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Preference Subject
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Recent financial events have led to economics being in every news bulletin!
Failing banks, falling house prices, rising energy costs, increasing unemployment
and recession are in the news. Students studying Economics at GCSE will be
expected to be aware of current issues and have an interest in why they have
occurred and what solutions are available.
The sharing of ideas and opinions is an important part of the Economics course. Students
are encouraged to develop their own point of view on a wide range of issues. Study of
Economics will provide students with a body of knowledge which should enable them to
make sense of the economic events they encounter throughout their life.
From September 2009 we will follow the AQA specifications in Economics; the structure of
the course is outlined below.
There are two equally weighted modules that are assessed by external examination. Each
examination will be 1 hour 15 minutes in duration.
Personal Economics
This will consider issues from the individual perspective, topics to be covered will be:
Managing your money
The world of work
Problems and consequences of unemployment
National and global economy
Investigating Economic Issues
Economic objectives of the government
The economy at work
The role of the EU
Current economic issues. This will involve a study of two issues in depth, to be chosen
by the examination board.
GCSE Economics will prepare students for study of the subject at AS and A Level but is
also a valuable GCSE in its own right. The understanding of economics will be valuable
in a wide range of jobs, not only those in the financial sector.
