Economics
In Year 12, students are introduced to economics as a powerful social science for understanding how societies allocate resources and make decisions. They explore how markets work, including supply and demand, price determination, costs, revenues and profits, alongside the measurement of economic performance through indicators such as GDP. Learning then expands to market failure, government intervention, and macroeconomic policy, before examining market structures and global trade. Throughout the year, students develop analytical chains of reasoning, interpret data and diagrams, and practise extended exam responses using real-world case studies. By the end of Year 12, students can analyse economic issues, evaluate government policy and communicate clearly using the language and methods of economists.
In Year 13, understanding deepens into inequality, labour and financial markets, poverty, behavioural economics, globalisation, economic development and competition policy. Students refine advanced evaluation and essay-writing skills through mock examinations and sustained revision, applying theory to contemporary global contexts. By the end of the course, they can interpret complex data, construct balanced economic arguments and respond confidently to the full range of examination questions, preparing them for university study and careers in finance, business, government and international development.