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Economics

Studying Economics at Bow Sixth Form

Exam Board: Edexcel

Entry Requirements: A minimum of a grade 6 in five subjects at GCSE, including Economics or Maths.

Why study this course?

Economics helps you understand the world around us and the forces that shape our everyday lives. You will explore how individuals, businesses and governments make decisions, from how prices are determined to the way economies respond to challenges such as inflation and unemployment. If you are someone who has a sense of
curiosity for how the world works, economics may be the subject for you.

What will I study?

In Economics, you will explore how markets work, how governments manage the economy, and how global issues shape our world. You’ll learn how supply, demand and prices interact, how firms make decisions and compete, and how they employ workers. You’ll understand taxation, government spending and economic policies, as well as inflation, unemployment and economic growth. You’ll explore international trade, globalisation and exchange rates, and understand why markets sometimes may not work effectively. You’ll also learn to interpret graphs, statistics and economic information, while developing skills in applying theories, building arguments and evaluating economic issues.

What skills will I gain and where will this take me?

Economics explores how individuals, businesses and governments make decisions when resources are limited. You will develop skills in analysing data, using economic models, evaluating different viewpoints and applying theory to real-world issues and current events. Whether you are interested in business, finance, politics or current affairs, Economics provides a strong foundation for further study and a wide range of future careers.