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Economics
Economics is the study of how societies create wealth and income and some of the unintended consequences in the pursuit of economic growth.
Why study Economics?
Economics is a hugely respected, fast growing course. It is an exciting time to study Economics. Whether you are concerned with global warming or global trade, or the potential impacts of Brexit you can’t get far without knowledge of Economics!
What will I study?
Economics is split into two key areas of study. Microeconomics focuses on markets and market failure and macroeconomics focusses on national and global economies. The course is split into four themes:
- Markets and market failure
- The UK economy–performance and policies
- Business behaviour and labour markets
- A global perspective
Entry requirements
No specific entry requirements (other than the College entry points) but there is essay writing and Maths skills needed for this subject
Which exam board & how will I be assessed?
Edexcel
Three 2-hour exams at the end of the second year.
Where could it take me?
Studying A-level Economics can open doors to many exciting opportunities. Many students progress to economics and business-related degrees at top universities, including Russell Group institutions like Cambridge, Oxford, LSE, Manchester, and Warwick. These connections provide excellent support and guidance. Our alumni network spans prestigious careers, from the Bank of England to leading investment banks, offering valuable advice. Additionally, numerous students have secured competitive apprenticeships with renowned organizations such as KPMG, PWC, BAE Systems, and MBDA. With A-level Economics, you can build a strong foundation for a successful career in finance, business, or economics.
For further information on careers in Economics, please visit:
What can I do with an economics degree? | Prospects.ac.ukTo explore top-ranked universities for studying Economics and view available courses, please visit:
Best UK universities for economics – league table | Economics | The GuardianTo see the current jobs available with a Economics degree, please visit:
9 Economics Degree Jobs: Salaries, Duties, Requirements | Indeed.com UK
Subject combinations
Economics goes well with all English courses, Politics, History, Law, Business Studies, Geography, Philosophy, Maths and the sciences. International economics courses are growing in popularity so they can be studied alongside languages.
What support is available?
As a department we offer continual support to our students, whether it is highly specialised exam support, answer structure or a university application. If you need a little extra help, we offer daily drop in tutorials so you can discuss any problems you may be having.
What extracurricular activity is available?
To gain first-hand experience of real-world businesses, recent trips have been made to London, the Port of Liverpool, Patak’s, Bank of England, Warburton’s, Jaguar Land Rover and Amazon. The wide variety of activities include the opportunity to continue our tradition of success in the nationally recognised Young Enterprise Company Programme. There are also a large number of external talks from local business owners, university lecturers and past students who now work for large multinational businesses focused on topics such as franchising, setting up a business and management accounting. A competitive spirit is also encouraged through the Student Investor Stock Market Challenge.
Did you know?
We have close links with Manchester University who offer an 8-week course in the second year to support Winstanley College students who are considering economics at degree level.
We support students through their Oxbridge application and offer bespoke mock interviews. Last year 2 students were accepted onto economics-related Oxbridge courses.