Readers Question: could you please help me. should i take business or ecomomics at A level? i have got an A in business at gcse but im not sure which one to take.
I often get asked, which is the better subject – Economics or Business Studies.
I have taught a little business studies (though never studied it), but my main preference is for Economics.
Many have a feeling that Economics is more of an ‘academic subject’ and therefore more valued by Universities. It is one of those things that have slipped into popular belief, and it is hard to evaluate whether Universities really do value Economics more than Buiness Studies. My feeling is that, if they do prefer Economics it will be marginal at best.
There is some overlap between Economics and Business Studies. – some macroeconomics (called external influences in business) and concepts like economies of scale. But, generally they are stand alone subjects. Business studies examines management techniques and accounting practises such as profit and loss / cash flow e.t.c.
Economics deals with macro economics in more detail. Micro economics is concerned with things like Monopoly and externalities (e.g. pollution)
Which is Easier?
Some students swear Economics is easier. Some swear Business Studies is easier. Often, it depends on how it is taught.
Note: Only limited Maths is required for A Level Economics. (e.g. how to calculate a % – something most A Level maths students can never do)
My Advice
– Choose the subject you think will be most interesting and motivated to study. Don’t worry too much about your degree. You can start an economics degree usually without having done Economics A Level – though maths A level is often needed.
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I’ve got the choice of choosing Business and Economics but i am told that Universities dont like that as they both very similar. My first option is Economics but i still would like to know if it is okay for me to take business + economics.
Yes. Some universities don’t like it, like LSE, Oxford, Cambridge. You would have to check which universities you want to goto and their policy on econ + Bus
Hi, I’m hoping to be a lawyer when I am older and was wondering whether economics is better for me to choose at a level instead of business or is business at a level more beneficial for someone looking to becoming a lawyer? I’d like to do corporate law preferably so either I believe would be useful yet I’m still not sure which one will be better for me, please send some advice :)
Hi the both subject are going hand to hand in trying to learn about material life economic are more concerned about and little on business becos of other field are associated office and office activities which are concern in economics but choose any as profession but the are little.
I’m currently in Business -management, but I was hanging on string to pass both Microeconomic and Macroeconomic. My question: Is this mean I might not do bad in business -over all? or this mean I shouldn’t open up my own business? However, I received good grades for all business courses. I just dont get myself sometimes. please kindly advice….
sarah, economics is a more respected subject by unis, i previously done business for GCSE and i have glanced at business a level and it is nearly symmetrical to gcse but the only difference is business a level goes in to a bit more detail. So yeah business is a much easier subject than Economics
Hello there!!! I am about to start my a-levels and I am stuck in between two subjects. Business and economics as I never studied any of the two subjects in my high school year as I was in the science stream so which would be better for me to take as I am unsure about the difficulty level of the subject. So, which subject would be better for me as I am not keen on taking a subject with maths required? Please reply asap. Thanks.
hey there now i have the same problem plx help me out i have never studeid business studies economics before as i was a science student but dont want to carry on with sciences so which is the best choice for me plx rply