Macroeconomics, giving students an in-depth overview of the workings of the national and global economy, together with how markets are driven and push prices up and down.

Topics covered in years 12 and 13 include:
• pricing goods and market factors • goods need and demand • the role of government in correcting market failure • taxation • how national and global economies work • economic growth, unemployment and inflation • improving the performance of the economy

For further details of the A-level course, visit www.hsfc-ac.org.uk/economics