The Economics department aims to provide a learning experience that is topical, inspiring, stretching and enjoyable.
WHY IS ECONOMICS EXCITING AT CLSG?
The CLSG Economics department works hard to ensure learning takes place in an environment which is both supportive and non-judgemental. Most lessons are discussion based and encourage students to develop an ability to develop their own opinions using economic theory with logical analysis.
Teachers use both current affairs and historical examples to introduce topics and to support students in their efforts to apply the theory to real life situations. In order to foster a knowledge and understanding of recent economic affairs, the department uses a wide variety of stimuli ranging from newspapers, magazines, lectures, current books, etc. Alongside teaching new concepts, the department endeavours to develop transferrable skills in students like an ability to conduct an inquiry independently and be resilient when faced with obstacles.
There are weekly enrichment sessions for those Year 13 students who would like to explore the subject beyond A Level. These lessons include an exploration of the links with economics and other academic disciplines including ethics, psychology and politics.
Gaining a better understanding of the causes and consequences of recent economic events has become essential to being able to participate in the decisions we make as a society. Studying A level Economics at CLSG provides an excellent vehicle to achieve this. Lessons are mainly discussion based and focus on using relevant and exciting examples to gain clarity and depth of knowledge.
Students develop the ability to form their own opinions using economic theory with logical analysis, while being given extensive support in a non-judgemental environment. They are encouraged to read articles in newspapers and journals so that they can engage with current controversies.
A Level: Edexcel
RECENT TRIPS/LEARNING ACTIVITES
All Year 13 students have the option of taking part in a competition called "Target Two Point Zero - The Bank of England and The Times Internet Rate Challenge". For this, a CLSG team undertakes research to predict what will happen to UK inflation rates. The team makes a decision on what the Bank of England should do with interest rates and quantitative easing to try and ensure inflation hits the 2% target. Four students report back to the Bank the findings of their research in a 15 minute presentation. This is a superb opportunity to learn how to discover, handle and present significant quantities of complex data and get a much better idea of how the economy functions. In the last few years, CLSG teams have reached the London final three times.
CLSG economists have had success in the prestigious Royal Economic Society essay competition as well as the Institute of Economic Affairs essay competition. CLSG essay entries have made it through to the national final and received commendations.
The school makes use of its links with The City of London to organise various speakers that have a great deal of relevance to economic students. These talks are usually open to the whole of the Sixth Form rather than just A Level economists. Recent speakers have included author and journalist, Tim Harford; former Deputy Governor of the Bank of England, Paul Tucker; and President of the Adam Smith Institute, Dr. Madsen Pirie.
Our location also means that many economics conferences and venues can be reached easily making short trips possible e.g London School of Economics, Bank of England Museum, etc. The Business Economics module is strengthened with a visit to a production facility like the Coca Cola bottling plant or the Newsprint printing presses.
The external links below bring together interesting articles that students use to extend their understanding of the topics that they are studying.
"Economics has replaced my presuppositions with opinions that are grounded in reasoning and theory" Eliza
"Having lessons based around discussion and trying to gain a genuine understanding of how the world works in both theory and in practice makes Economics at A Level an enjoyable and useful subject to take. Anyone who takes an interest in trying to make the world a better place or has opinions on how to do so should definitely take this subject!" Isabel
Head of Department: Mr A Kanwar