The Department is headed by Mr Mike Gallacher who has been teaching at Oxford High School since 1993. Economics is studied in the Sixth Form and it is always a popular option with an average of 15-20 girls studying it each year. Students study micro and macroeconomics at AS and A2 Level, covering topics as diverse as demand and supply, market failure, Business Economics, inflation and the single currency. It is assessed with short answers, data response questions and essays.
There are plenty of opportunities for enrichment including the Target 2.0 competition where four students in Year 13 enter a national competition to decide on the interest rates and the amount of Quantitative Easing that the Bank of England should consider. Oxford High girls have also entered the IFS Student Investor Challenge where they track and try to predict the share price of leading shares. There are trips to London to hear a wide range of leading economists speak as well as a flourishing Economics society where local and national economists are invited into school to speak directly with the students.
Foreign trips include New York and Washington where students have visited the United Nations, the Federal Reserve Bank, the Bureau of Printing and Engraving, the International Monetary Fund and the World Bank. In Europe, we have visited Frankfurt, Luxembourg, Barcelona, Brussels and Strasbourg. Visits to Brussels include Coca Cola, the National Bank of Belgium, a vegetable and fruit auction, a chocolate factory and a car plant.
What our Economics students say:
“I really enjoyed the visits and I really mean it. It was a bit like going round seeing places I would love to work. It has really motivated me to be passionate about Economics and languages.”
“This trip has been really fun and so interesting. I had never been to America before and this has really opened my eyes.”
“Definitely a trip to remember and I really want to come back soon.”
“A once-in-a-lifetime opportunity.”
“The trip was both educational and enjoyable; that’s what made it both memorable and worthwhile for me.”