Economics
Course Content and Examinations
Economics is concerned with the key issues facing us today, including the cost of living crisis, global warming and poverty. It is essentially about the choices that different sorts of people, businesses and governments have to make, the reasons they make them and the consequences their choices have. Students are taught how to understand issues such as inflation and unemployment as well as a particular focus on the financial markets.
The formal assessment consists of three equally weighted examinations of two hours each. One is focused on microeconomics, one on macroeconomics and one is a hybrid paper designed to test critical thinking across the two spheres. The questions are a mixture of multiple choice, shorter data response questions and decision-based essays.
Please note: this course is taught on the Myton Road campus in conjunction with Warwick School & King’s High School. Transportation will be organised on behalf of students taking this course.
Entry Requirements
Due to the mathematical understanding required to succeed in Economics at both A Level and beyond, a grade 7 in GCSE Mathematics is required. However, more important is a willingness to critically apply complex Economic concepts to real world situations. The ability to communicate concepts and arguments, both on paper and verbally, is also a key skill for progression.
This A Level would suit candidates who are…
• Keen to study a dynamic, real-world subject that links heavily to modern life and the world around them
• Driven to develop a career in the world of business, banking and finance
• Confident in developing arguments but also taking on board different points of view
• Able to learn independently and think for themselves
Where could this subject take you?
Economics is a highly regarded academic subject relevant if you wish to follow a wide range of careers such as investment banking, marketing, senior management, law and even medicine. It therefore works well with the sciences, arts, languages and humanities and each year students successfully combine Economics with subjects from all these areas. Previous students from the Foundation have gone on to study a wide range of Economics-based courses at top universities in the UK and USA, completed outstanding high-level apprenticeships and are now employed at such companies as JP Morgan Chase, Accenture, Wells Fargo Investments, Ernst and Young, KPMG, Mondelez, Deloitte, PWC, Grant Thornton and others.
In order to make this happen, the department focuses on the development of important ‘soft’ skills such as leadership, independent problem solving and presentation skills, as well as developing a keen commercial awareness in the students that is so important for their future careers.