Main Aims:
- Develop an understanding of economic concepts and theories through a critical consideration of current economic issues, problems and institutions that affect everyday life.
- Apply concepts and theories in order to gain an understanding of what happens in the world around them.
- Develop methods of enquiry and draw on data from local, provincial, national and international sources in order to support their views.
- Develop such skills as Communication, Information Technology, Application of Number and Problem Solving.
- Develop skills and tools to assess some of the most crucial current day issues such as unemployment, congestion, poverty and changes in the way countries are running their economies.
- Gain an understanding of such issues as: why particular jobs are available, why some people earn more than others, why different goods are priced the way they are, why poverty exists, what shapes the lives of people who live in different parts of the world.
Extra-Curricular Activities:
Year 13/14 students participate in the BWD Rensburg Fantasy share Race competing with other schools from Northern Ireland . The teams compete fro the best return on a fictional portfolio of investments. The idea is to give students a greater understanding of investment, quoted companies and the stock market as well as hands on experience of managing a portfolio.
Year 13/14 students also participate in the Irish Independent Setanta Asset Management Student Investment Challenge.
Economics Topics
AS/A2
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AS Year 13
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A2 Year 14
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Markets- how they work
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Industrial economics
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Markets- why they fail
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Labour markets, Economic development
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Managing the economy
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The UK in the global economy
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Textbooks
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Economics AS Level by Alain Anderton
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Economics by Alain Anderton
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Markets and Market Failure by Stephen Munday
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Labour Markets by Geoff Hale
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A-Level Handbook
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Past-Paper Booklets
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