B6 Prospectus 2024 - Flipbook - Page 46
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STUDENT VOICE
ECONOMICS
A Level
Why study Economics?
Economics helps you understand how we need to make
the best possible use of the world’s scarce resources.
It plays a big part in politics and society and will help
you understand the decisions made by individuals,
businesses and governments. You will study how
the UK and international economies work and the
implications of government decisions. You will also
study the psychology behind individual decision making.
Economics will improve your analytical, evaluative
and critical thinking skills and is a subject which is well
respected by universities.
What's covered?
Philippa Lloyd
St Mary’s Catholic High School
A Level Economics, Mathematics, Further
Mathematics and Honours Programme with EPQ
Enrichment: Women into Leadership, Student Voice,
Podcasting, Student Ambassador
Economics has two major components:
Microeconomics and Macroeconomics. Microeconomics
looks at decisions that affect the individual such as
the prices of goods and services, why footballers earn
more than doctors and why governments tax certain
goods or make them unlawful. Macroeconomics looks
at what governments can do to help generate more
income in the economy, reduce the number of people
unemployed, keep inflation low and to encourage
international trade.
Future Opportunities
“I chose to study at The Sixth Form because I
liked the modern style of the building and I got
a good feeling from the place. I am hoping to
study Economics at the University of Cambridge
so the Cambridge trip we took with the Honours
Programme is one of my fondest memories of
my time here at B6. I have really enjoyed studying
Further Mathematics, I love how the difficulty has
improved my work ethic and commitment."
Economics can lead to a variety of careers including:
financial or management consultancy, investment
banking, accounting, the legal profession, retail,
distribution, politics, local government and journalism.
Economics graduates are, on average, amongst the
highest income earners nationally.