Economics is a dynamic and thought-provoking social science that provides opportunities to explore the latest economic theory in a local and global context. At Ffynone House, economics is offered in the Sixth Form, enabling students to develop new insight into how society operates, from day-to-day decisions made by consumers and businesses to macroeconomic issues at national and international levels.
If you have ever wondered why petrol is so heavily taxed, what influences the rate at which you change one currency to another, or why half of the World’s wealth is in the hands of 1% of the population, then studying economics will be of interest to you.
Economics explores the fundamental problems of how human and physical resources are developed and deployed to produce the goods and services society needs for survival, comfort and fulfilment. Students develop an understanding of why solutions to economic issues are not simply black or white, and lessons include lively discussion where personal opinions and conjecture are keenly debated.
The subject is intellectually demanding and requires a good level of numeracy. Our economists develop strong analytical skills by interpreting data, identifying trends and relating these to economic theory. The ability to provide a clear explanation in reports and presentations is also a key skill that demands good quality English. The requirement for logical reasoning is one of the reasons economics is a popular subject with scientists and mathematicians. Equally, psychology and English students find the behavioural element makes the subject unique and interesting.
Expert visiting speakers from a range of backgrounds give insight into real-world economics, and a variety of relevant trips are organised.
Economics is an intriguing subject that is fundamental to the way society operates. Economists are highly sought after in wide range businesses and organisations, including charities consultancies and academia. Many Ffynone House students go on to pursue economics at university, leading to career opportunities in banking, insurance, accounting and financial services. It is also a subject that has been studied by many leading corporate executives and politicians.