‘Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.’ Tyler Cowen
“Economics is the art of making the most of life.” – John Maynard Keynes
‘From each according to his ability, to each according to his needs.’ Karl Marx
The Economics curriculum at Rushey Mead Academy provides students with the skills to explore economic decisions and activities. It will provide students the foundation to understand the world and become critical thinkers. Students will become effective communicators they will be able to logically reason and debate the decisions made by individuals, firms, and the government.
Studying economics at the GCSE level offers a multitude of valuable benefits. Firstly, it equips students with a fundamental understanding of how our global economy functions, helping them make informed decisions in their personal and professional lives. Economics fosters critical thinking and analytical skills, encouraging students to analyse real-world issues such as inflation, unemployment, and market dynamics. Additionally, it promotes financial literacy, enabling individuals to manage their money wisely and plan for the future.