Economics offers a unique insight into how the world works and will help students to understand many of the big questions facing people today, such as:
Why is petrol so expensive?
What is austerity?
How can industry tackle global warming?
Why are there cutbacks? Economists are some of the best paid men and women in the UK, with salaries second only to medicine (Source: IFS).
Economics provides students with the skills to analyse and evaluate issues to a high standard. This subject is therefore of particular interest to students who seek answers to a range of topical questions and also to those who aspire to careers in stimulating and rewarding sectors of the economy. Economics provides students with the skills to analyse issues to a high standard and provides an excellent foundation for higher education in such areas as Economics, Finance, Business, Management and Accountancy, Politics and Philosophy.
As an Economics student, you can also take part in national competitions such as the Bank of England's Target 2.0 competition, Stock exchange challenge and The Young Economist of the Year competition. Guest speakers and trips are arranged in tandem with BTEC Business as a whole department - trips have included - Krakow, Prague, Budapest.
There are written examinations in each year, which cover the content of the specification. The 1st year examination doesn't count towards the final grade; however it does set a good basis for your continuation on the course for your second year.
To ensure you are picking a suitable course, I would suggest that you read up on economics with this suggested reading list. A range of books are given below covering different areas we would cover on this course. This will not only kick-start your understanding of the topic area. But also give you an idea of the course as a whole
1) Narrative Economics - Robert J. Shiller
2) A Crisis of Beliefs: Investor Psychology and Financial Fragility - Nicola Gennaioli and Andrei Shleifer
3) Narconomics: How To Run a Drug Cartel - Tom Wainwright
4) Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist - Kate Raworth
5) The Club: How the Premier League Became the Richest, Most Disruptive Business in Sport -
Jonathan Clegg and Joshua Robinson
5 GCSEs at Grade 5 or above (A*-C)
Maths and English Language at Grade 6 (or B)
After Your Course
Many students who enjoy, and successfully complete, this subject typically progress onto a range of degree courses including: Economics and related degrees. Economics students develop the kind of skills that employers demand and often progress to work for large corporations, banks and the government. A qualification in Economics can also be valuable support in a career like marketing, law, journalism, retail or teaching.
Course fees are per year. The current fee information is related to the 2019/20 academic year and is subject to change before the start of the course. Fees for 2020/21 will be updated in the Spring Term. There may also be additional costs associated with the course.
This course is funded by the government and may be free if you are:
- Aged 16-18 on 31/08/19
- Aged 19-23 on an Entry Level or Level 1 course with intent to progress to a Level 2 course
- Aged 19-23 on your first full Level 2 or Level 3 course
- Aged 19-23 on your first Level 4 course (if you haven’t already got a Level 3 qualification)
- Aged 19+ on Functions Skills or GCSE English or Maths
- Unemployed and in receipt of JSA/ESA(WRAG)/Universal Credit or another eligible state benefit on an Entry Level, Level 1 or Level 2 course
- Member of a low income household & in financial hardship on an Entry Level, Level 1 or Level 2 course
Level 3-6 Courses for Adults
Advanced Learning Loans are available for students aged 19+ and studying an eligible Level 3/4/5 and 6 Course. If you are on an Access course, the loan will be written off if you complete a degree.
Please speak to Student Services for more information on course fees.