Economics

The Bishops economics course is designed to:

• provide a coherent combination of microeconomic and macroeconomic content, drawing on local, national and international contexts;
• foster an appreciation of economic concepts and theories in a range of contexts and their value and limitations in explaining real-world phenomena.

It requires candidates to:

• develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life;
• select, interpret and use appropriate data from a range of sources;
• analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it;
• develop a critical approach to economic models and methods of enquiry;
• study economic choices and markets;
• study the national and international economy.

The aim of the course is to encourage candidates to:

• develop an interest in, and enthusiasm for, the study of economics;
• appreciate the contribution of economics to the understanding of the wider economic and social environment;
• develop an understanding of a range of concepts and an ability to use these concepts in a variety of different contexts;
• use an enquiring, critical and thoughtful approach to the study of economics and develop the ability to think as an economist;
• develop skills, qualities and attitudes that will equip them for the challenges, opportunities and responsibilities of adult and working life

Prior Learning/Attainment requirements:

No prior knowledge of the subject is required. The course builds on, but does not depend on, the knowledge, understanding and skills learned in EMS. It is STRONGLY recommended however, that candidates attain at least 70% in both English and Mathematics in Grade 9 before contemplating taking the course.

All prospective candidates will be expected to write an aptitude test at the end of their Grade 9 year before being accepted onto the course.