Economics is our drive, our struggle, our passion, our world. Economics almost seems like magic. It’s part mathematics, part sociology, part psychology, and part clairvoyance. It’s people trying to predict future trends and human behaviour in an ever-changing world. And it’s everywhere.
At Chase Grammar School, we want you to come away not thinking about big banks and Wall Street, but about scarcity, poverty, freedom, and equality. We want you to think about everyday lives, how they relate, and what we can do to improve them. Grow your critical thinking skills, make connections, and master the true universal language.
The main goal of the economics program is to train students in the “economic way of thinking” and to use economics as a tool to understand, analyse, and solve problems in all walks of life.
Students are provided with rigorous training in neoclassical economics and an exposure to contemporary British economics, cultural economics, public choice theory, law and economics, urban economics, and behavioural economics. Students have the opportunity to develop their quantitative skills. The program also exposes students to a wide range of policy issues concerning the role of government, economics and the arts, cities and culture, political economy, and international issues.
The study of economics can help individuals, groups and societies make choices that assist them to improve their quality of life. The discipline of Economics has a theoretical basis and we often debate the relative merits of different theories when assessing economic issues and proposing solutions to economic problems, including economic modelling.
Discussion of economic issues dominates the media and politics. By understanding economics, students can make informed judgments about issues and policies and participate responsibly in decision-making.
Higher Education and Career Options
You can progress from this qualification to higher education courses such as economics degrees with a focus on theory, or degrees in applied economics such as environmental economics, labor economics, public sector economics or monetary economics. Alternatively, you may choose to study a business economics, mathematical economics or business degree.
Careers range from finance, banking, insurance, accountancy, management and consultancy, to becoming professional economists.