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Economics

at Wood Green School · school or sixth form

Level 3A levelsGCE A level2 yearsFull timeFree

What the college says

Economics is a social science which helps explain how society can make best use of scarce resources, and how issues such as unemployment, poverty and recessions can be tackled by government. Economics offers an analytical way of thinking which opens eyes to the way the world works. You are taught a set of academic theories and concept to use in order to analyse and evaluate some of the most important issues facing our society. For instance, you will understand arguments for and against: • Government use of taxes and regulations to reduce market failures, such as pollution • allowing drug companies to make large profits from selling life-saving drugs that some cannot afford • the causes of and potential solutions to unemployment and inflation • how developing countries can reduce poverty by accepting aid and/or multi-national investment • the benefits and drawbacks of globalisation You will also research issues facing countries and trading blocs such as the EU in the world today. Economics complements science and humanities courses. Economics and Mathematics or Economics and Physics are popular combinations. Similarly, Economics and Business Studies, Geography or Politics are useful complements, assessing similar content from different perspectives. Economics develops your ability to think strategically, and so is a highly-valued subject in future courses of study and future jobs. Typical careers and courses include Banking and Finance, Accountancy, Civil Service, Industrial E

What you need to get on

Grade 5 or above in GCSE Mathematics. No previous knowledge of Economics is required, but an interest and willingness to follow current affairs and world news are essential.

How you are assessed

Academic subjects, mostly exams, three or four at once. The traditional route to university.

What this level means

The A-level-equivalent step, and what universities and employers ask for.

Is it open to 16 to 18 year olds?

Approved for 16 to 18 study on the government's Section 96 list.

Where it runs

  • Wood Green School

    Woodstock Road, Witney, OX28 1DX

    DaytimeClassroom based
    Check the journey

Start dates

  • 1 September 2026 · Witney

Who else teaches this exact qualification

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