Economics is the exploration of the key questions that shape the organization of societies. The study of Economics provides a framework for understanding these societies and the directions they take as they develop from subsistence up to free market capitalism.
The study of Economics at Dickson College has a strong emphasis on contemporary issues. When undertaking the course students examines how nation states deal with economic realities to provide for the needs of its citizens. Students in Economics also study the complex relationships that are at the heart of our economic system and interpret the implications of decisions and how potential challenges to an economy can be effectively managed by individuals, groups, businesses and governments.
The Economics course is divided into sequential units that progressively build on skills and understanding. By studying Economics students will also be well versed in the fundamental principles (e.g. demand and supply), contemporary issues (globalisation / free trade v aid) and social, economic and political interactions that shape economic markets and future economies on a national and international scale.
Topics studied can include:
- Economic Principles
- Economic Thought
- Market Failure
- Macroeconomic Issues and Theories
- Globalisation Economics
- Trade Economics
The course is offered at Tertiary level. There is an emphasis on research work with students being assessed via research assignments, essays, oral seminars and project work.
The course content learnt and skills development from studying Economics provides a valuable compliment to other courses offered in the college and will enable students to pursue a range of educational pathways and careers.