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"I enjoy Economics because it shows how different economic groups/agents (consumers, producers, Government etc.) are effected by our changing economy on a daily basis. Economics is a valuable subject for everyone to understand as we are all impacted by the changes in the economy which affect everyone's lives. So far, I have enjoyed course thoroughly and learnt about Inflation, Economic growth, Elasticity of Demand & Supply and so much more".
What is Economics GCSE?
What is Economics GCSE?
Course description
Course description
The GCSE course is concerned with the way in which the world’s scarce resources are used by individuals, firms and governments.
Course structure
Course structure
Unit 1 Introduction to Economics:
This unit introduces learners to the fundamental economic terms and concepts. Learners will apply these to investigate and explain how markets work in contemporary and historical economic contexts. They will study the different roles and perspectives of the main economic agents (consumers, producers and the government) and how they interact in the economy. Learners will develop the ability to use and interpret quantitative data to justify economic decisions. They will learn to appreciate that all economic choices have costs and benefits. This will encourage them to consider moral, ethical and sustainability issues that arise as a result of the impact of economic activity in a range of national and global contexts.
Unit 2 National and International Economics:
This unit provides learners with an understanding of the main economic objectives and role of the government in achieving them. Learners will investigate the effects of economic policies on markets. They will use and interpret quantitative evidence, such as unemployment figures, in contemporary and historical economic contexts. They will learn to appreciate the importance and impact of international trade by analysing data such as quantitative information on exports and imports. Learners are encouraged to consider moral, ethical and sustainability issues that arise as a result of the impact of economic activity in a range of national and global contexts.
Each unit is assessed through a 1 hour 30 minutes written exam (each of 50% weighting).
Qualification: GCSE in Economics
Curriculum Leader: Miss H Johnson
harriet.johnson@riddlesdown.org
"Economics had taught me so much about the world around me, and why things work the way that they do. It's a very insightful and interesting subject, where topics tend to link together and you can see connections between them. This helps your understanding even more, making it even more enjoyable!! As well as this, it’s not all essays and silent work, you can work in pairs or groups, depending on the situation, to put together a piece of work".
"Economics as a subject has added the variety and knowledge that I've needed to my secondary school life. It's a fun subject that combines many fun aspects from others. The economics teachers at Riddlesdown are passionate, funny, and care about each lesson. Economics as a subject can be applied across a vast field of jobs and it helps you better understand the way countries function financially".
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