Why choose Economics?
It is an exciting time to study economics. Many of the most important issues facing society are economic in nature. Whether you are concerned with global warming or global trade, whether you are looking at the collapse of world financial markets or the collapse of your neighbour’s small business, you can’t get far without knowledge of economics. This course aims to stimulate your interest in how economies work – at personal, national and world levels. A sample of the issues you will be encouraged to investigate are:
- Why has the UK economy experienced both boom conditions and slumps in the past?
- What determines the level of UK interest rates? Is a strong pound desirable?
- Why are footballers paid more than nurses?
- What are the implications of a national minimum wage?
- How important are developments in the leisure and broadcasting industries to the future economy?
- Do the activities of multinationals assist or hinder the development of poor countries?
- Why have African economies been slow to develop? Should we provide aid?