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Economics

AT BEXLEY GRAMMAR SCHOOL WE OFFER ECONOMICS AT HIGHER LEVEL FOLLOWING THE H460 OCR SPECIFICATION

Economics is a dynamic social science, forming part of the study of individuals and societies. The study of Economics is essentially about the concept of scarcity and the problem of resource allocation.

Although Economics involves the formulation of theory, it is not a purely theoretical subject: economic theories can be applied to real-world contexts. The course will examine global situations, financial sectors as well as current political issues like the use of current trade barriers. Economics does not exist in a vacuum, because it naturally must consider how economic theory is to be applied in an international context. Economics has an important role to play in promoting international cooperation and mutual understanding because of its focus on global issues. 

The course is essentially divided into two key components:

  •  Microeconomics

  •  Macroeconomics

As a department we fully support the aims and ethos of the A-level course. In particular, we believe that the aims of the Economics course at Bexley Grammar School are to:

  • Provide students with a knowledge and understanding of economic theory and real world contexts

  • Encourage students to become independent learners ready for undergraduate studies or world of work and further training and apprenticeship opportunities.

  • Promote an awareness and understanding of a range of themes relevant in economics today as an outward looking student.

SUBJECT REQUIREMENTs

Students do not need to have studied Economics at GCSE to study Economics at A-level. However, a good understanding of Mathematics and English language are required for the skills needed for examinations. Students looking to study Economics at university should be mindful that a number of top institutions will only accept Mathematics at A-level for an Economics undergraduate course.