Economics is a highly regarded, challenging and academic subject. Every news programme, political debate and discussion and many of our everyday conversations are littered with economic content…too much of it ill-informed and/or politically partisan!!
The study of Economics teaches you to think and debate maturely and with a degree of sophistication; you will analyse both numerical and written data, evaluate different strands of economic thought and learn to express yourself coherently and maturely both on paper and in class. You will study both micro and macroeconomic concepts including basic economic modelling and an introduction to the national and international economy, considering issues such as unemployment, inflation and economic growth. In the process you will develop a good knowledge of recent trends and developments in the UK economy and our position in the global economy.
We annually attend the Institute of Economic Affairs Conference which is held at St. Anne’s College, Oxford and also enter the competition (Target 2.0%) organised jointly by the Times and the Bank of England when we undertake economic forecasting to predict the base rate of interest that will be set by the Monetary Policy Committee of the Bank of England.
Economics is a subject that complements many others and a well-paid economist can earn a fortune in the City; Economics graduates earn some of the highest salaries. And they have fun!!!
ECONOMICS AND BUSINESS STUDIES
Welcome to the opportunity to extend your financial literacy and economic awareness!! Both of these 2 challenging subjects will encourage you to adopt a new way of perceptive and insightful thinking, learn some new and sophisticated vocabulary and you will soon find yourself impressing both yourself and others with your knowledge and awareness of both topical and contemporary issues!!! It is not recommended that both of these subjects are studied as there are some areas of overlap but whichever one you choose you can rest assured that these subjects will be relevant to whatever career you pursue as well as of relevant on a day to day basis. You are expected to further develop your classwork by background reading so as to develop an awareness and understanding of the market and capitalist economy in which we as individuals and an economy operate.