Economics

Curriculum Intent

Economics is fundamental to our everyday living. It is found in all aspects of life, culture, science and society; and a driving force for the world we live in. A high-quality economics education provides a basis for understanding the world.

Our vision is to develop students who are fluent in the fundamentals of economics, have enthusiasm for learning and a desire to apply this to new contexts. Students will gain in-depth knowledge which they can recall quickly and accurately. Through varied and frequent practice students will understand how the economy / businesses work and be able to take this in to the world of work either in part time roles to complement study or when they reach full time roles at the age of 18. Students will display their high aspirations, combining independent risk taking with collective curiosity.

Overview by Key Stage:

Key Stage 4

Our GCSE in Economics introduces students to basic economic concepts and helps them develop the appropriate range of analytical, critical and reasoning skills to enable them to think as economists. They learn how consumers, producers and governments interact in markets nationally and internationally.

Economics enables students to consider why choices need to be made, how choices are made, and the implications of those choices for quality of life. Economic questions enter into all aspects of life: how wages are determined, whether taxes should be raised, how to best provide equality of opportunity in society, how to protect the environment, how to get rich, or how to use our scarce resources to satisfy needs. Economics students need to be able to understand how economic theory can be used to analyse and evaluate economic information to make reasoned judgments. Students are taught a range of topics through which they progress over the duration of the course. The courses are also reactive by delivery dependent upon current affairs. For example, the impact of the COVID 19 pandemic on macroeconomic areas, means that there would be links to these current affairs and associated theory whilst delivering microeconomics in Year 12.

Key Stage 5

Our approach to Economics is to apply economic theory to support analysis of current economic problems and issues, and encourage students to appreciate the interrelationships between microeconomics and macroeconomics.

Students develop the knowledge and skills needed to understand and analyse data, think critically about issues and make informed decisions. They will also build upon their quantitative skills and appreciate that, when evaluating arguments, both qualitative and quantitative evidence are important

Overview by Key Stage:

RSE Overview

Our GCSE in Economics introduces students to basic economic concepts and helps them develop the appropriate range of analytical, critical and reasoning skills to enable them to think as economists. They learn how consumers, producers and governments interact in markets nationally and internationally.

Economics enables students to consider why choices need to be made, how choices are made, and the implications of those choices for quality of life. Economic questions enter into all aspects of life: how wages are determined, whether taxes should be raised, how to best provide equality of opportunity in society, how to protect the environment, how to get rich, or how to use our scarce resources to satisfy needs. Economics students need to be able to understand how economic theory can be used to analyse and evaluate economic information to make reasoned judgments. Students are taught a range of topics through which they progress over the duration of the course. The courses are also reactive by delivery dependent upon current affairs. For example, the impact of the COVID 19 pandemic on macroeconomic areas, means that there would be links to these current affairs and associated theory whilst delivering microeconomics in Year 12.

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