A Levels: Economics
Why study Economics?
Economics is about choice and it relates to every aspect of our lives, from the affordability of homes, the availability of employment and the structures created by governments to manage markets and provide essential services. The economists’ way of thinking can help us make better choices, in order to maximise benefits.
Economics is a fascinating subject because it explores current economic news as well as assessing the impact of high profile events which have shaken the world economy over the last decade. It is the interaction of theory and real world application that makes Economics a vibrant subject. Of course, Economics can also lead to an exciting career. You will develop your numeracy, analytical and research skills, making this an ideal complement to many other A Level subjects.
What will I study?
In the First Year, you will be introduced to Microeconomics looking at how markets work, how they can fail and what government can do to correct the failure. You will also study Macroeconomics, which assesses the operation of an economy and indicators of economic performance.
In the Second Year, you will be building on your existing knowledge, you will analyse market structures, the impact of competition and the operation of labour markets. You will also further develop your Macroeconomics knowledge, by focusing on international trade, globalisation and economic development.
How will I be assessed?
There is no coursework in Economics. The course is linear, so assessment of a student’s knowledge and understanding of the course takes places at the end of two years of study.
What are the entry requirements?
The entry requirements to an A Level programme is five GCSEs at grade 4 or above, including English Language and Mathematics.
An interest in the world of business and current affairs is advantageous. You do not need to have studied GCSE Business Studies at your previous school or college.
What Havant adds to this
There are a number of academic enrichment sessions offered outside of the timetabled lesson that help students build on the theory and focus on the real-world application of economics. We also arrange study trips to London, Washington DC and New York (where last year students toured Google’s Head Office!).
Your destinations with this course
Economics graduates are employed in a range of posts: manufacturing, transport, communications, banking, insurance, investment and retailing industries, as well as in government agencies, consulting and charitable organisations. In all these settings, employers value economics graduates’ understanding of decision-making, their research and analytical skills, and their experience of viewing problems in their national and international context.
Statistics show that the majority of Economics students after graduation obtain employment within six months of graduating. The jobs they obtain are many and varied.