Economics
Curriculum Intent & Rationale
The purpose of the economics curriculum is to equip all students with the ability to appreciate the contribution of economics to the understanding of the wider economic and social environment, and to develop an interest in and enthusiasm for the subject. Students will use an enquiring, critical and thoughtful approach to the study of economics and develop an ability to think as an economist, applying key concepts in a range of different contexts and studying from different perspectives.
By encouraging an active approach to economics and using a wide range of case studies and real-world investigations, we aim to enable students to question society and the world around them, and to relate to key socio-economic events and factors in a meaningful way. Students will be able to apply key themes and ideas to make links between different subjects. In addition, through the economics curriculum, students will learn through a range of styles and develop analytical, evaluative and quantitative skills, useful across their A level studies, together with qualities and attitudes which will equip them for the challenges, opportunities and responsibilities of adult and working life.
The ability to write in response to case study evidence and material is a key focus in A Level Economics and reinforces skills across other subjects. Students learn to structure their writing, building chains of reasoning, supported by well-chosen evidence, leading to balanced comparisons and conclusions. Economics is viewed as a ‘preferred subject’ by the Russell group, and develops skills and abilities useful for higher education, higher level apprenticeships and the world of work. Students are prepared for future careers in wide-ranging fields including management, law, accountancy and finance, journalism, politics, retail, PR, HR, engineering and medicine.
Implementing Our Curriculum
Key Stage 5
At A level, students study the Edexcel Economics B specification. This course introduces students to economics through building core knowledge of microeconomic and macroeconomic theory, and by investigating economic theory through real-world businesses and the environments in which they operate including:
- How the state of the economy affects people and businesses
- How government decisions affect people and businesses
- Why some markets work better than others, and the role of government intervention
- How international businesses operate
- How increasing globalisation and trade contribute to economic development
- How globalisation affects companies, national economies and people
- Risk and the financial sector
Economics students will participate in class discussions, make presentations to the group, analyse data, undertake mini-projects and investigations, evaluate case studies, practice essays and data response questions and use IT independently both in and out of lessons. This A level course provides a solid grounding for our many students who go on to related undergraduate study, or who choose to enter the world of work through higher level apprenticeships.
Economics is the foundation of the modern world. It allows me to be a part of and understand government decisions and actions in regards to their current economic situations. I have begun to develop analytical skills which I know will be fundamental for life after Sixth Form.
Curriculum Maps