Economics
Economics at Stanborough offers students the chance to study and learn about how the economy works, both on a Micro and Macro scale. Students are encouraged to apply their economic understanding to the real work and to make sense of real-life events using their knowledge of the subject.
The subject is topical, relevant and exciting. Students learn to see the real world through the eyes of an economist. The so-called ‘Dismal Science’ can be applied to virtually any scenario from making personal life decisions to solving world poverty and everything between!
Head of Department: Mr T Braybrook
Email: tbraybrook@stanborough.herts.sch.uk
What will Students Study
At Key Stage 5, students will study a variety of micro and macro economic topics ranging from how markets work (and fail!), the international economy, trade, labour markets, inequality, industrial economics and how the macro economy works.
How can I support my child in this subject?
Students will receive homework to be completed every week. On top of this, they should spend time reading through and consolidating their class notes along with reading the relevant sections of the textbook.
Talking to your child about the subject and getting them to explain it to you in their own words is very useful. Students should also be looking at economic stories on the web and on TV news on a regular basis. Again, talking to them about these events is useful to help develop their understanding.
What equipment does my child need in this subject?
The core textbook for Year 12 and 13 is essential. Students will need coloured pens, a ruler, a pencil and access to a calculator.
Celebrating success in this subject
Many students have gone on to study economics related degrees to a high level. Former Stanborough students now hold senior positions in the Bank of England, The Department of Transport and a number of large UK FTSE 100 industries.