With the depreciation of the pound sterling since Brexit, the ongoing Housing Crisis, austerity measures and changes to banking regulation since the Financial Crisis of 2007-2009; Economics is never far from news headlines.
Studying Economics at A Level gives our students the opportunity to apply economic analysis to problems that the incumbent government faces. The subject equips them with the skills needed to make reasoned judgements regarding policies that could be used to correct market failures. Economics is a diverse and dynamic subject as we study both Microeconomics and Macroeconomics in both years. Students also sit a paper which requires synoptic analysis, where elements from both sides of the course are used. We illustrate economic theory by relating each topic studied to current examples in the headlines.
The students subscribe to ‘Economics Today’ magazine and they also have free access to the ‘Financial Times’ online to encourage wider reading. Lower Sixth enjoy a trip to the ‘RGS Economics Speakers Day’ where they hear presentations from key speakers in the field to link theory to reality. The Upper Sixth students attend an intensive, all-day Economics Revision workshop in the run up to their final examinations.