Economics

Edexcel Level 3 Advanced GCE in Economics B (9EB0) 

At its core, economics is the study of how individuals, groups, and nations manage and use resources. Economics combines crucial knowledge of other disciplines such as Geography, Business, Psychology, Sociology and History to develop theories of how our world functions and how it can be improved.

Economics can be broken down into microeconomics, which examines individual decisions, and macroeconomics, which is concerned with the economy as a whole. Both types of economics utilize historical trends and current conditions to inform business decision-making and make predictions of how markets will behave in the future.

Our aim as a department is to offer students an outstanding education in Economics. Students who choose to study economics not only gain the skills needed to understand complex markets but come away with strong analytical and problem-solving skills, as well as the business acumen necessary to succeed in the professional world. Economics is also extremely valuable for your university application as it is one to the most academic subjects to study at A Level.

An education in economics can improve your employability in a variety of industries. According to the World Economic Forum's Future of Jobs Report, analytical thinking and complex problem-solving skills top the list of transferable skills that employers will find increasingly important by 2025, both of which can be gained by studying economics. Economics is a subject highly valued amongst employers and universities alike. Average earnings and employment levels for Economics graduates are particularly high.  Its study can lead to careers in a broad range of areas such as Banking, Finance, Business, Consultancy, Law and Government Policy.