Why study economics?
Money makes the world go round, and economics will teach you how money works. From individual decisions about how much somebody is paid or how much something costs, to national issues like unemployment and economic growth you will understand the factors that determine economic decisions. Businesses and individuals can use their economic knowledge to predict the future and make profitable choices.
What will I be learning about?
In your first year you will study the forces driving the UK economy and the way the UK government can, or sometimes must, make policies to support economic growth whilst protecting individual citizens. In your second year you will examine the way companies compete with one another and the reasons why some companies and countries are more successful than others.
Where will this lead?
The most natural destination for economists is the world of finance, but a robust understanding of the economy is useful for careers in law, journalism, politics and business. Economics is highly regarded by universities and employers because of the analytical skills it teaches. It is worth noting that the average economics graduate commands a higher starting salary and is more likely to make it into ‘elite’ graduate jobs like management consultancy than graduates from other subjects.
How will I be assessed?
Assessment is entirely through essay-based examinations.
What are the entry requirements?
Eight grade 9-4 at GCSE level including level 5 in English and mathematics. Just as importantly, you must have an interest in knowing how the economic world works.