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Why study Economics A-level?

01 May, 2022
Why study Economics A-level?

Economics is not simply all about numbers. It is the study of the world around us from a social, financial and cultural perspective, gaining an understanding of economic theories and interrelationships between macro and micro economic issues.

Whilst Economics is not listed by the Russell Group as a 'facilitating subject', it is a highly regarded academic field of study which can provide the underpinning knowledge, awareness and skills to progress to a wide range of further studies and professions.

What will you study within A-level Economics?

Specific content covered within A-level Economics may vary from school to school, and depending on the exam board followed. Within the AQA specification, topics covered may include 'Economics as a social science', the difference between production and productivity, the difference between economies and diseconomies of scale, market structure and differing objectives among firms, the price mechanism, AD/AS analysis, aggregate demand, fluctuations in economic activity and economic growth, inflation, monetary and fiscal policy, how and why governments intervene in markets and why, the Quantity Theory of Money, and the role of the WTO.

What skills will you get from studying Economics?

You will develop your analytical, numeric, communication and problem solving skills and cultural awareness.

What careers can the study of Economics lead to?

Economics can lead to a wide range of careers in Economics and Finance-related professions including: Accountant, Actuarial Analyst, Chartered Accountant, Data Analyst, Economist, Finance and Banking, Financial Risk Analyst, Financial Planner, Forensic Accountant, Investment Analyst, Statistician, Stockbroker.

In addition, the knowledge and skills learned would also be useful for careers including: Actuary, Business Analysis and Development, the Civil Service, Data Science, Diplomacy, Economic and/or Political Journalism, Government and Politics, Management Consultancy, Policy Development and Management, Quantity Surveying.

Top 20 universities for Economics
The Times and Sunday Times Good University Guide 2023

1 University of Warwick
2 London School of Economics and Political Science
3 University of Cambridge
4 University of Oxford
5= University of Strathclyde
5= University College London
7 University of St Andrews
8 University of Glasgow
9 Durham University
10 University of Exeter
11 University of Birmingham
12= Loughborough University
12= University of Leeds
14 University of Nottingham
15 University of Liverpool
16 = Lancaster University
16 = University of Surrey
18 University of Edinburgh
19 University of Southampton
20 University of East Anglia

Below are real-life examples of what university degrees studying A-level Economics, in combination with other subjects, can lead to.

Economics/ Maths/Geography University of York Economics
Economics/ Maths/ Further Maths University of Warwick Economics
Economics/ Maths/ Further Maths Heriot-Watt University Computer Science
Economics/ Maths/ Geography LSE Government with Economics
Economics/ Maths/ Physics Durham University Accounting and Finance
Economics/ Maths/ Further Maths University of Warwick Economic Studies with Global Sustainable Development
Economics/ Maths/ Further Maths/Geography UCL Maths with Economics

For more details on the Economics A-level and syllabus, take a look at our subject pages here.