Economics is a social science that studies how individuals, firms, governments and other organisations make choices and how these choices determine the way in which resources in society are allocated. Such choices may include how firms decide to price their goods, how the Bank of England sets its interest rate and what goods economies decide to specialise in producing. The subject is a multidimensional and dynamic discipline that is continually evolving, making it the perfect choice for those students with intellectual curiosity and passion for discussion. Students will get the opportunity to develop their knowledge and understanding of some of the key economic theories and concepts and apply them to a range of real world contexts. The department currently follows the Edexcel course which challenges the students academically and provides a firm foundation for those wishing to continue to study the subject at university level.
Our aim within the department is to enrich students through a variety of opportunities both inside and outside the classroom. The Political Economy Society remains one of the most popular societies at the school in which both outside speakers from the field and current students discuss topics from the social science discipline. Notable past speakers include Paul Mason (BBC Economics Editor), Chris Giles (Economics Editor of the Financial Times) and Andrew Lilico (Director of Europe Economics). In addition to this, students undertake an extended essay project which they submit to the Young Economist of the Year competition and also compete in the Bank of England Target 2.0 National Competition. For those with ambitions to study an Economics-related degree at Oxbridge, the department runs a 10 week intensive programme followed by practice interviews and feedback sessions. At the end of Year 12, students have the opportunity to go on the Economics trip to Washington and New York and visit the World Bank and Federal Reserve.
Mr J. Greenwood
Head of Economics