ECONOMICS STATEMENT OF INTENT FOR ECONOMICS Economics students at Charters Schools will develop an enthusiasm for the subject, appreciating the contribution of economics to the understanding of the wider economic and social environment. They will use an enquiring, critical and thoughtful approach to the study of economics and develop an ability to think as an economist. Students will develop qualities and attitudes which will equip them for the challenges, opportunities and responsibilities of adult and working life.
COURSE DETAILS Unit 1: Students are introduced to economic methodology and the economic problem, individual decision making, price determination in a competitive market, production, market structures, the labour market, the distribution of income and wealth, the market mechanism and government intervention in markets. Unit 2: Students are introduced to macroeconomic performance, circular flow of income and aggregate demand and supply, economic growth, unemployment, inflation, financial markets and the international economy. Unit 3: This unit is an amalgamation of Units 1 and 2 and students are required to analyse the relationships between micro and macroeconomics.
COMPLEMENTARY SUBJECTS Economics goes well with all subjects. A’Level Maths would be a good subject to choose alongside especially if you are considering doing a degree in Economics. A’Level Business also goes well with the subject.
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UNITY | RESPECT | EXCELLENCE
