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You only have to read a newspaper or watch TV to realise how the economic system affects our whole existence and future. You will explore the Market Economics issues of high prices for goods in Britain and low wages for students and look at broader macro-economic issues like unemployment, standards of living and management of the economy. On the international front, you will look at the realities behind the political slogans about Europe and the superficial concern for poor countries. Environmental economics recognises that our car journeys add up to congestion and pollution and then investigates remedies.

Year 1

  • Measures of economic performance
  • Management of the economy
  • Conflicts in economics
  • How markets work (supply & demand)
  • Market failure
  • Solutions to market failure (eg taxation & nationalisation)

Year 2

  • Further study on management
  • International trade
  • Exchange rate systems
  • Growth & development
  • The theory of the firm
  • Labour markets
  • In depth study of market failure
  • Financial markets & monetary policy
  • Commercial banks & investment banks
  • Central banks & monetary policy
  • Regulation of the financial system

I chose Economics as I thought it would work well in conjunction with my choices of Politics and Geography, as well as wanting to gain a greater understanding of the subject. The teachers are really engaging and I have enjoyed learning the theory side. I found behavioural economics particularly interesting.

Marika Searle-Krokidas ex Varndean School

Course Essentials

Courses Available
A Level
Entry Requirements

PLUS
Grade 5 in GCSE Maths
How The Course is Assessed
100% exam
Career Pathways
Students go on to degree courses in Economics, Business Studies, Politics and many other subjects. Economics can lead to careers in journalism, business and law.
Transferable Skills
Reasoning and analytical skills; the ability to abstract important information from material, both written and numerical; evaluative skills; the ability to critically analyse situations.
Other Information
Trips are arranged, for example to the Bank of England, New York, Zambia, The Economist, City College London and car auctions.
Enquiries To
Alrik Green: agg@varndean.ac.uk