oh, cos we are doing unit 1 as ive just started year 12 and we have homework on it!?
Well, although the concepts themselves are in Unit 4, they are still useful to know about as it explains why economies (and by extension) firms engage in specialisation and the division of labour (which is in unit 1). If firms specialise in what they have a comparative advantage in, then, the production will be more efficient and the allocation of resources improves etc. I think I had to learn about in Year 12 too.
Also, it's genuinely interesting to know about as Adam Smith and David Ricardo came up with the theory, if I recall correctly.
Well, although the concepts themselves are in Unit 4, they are still useful to know about as it explains why economies (and by extension) firms engage in specialisation and the division of labour (which is in unit 1). If firms specialise in what they have a comparative advantage in, then, the production will be more efficient and the allocation of resources improves etc. I think I had to learn about in Year 12 too.
Also, it's genuinely interesting to know about as Adam Smith and David Ricardo came up with the theory, if I recall correctly.
Hi guys I need some advice. WARNING - long read. Basically I have just started sixth form. I chose Maths, Further Maths, Economics & Physics, with the intention of doing Economics, or Engineering (if i didn't get economics) at uni.
Btw when I say I want to do economics or engineering at uni, that is because I don't really know what else I can do with my subject choices..
I have to admit the reason why I want to do an economics degree is partly because of the lifestyle that comes with it (so I've heard). However I actually like economics A LOT to be fair, but I've only been doing it for 6 weeks so I can't be certain. I am quite a mathsy person too so I think it'd suit me.
And with Engineering, I don't really know much tbh except that it takes 5 years to become one & you don't even get paid that well.
RealisticallyI'd like to have a career where I am interested in it & it pays fairly well too 👍
To be honest I have no idea what I want to do in life, but I would LOVE to have my own business, this is purely based on my love for Dragons Den lol. Plus I'd like to be very rich haha
Anyways 6 weeks in, I have now swapped from physics to geography (lots of catching up to do). Which rules out my option to do Engineering.
This was because for the 6 weeks, even though I was doing well in physics, I had little interest in Physics as opposed to geography, which I find fairly interesting. I have tried my best to become interested in physics but learning things like the rest mass of a proton is just meh & I don't think I ever will be interested in it. Also I have noticed physics is a lot conceptually harder & requires more intellect than geography. What I am saying is that - choosing geography will make my life easier (lol so I think). Lastly My Physics teacher is very boring. (Anyone doing AQA physics A, please pm me btw, if you can tell me what physics is like further on)
But geography on the other hand has a big workload compared to physics (lots of learning). Geography is apparently very essay based at A2 (I'm not good at essays, I always write too much). And I've heard doing further maths is a big help, if you are also doing physics. (Anyone doing AQA Geog, please pm me btw, if you can tell me what geog is like further on)
So I am very confused as to what I should do.
Not doing physics would mean that if I didn't get economics at a good uni, I would be in deep ****
But doing physics would mean that I would have to really hack physics for 2 full years (I can't drop a subject after As, because I have taken further maths) just so I have more options in life.
I am a capable student (12 A* at gcse). However I am also very lazy & want to do the bare minimum amount of hardwork (lol).
So should I stick with geog or swap back to physics?
Also if anyone could give me an insight into what economics degrees are all about? Where I can go with it, Job prospects etc that's be great thanks.
My half term has started and I can't decide whether I have made the right decision or not. But I still have the choice of which one to do.
Geography is still absolutely fine for an economics degree, don't worry about that. You have made the right decision switching to a subject you find more interesting.
As for where you can go with an economics degree, you can go almost anywhere, the job prospects are excellent as well. If you fancy starting your own business, economics is a good choice for a degree.
Stick with the one in which you find more interesting and that's the one you'll most likely do better in. Although I can say that if you want to just do the "bare minimum" then I suggest you lose that mind set and start working harder as doing the minimum won't help you get a good grade and that will ruin your chances. So pull your pants up and don't think you'll just fly through AS as you did in GCSE you actually have to put in a decent amount of hours into it.
Has anyone got any offers yet? I've just checked my track and got one from Surrey and UEA!
Ugh I'm so jelly. May I ask what economics course your applying to and how long did surrey take to reply from it being sent to you being offered a place ?
Ugh I'm so jelly. May I ask what economics course your applying to and how long did surrey take to reply from it being sent to you being offered a place ?
Ugh I'm so jelly. May I ask what economics course your applying to and how long did surrey take to reply from it being sent to you being offered a place ?