Economics is the study of how individuals and groups make decisions with limited resources as to best satisfy their wants, needs, and desires. We hear daily of unemployment, inflation, interest rates, productivity, and the balance of payments. The state of the economy affects our current and future standard of living and has come to dominate the media.
Girls can study Economics from A-Level and its popularity reflects their curiosity in the workings of the local and national economy. No prior knowledge of the subject is required for a student to undertake the AQA Economics specification. However, girls are more likely to succeed in their studies if they possess these relevant skills:
Good understanding of numbers and mathematics.
Information technology skills.
Able to explain their ideas simply, in plain English, to non-specialists.
Decisive, logical, quick-thinking, and able to cope with pressure.
The study of Economics enables girls to:
Develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life.
Select, interpret, and use appropriate data from a range of sources.
Analyse, explain, and evaluate the strengths and weaknesses of the market economy and the role of government within it.
Develop a critical approach to economic models and methods of enquiry.
Interpret and evaluate different types of data from multiple sources.
We have strong links within industry, local universities and their Business Schools. Our alumni and strong Merchant Taylors’ network also provide opportunities the development and practical support to make Economics come alive. We encourage pupils to join our vibrant Economics Society and we welcome visiting speakers from our local universities and Industry.