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A level business / economics

Hi! I'm in year 11 and deciding my a level options atm. I'd appreciate any advice on the following!!

1. I've heard that isn't not good to study both business and economics because they're so similar and you need a wider range of subjects. Is this true? How would universities feel? What if they were part of 4 a level options instead?

2. Apparently business isn't as highly regarded as economics and I've been told that I should choose economics because it's more appropriate for someone more academic. I'm not doing either of these subjects for GCSE however apparently they're easy to pick up at a level. I'm predicted 7-9s across all my subjects at the moment. So do you agree that economics would be best? Is this true and what would universities think about business?

3. What is the difference between the content in business and economics? I've looked into both of the courses and currently I think that business sounds more interesting to me. If anyone is able to help me understand the difference a bit more though that would be very helpful!! Also, what sort of careers can each of them lead to? I'm not too certain on what I want to do but I think project management could be interesting.

Thank you for any help!!
Original post by mcollins08
Hi! I'm in year 11 and deciding my a level options atm. I'd appreciate any advice on the following!!
1. I've heard that isn't not good to study both business and economics because they're so similar and you need a wider range of subjects. Is this true? How would universities feel? What if they were part of 4 a level options instead?
2. Apparently business isn't as highly regarded as economics and I've been told that I should choose economics because it's more appropriate for someone more academic. I'm not doing either of these subjects for GCSE however apparently they're easy to pick up at a level. I'm predicted 7-9s across all my subjects at the moment. So do you agree that economics would be best? Is this true and what would universities think about business?
3. What is the difference between the content in business and economics? I've looked into both of the courses and currently I think that business sounds more interesting to me. If anyone is able to help me understand the difference a bit more though that would be very helpful!! Also, what sort of careers can each of them lead to? I'm not too certain on what I want to do but I think project management could be interesting.
Thank you for any help!!

1.

Yes, business and economics are indeed similar. You should definitely avoid taking them together. And I think they should also not be a part of 4 A levels.

2.

Well, it depends on what you study at uni. If you study marketing, management or similar courses, then business would be more suitable. But in general, economics is considered a harder and better subject.

3.

Chapters like price elasticity of demand, income elasticity of demand, globalisation, and developed and developing economies are some of the chapters that overlap in business and economics. For example, globalisation is taught in economics because it shows how economies have become interdependent and integrated. Whilst, it is taught in business to illustrate that businesses can now sell their products in many countries and export/import goods since countries are open to trading internationally.
Business is for courses like marketing, management, human resources and even economics (assuming you don't take A level economics too). Economics is for courses like economics, finance, econometrics, developmental economics, industrial economics, PPE etc as well as combined courses such as economics and management, economics and maths or economics and finance.
Economics is more diverse. You can learn business stuff in microeconomics.

Reply 2
Original post by NazifaNawer

1.

Yes, business and economics are indeed similar. You should definitely avoid taking them together. And I think they should also not be a part of 4 A levels.

2.

Well, it depends on what you study at uni. If you study marketing, management or similar courses, then business would be more suitable. But in general, economics is considered a harder and better subject.

3.

Chapters like price elasticity of demand, income elasticity of demand, globalisation, and developed and developing economies are some of the chapters that overlap in business and economics. For example, globalisation is taught in economics because it shows how economies have become interdependent and integrated. Whilst, it is taught in business to illustrate that businesses can now sell their products in many countries and export/import goods since countries are open to trading internationally.
Business is for courses like marketing, management, human resources and even economics (assuming you don't take A level economics too). Economics is for courses like economics, finance, econometrics, developmental economics, industrial economics, PPE etc as well as combined courses such as economics and management, economics and maths or economics and finance.
Economics is more diverse. You can learn business stuff in microeconomics.


Thank you so much for such an informative answer!! Very helpful and thanks for the advice! :smile:

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