Bolton School Sixth Form Boys

Economics

Why Study Economics at Bolton School?

You will be taught by highly experienced and passionate subject specialists, who inspire and impart enthusiasm for the subject, with the vast majority of students continuing to A-Level study and beyond.

Don`t take our word for it

“The fact that I have derived so much joy from my study of economics has been largely down to the fantastic teaching that we have here. Many of my economics lessons were amongst the most interesting and enjoyable that I have had the opportunity to take part in during my time at school.” Nick Davies: School Captain 2010/11 

“I am sure I speak for the rest of the year group in that your lessons will be right up there with the best memories that we have of Bolton School.” Pranjal Arja: Gained a 1st class honours degree from Cambridge in Economics 2014

What will I study?

Economics teaches students to think logically and to use theories to understand how economies like the UK economy operate. At the centre of the subject is the question of how we divide up our scarce resources and how decisions resulting from this affect us all – in other words who gets what and why? It therefore studies all of society and the activities of various groups and institutions within it. The macroeconomic part of the course is what most people associate with economics. This includes economic growth, inflation, unemployment and international trade, and the difficulties that UK Governments face when they attempt to steer the economy in their chosen direction. 

Desirable requirements

A-Level Economics requires a reasonable level of numeracy but it is not mathematical. The main skill that a good economist needs is the ability to analyse economic data, to interpret graphs and tables, identify trends and explain these using economic theory. The ability to see how one part of the economy e.g. the demand for cars, may affect other parts e.g. the demand for steel, is also important. This requires a clear mind and an ability to think and analyse logically and to write good English.

How will I be assessed?

AS Examination (2 papers) – (internal examinations only)

Component 1: Operations of Markets  / Component 2: The National Economy (Exams at end of AS course)                                   

Each paper is:

1 hour 30 minutes & represents 50% of the total AS marks. Each exam includes: 15 multi-choice questions, 1 data response question, 1 essay (from a choice of 2)

A-Level Examination (3 papers)

Component 1: Business Economics  / Component 2: The National and International Economy / Component 3: Synoptic paper  (Exams at end of A-Level course)

Each paper is 2 hours and represents 33.3% of the total A-Level marks. Papers include: multi-choice questions; data response questions; essay questions (with some variance between exams). 

Where will it lead?

Economics is recommended for students who are considering a variety of careers including accountancy, banking, insurance, stockbroking, management, administration, marketing, advertising and government, and can be usefully combined with both Arts and Science subjects. Or simply as a enlightening subject to complement any other choices.