AS Course Outline
What is Economics?
Traditionally Economics has been the study of how in a world of scarcity, humans make decisions about how to meet their wants and improve living standards. Now there is increased focus on how this can be achieved without exploiting others and the environment. And whether this is possible!
Who should study this course?
This course will appeal to those students who are interested in the UK's economy and the various shocks that have affected it in recent times - the 2007 financial crisis, Brexit, the 2020 Coronavirus and the rise of the emerging economies. It will particularly suit those who want to pursue a career in finance and management but will in fact suit anyone who enjoys listening to economic debates and wants to understand some of the momentous events taking place.
What does the course aim to do?
How should the economy - the market and the Government - respond to the impact of Covid-19. We will all have our view on this. We all have our opinions on what is right or wrong, fair or unfair, moral or immoral. But as a social science, Economics tries to reach solutions to this and other issues affecting our lives based on logic and objectivity rather than mere opinion. Students will develop a keen interest in the important issues and the various arguments surrounding them and then come to reasoned conclusions based on careful analysis.
What Skills Will Students Develop When Studying Economics?
|ECONOMICS A (PEARSON) Summary of Content at AS|
The specification includes the following topics:
Structure of the Course
This course will be taught for 5x 50 minute lessons per week. Homework will be set weekly and deadlines must be adhered to. Reading of textbooks, journals and economic coverage in broadsheet newspapers is essential. Tests are set frequently.
What are the challenging aspects of the course?
The Undercover Economist Tim Harford
Age of Discovery Ian Goldin & Chris Kutarna
Pearson Edexcel A Level Economics A 5th Edition Peter Smith
The Almighty Dollar Dharshini David
Talking to My Daughter About the Economy Yanis Varoufakis
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