A level

Aim of the course 

Economics is a serious, intellectually challenging subject combining analytical reasoning and an evaluative approach to issues with the study of important developments in current affairs in the UK and abroad. 

While facts play an important part, there is often no ‘right answer’ to economic questions, making it a subject characterised by informed discussion.  

We make the subject highly relevant and topical, enthusing students through making clear links to what is happening in economies right now. An understanding of the issues in the news today provides a great framework for getting to grips with complex ideas, giving students interesting examples that illustrate the theory in action. 

It is not essential to study maths A level alongside economics, but please note that many straight economics courses at university require maths A level. University courses that are economics-related or dual honours are open to non-mathematicians. A small number of university courses strongly prefer candidates with further maths A level. 

Course outline  

Through studying economics, students: 

Students cover micro and macro-economics. 

Micro: the study of how individuals, households and firms make choices, including what to buy, how wages are set, the objectives of firms and market failures. 

Macro: the study of how individual micro decisions aggregate to the national level, leading to topics such as inflation, unemployment, trade, and monetary and fiscal policy. 

Be inspired 

Increasingly, our students are enjoying great success in various economics essay competitions, such as the University of Cambridge Marshall Society essay competition and the Royal Economic Society’s Young Economist of the Year competition. Students give talks to peers at the Shackle Economics Society, and our highly popular Perse Investment Club now competes in the Wharton Business School’s Global Investment Competition.

Alongside a selection of engaging external speakers invited into The Perse to deliver lectures and seminars, we attend the annual PolEcon Student Conference to hear from top economists and politicians. Keen to connect with the arts, we have also attended shows and plays with links to Economics, such as The Lehman Trilogy. Pupils are encouraged to apply to various programs and internships such as the IEA’s Future Thought Leaders Programme.

Students can also share their research and thoughts in the Economic Persepectives magazine. See below for the first edition launched at Easter 2024.

Assessment details  

Three papers at the end of the Upper Sixth in microeconomics, macroeconomics (data response and essay questions) and economics principles and issues (multiple choice and case study analysis). 

Examining board  



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