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Information
Danbei Xu
DLD student
Studying Economics is like learning to play the piano, easy at first but very challenging as you progress. You need to work hard but the subject is very interesting and relevant. In DLD I have been lucky to have great teaching which was knowledgeable and responsive to our needs
Economics
What is Economics?
Economics is the study of how resources are allocated and how economic theories have an enormous impact on society. For example, the decisions past and present of the Greek Government have led to serious social unrest and doubts about the future of the Euro. In addition to these macroeconomic issues, the subject considers simple decisions by firms such as whether or not to raise their prices.
The subject is highly respected by universities as it offers students the opportunity to improve their analytical and evaluative skills and helps them develop an ability to work with Mathematics and to show excellent written analysis.
What is Economics @ DLD?
At DLD, we teach mainly through discussion; there is very little dictation (although, of course, we will ensure you have comprehensive notes). Our aim is to help you understand Economics and to be able to do more than just regurgitate notes in an examination. We want to teach you to think like an economist.
We regularly set work which will be carefully assessed and our feedback will be well considered and detailed.
How is it assessed?
| Weighting | Format | ||
| Unit 1 | Competitive Markets, how they work and why they fail | 25% (50%) | Exam |
|
Unit 2 |
Managing the Economy | 25% (50%) | Exam |
| Unit 3 | Business Economics and Economic Efficiency | 20% | Exam |
| Unit 4 | The Global Economy | 30% | Exam |
What do I need?
You should be keen to take on a new subject to study. You do not need to have studied Economics at GCSE.
Good subject combinations
Economics can complement any subject at A level. It works well with science courses as it uses similar processes but adds sophisticated writing skills to your repertoire of talents. It works well with humanities like History but develops a more scientific approach. Economics could also be a good fourth subject for a student trying to build a broad portfolio of subjects.
If you think that you might want to continue to study Economics at university, you will really need to take Mathematics at A level.
After DLD
Economics will support any student's application to study any subject in university. Medics, for example, will study three sciences but having Economics as a fourth gives candidates a wider range of knowledge to offer a medical school.
Economics at university is a demanding, exciting and highly respected degree. Few students with good degrees in Economics have any difficulty in finding employment.
Questions
Can I do the course in one year?
YES
Is Easter Revision available? YES
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