Economics at St John's is an Advanced Level subject only, leading to an AS qualification in the Lower Sixth and an A2 in the Upper Sixth.
During the course students will:
- Develop an interest in, and enthusiasm for, the study of the subject;
- Appreciate the contribution of economics to the understanding of the wider economic and social environment;
- Use an enquiring, critical and thoughtful approach to the study of economics and develop the ability to think as an economist; and
- Develop skills, qualities and attitudes that will equip them for the challenges, opportunities and responsibilities of adult and working life.
Economics begins by looking at some of the economic decisions we all make in our lives. We move on to looking at different types of market, before considering the economy as a whole. We discuss methods of improving as an economy, the British economy and then the International economy. We can then review the economic claims made by politicians.
Economics teaches how markets work, and how they sometimes fail. Students will come to understand the reasons behind many of the problems facing the world today such as unemployment, inflation, taxation, interest rates, international trade, rich and poor countries and the issues raised by a increasingly integrated global economy.
We aim to bring this subject to life and inspire interest and enthusiasm from our students through a number of trips and speakers. By exposing students to experienced and insightful academics and practitioners they are able to gain a much richer contextual understanding of their subjects and that this will translate into strong examination results. The course is enhanced by trips to the Bank of England, and the London Metal Exchange. Pupils also take part in a Business Breakfast; ‘Have I got News for St John’s’ – a business and economics forum; and a School Speaker Circuit, where successful entrepreneurs and business experts speak to students about their experiences.