Economics is a study of wealth creation and resource allocation with reference to consumer and producer behaviour within a given economic system.
The nature of this course is very much about developing students’ powers of analysis and evaluation within an economics context. Economics theory underpins everything that students experience but this is essentially an applied course. The subject content is brought to life using case material relating to real issues of the day. Perhaps most importantly, economics students are encouraged to value the theoretical framework that enables meaningful conclusions to arise from unclear situations – the very essence of rigorous study in this social science. A full appreciation of economics issues enables one to cope with the vast array of grey areas that exist in the modern world.
Economics is taught at AS or A Level only, in well-equipped classrooms using a range of learning activities and resources. The department organises trips, speakers and competitions to enhance the overall experience and is responsible for supporting Enterprise Wellington, our own events organisation business that is available to all Lower Sixth students.