The study of Economics is all about the allocation of scarce resources, or who gets what, why, where and how. Economics gives us an understanding of how and why we place values on the things in our lives. It can explain why global financial crises arise, why a cup of coffee costs £2.20 in Starbucks but only 85p in the local café, and why footballers get paid $$$ but nurses only $. Economics will give you the tools to understand the world around us, from the actions of governments, to the decisions of people in the biscuit aisle in Sainsbury's.
Economics is a popular Sixth Form choice. Globalisation, employment, inflation, consumption, growth and financial planning are issues which affect all of us. The subject helps girls to develop a wide range of skills - knowledge, debate, analysis, synthesis, evaluation and organisation.
Economics is taught in small groups by a specialist teacher in a dedicated room in the Sixth Form Centre. It can be chosen in conjunction with any other combination of subjects, but links particularly well with Geography, Politics and Maths. Many girls go on to study Economics related degrees, such as straight Economics, Banking and Finance, Econometrics, PPE, Economics and Management and International Relations, at a wide range of universities.
All girls take part in a student investor share trading challenge, where teams of four invest a virtual £100,000 in a share portfolio with a chance of winning cash prizes and a trip to New York. Girls also enter the annual RES Economics essay competition as well as various other essay competitions throughout their period of study.
Ania Cox is the Head of Economics and Business Studies. She has a Business Economics and Finance degree from Loughborough University and has been a teacher for over 15 years. She is also a Senior Examiner for AQA.