Economics

Scope of business economicsThe economic world plays a substantial role in the way we live. Therefore, we aim to allow students to develop an understanding of core economic concepts and their use to analyse and evaluate real world problems. Throughout the course we would like students to develop an enquiring, critical and thoughtful approach to the study of economics and the ability to think as an economist.

Economics at Bartholomew is taught as a Key Stage 5 subject.

If you have any questions about our curriculum please contact us via the main office or use our Enquiry Form.

Main topics covered

YEAR 12    

Introduction to markets and market failure

This theme focusses on microeconomic concepts:

  • The nature of economics
  • How markets work
  • Market failure
  • Government intervention

The UK economy – performance and policies

This theme focusses on macroeconomic concepts:

  • Measures of economic performance
  • Aggregate demand
  • Aggregate supply
  • National income
  • Economic growth
  • Macroeconomic objectives and policy

YEAR 13

Business behaviour and the labour market

This theme develops the microeconomic concepts introduced in Year 12 and focusses on business economics:

  • Business growth
  • Business objectives
  • Revenues, costs and profits
  • Market structures
  • Labour market
  • Government intervention

 A Global perspective

This theme develops the macroeconomic concepts introduced in Year 12 and applies these concepts in a global context:

  • International economics
  • Poverty and inequality
  • Emerging and developing economies
  • The financial sector
  • Role of the state in the macroeconomy

Examination Board and Specifications

Please also refer to our Exams page for further information.

Key Stage 5

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