Get Updates

This is Why you should study A-Level Economics

3 Min Read
November 04, 2022
EduALL

Are you considering taking economics in your A-Level studies? As you may have already realized, choosing your A-level subjects is crucial for your future. You need to make sure that the subjects you choose are not only beneficial for your university application but also enjoyable for the 2 years you will be studying the A-Level. Here, we will tell you why choosing A Level Economics for your further studies is a good choice. Let's get to it!

What is A-Level Economics?

In A-Level Economics, you will learn about everything related to economics. This includes the market system, market failure, government intervention, the national and international economy, and the economics of work and leisure. You will also learn about the UK economy and economics in a European context to give you knowledge as broad as possible.

Not only that, you will get a lot of skills and insight to handle modern life with a broad knowledge of economics. There are a lot of university majors and career paths where taking A-Level Economics is preferred. In some cases, it is absolutely necessary. Moreover, studying economics will give you the qualification that shows that you have the ability to analyze and understand economic and financial subjects.

Why Study A-Level Economics?

The A-Level curriculum provides you with a solid foundation in topics that you will encounter when you pursue a profession in economics or pursue university studies. It may also be beneficial to students who plan to establish a business after graduation. Many students benefit personally from possessing a basic understanding of economics, regardless of their career goals. It can help you grasp issues like inflation and the economic consequences of unemployment, which will help you navigate the real world after high school.

An A-Level education teaches pupils how to apply economic theory to a variety of real-world circumstances. Economics is an important subject that can help you gain skills to help you tackle obstacles once you graduate from university, such as determining the worth of commodities and planning for your retirement. It can also help you gain a comprehensive grasp of the impact economic difficulties have had in the past and present, as well as the tools you'll need to deal with them.

You'll most likely study specific topics and concepts related to economics within these major study umbrellas. Which disciplines are accessible to study depends on your school's individual curriculum. Furthermore, these can include the following:

  • Financial marketplaces
  • Production and efficiency in business
  • Government policy and intervention
  • The difference between economies and diseconomies of scale
  • Economics as a social science
  • The difference between production and productivity

Entry Requirements

Prior economics study or understanding is not required to begin an A-Level economics subject. All you need are the required GCSEs for admission to your chosen college. Which will almost certainly contain English and math. A good mark in both English and math can help you succeed in your studies, with a B or better being desirable. Even though economics isn't solely a math course, students with a C or lower in math may find it difficult to keep up. Furthermore, an interest in economics, logical thinking, problem-solving skills, and debate skills are all helpful in this study.

Economics is an important subject for all students. It gives you the tools to think about the world in a structured way. Also, you will be able to understand how to influence it with your choices. In other words, economics teaches you how to be a citizen of the world. The knowledge gained by studying economics at the A-Level will serve you well in your future career, whatever that may be.

Are you planning to take the A-level program? If so, choosing a handful of subjects isn't a decision you should take lightly. The A-levels you pick now can impact what you do later, especially in top university applications.

Download “The Complete Guide In Choosing A-Level Subjects” Guidebook to help you select your subjects wisely!

What do you think? Need further guidance? Consult with experts on how to choose the most suitable A-Level subject here!

Let's #TakeOnYourFuture with ALL-in Eduspace! Remember, #itsALLintheprep!

SIGN UP FOR A FREE INITIAL CONSULTATION

More