Economics Masterclass
9th October and repeated 27th November 2010 • University of London Union
With the world economy slamming on the brakes and individuals and governments everywhere feeling the pinch, understanding the impact which economic decision making has on all of our lives has never been so important. The Debate Chamber Economics Masterclass offers AS/A Level students the chance to understand, analyse and apply economic reasoning to major world events.
What is the credit crunch and why does it matter?
Why is the value of the dollar falling?
What can governments do to get out of the recession?
What will be the economic impact of the rise of China in the 21st century?
While taking current events as its starting point, the course will offer a rigorous introduction into the role of government, central banks and other institutions in seeking to manage the economy. The interplay of growth, inflation, unemployment, interest rates, wages and the trade balance will be explored. We will look at how governments and banks use fiscal and monetary policy to pursue economic objectives and analyse how successful these efforts are.
Over the course of the day, methods of economic decision-making will be widely discussed and debated, with students encouraged to develop their own ideas and recommend policy solutions. The connections between economic theory and political ideology will also be examined in depth.
Alongside formal seminars, students will engage in a range of practical exercises where, following discussion in groups, students will be asked to advise economic institutions on their response to a particular situation. By using formal tools in authentic real world scenarios, and through detailed feedback from tutors, students will gain an insight into the power and limitations of economic theories.
The Economics Masterclass is open to students currently studying Economics at AS or A Level and is particularly recommended for those considering studying Economics or a related discipline at university.
Eonomics students may also be interested in the Financial Markets Masterclass, taking place on the 10th October and repeated 28th November 2010.
Feedback From Previous Economics Events:
Very interesting and informative. It gave further insight into economics than is available from the A level course.
Wonderful. Really felt that I learnt a lot and explored areas of economics that I wasn’t previously aware of.
I enjoyed the interactivity of the course; the variety of the topics covered and the profusion of handouts we were given.
Really good! Informative discussions and good teaching. Got everyone involved and looked at lots of different areas.
Excellent exploration of different sides of the economic policy debates.The tutors had an outstanding level of knowledge and were able to make explanations tangible with constant references to current affairs.
Fantastic! Very fun tutor explained things incredibly well with many analogies and examples to liven up the atmosphere.
Extremely useful to me. The tutors were engaging and clear.
I enjoyed the whole course – looking deeply at how preferences work helped me see somewhat more realist approaches to events, which contrasted to the very conceptual AS level.
The course allowed us to look at areas not covered by the school syllabus and increased my understanding of economics greatly.
I thought it brilliantly applied economics to real life!
Book a place
The fee for the Economics Masterclass is £85 per student. Places will be allocated on a first come, first served basis. Debate Chamber offers a limited number of full and partial bursaries for students who would otherwise have difficulty attending. To book a place please use the form below. If you have any questions, or you wish to place a group booking, please email info@debatechamber.com or call 0845 519 4827.
If you are a teacher and interested in holding an Economics event at your school please click here.