Economics is a dynamic and challenging area of study that is of great relevance to understanding the workings of the world around us. It is a popular subject at Hampton where it is taught solely in the Sixth Form.
The Hampton Economic Department is staffed by engaging and specialist teachers who promote lively debate and discussion ensuring pupils develop an appreciation of economic concepts and theories through a critical consideration of current ‘real world’ economic issues.
We have excellent facilities for the subject and the teachers and students develop positive relationships that encourage discussion and analysis.
Economics complements a wide range of subjects, and is useful in many commercial and professional careers.Topics include markets, prices, economic efficiency, market failure, firms, competition, economic growth, inflation unemployment, the balance of trade, the EU, monetary union, financial markets and government policy.
The majority of our students go on to study economics and management degrees followed by jobs in finance and business.
The Department offer trips to manufacturing sites and to listen to lectures by eminent speakers from the financial world. Previous visits have included the Coca Cola plant in Edmonton, North London, Spode Pottery, and the dealing rooms at Merrill Lynch. We welcome a range of visiting speakers to Hampton who cover topical subjects.
Aims of the Economics Department
The primary aim of the Economics Department at Hampton School is to teach the course in such a way, as to encourage students to develop an understanding of economic concepts and theories through a critical consideration of current issues, and then to apply economic concepts and theories in a range of contexts, with an appreciation of their value and limitations.
Students need to strong at maths, though it is not essential to be taking A-level maths to study A-level economics. They must also be able to express themselves clearly and to write well.
Students take part in the Bank of England’s Target 2.0 Competition in Central London. This is an opportunity to simulate interest rate making decisions and understand the process of policy making.
Fourth and Fifth Years can join the Enterprise and Investment Club. Here, members take part in the Student Investor Challenge. Forty teams of Hampton students are involved in this share trading competition with boys learning about the difference between shares, portfolios and dividends.
There are also opportunities to explore enterprise, including the hugely popular Young Enterprise scheme at Hampton.
There is a regular digital magazine called ‘The Hampton Herald’, which is produced jointly with the Politics Department. This allows students to contribute articles about current affairs which are published on the School website.