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Over two weeks, students will look at a range of topics in microeconomics, macroeconomics and international economics. In microeconomics, students will look at the basic economic problem of scarcity and choice, supply and demand, different models of market structure, the occurrence of market failure (e.g. due to the absence of markets for public goods, problems of information, and externalities), and the incidence and effectiveness of government intervention. In macroeconomics, students will learn about about policy objectives, the AD-AS model, and the operation of an independent central bank. Finally, in international economics, students will learn about about trade, protectionism and exchange rates. A great deal of ground is covered in these two weeks, spurring students to take their new-found economic curiosity further once they leave the course.
In addition to expanding their knowledge of economics, the course aims to address the central range of topics studied by university-level economics students, as well as allow students to better understand the world around them and to appreciate the kind of work that economists and policymakers do on a day-to-day basis. This makes it the ideal preparation for students who are contemplating studying Economics at university, or making a future career for themselves in a field related to Economics.
The course encourages lively discussion and the sharing of personal experiences among students; with such a wide range of nationalities in attendance on our Broadening Horizons programme, students will have the advantage of learning about their classmates’ understanding of different economic systems around the world. As Economics is partly a political discipline, students can expect to participate in debates on the approach governments and other organisations should take to various thorny economic problems. Students will produce a short essay on any one of a broad spectrum of topics studied in the first week, and a presentation in which they will have the chance to work collaboratively in small groups.
This subject is part of the Broadening Horizons course at Oxford Royale Summer Schools’s Oxford summer school.
The Broadening Horizons course, for students aged 16 to 18, is suitable both for those who are trying to decide what to pursue in further education, and for those who simply want to learn about a variety of interesting subjects - 30+ study options are available!
Students choose two morning classes and one afternoon workshop to provide a diverse and stimulating curriculum that is tailored to their needs, allowing them to pursue areas of interest or try out something new. Students studying Broadening Horizons in Oxford get the chance to live and learn in a college of the University of Oxford or in our 17th-century manor house, Yarnton Manor.
The course, for most students, will introduce entirely new theories and concepts that have not been studied before. There are, therefore, no subject prerequisites. Students should be familiar with the latest global Economic news and current affairs.
The Broadening Horizons programme - our flagship Oxford summer course - allows you to combine different subject options to enable a flexible, tailored programme that best suits your academic needs
To view other options, select your choice of options and apply, please visit the main Broadening Horizons Programme page
With the Broadening Horizons Programme you also get:
What our students have to say
Read how Sara has returned year on year, experiencing different summer courses in Oxford and Cambridge.Read Sara's story
Read how Mifta's experience with us introduced her to lifelong friends from across the world.Read Mifta's story
An aspiring cinematographer, Rebecca joined us at the ISC for our Future Filmmakers Gap Year Programme.Read Rebecca's story
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Oxford Royale Academy is a part of Oxford Programs Limited, UK company number 6045196. The company contracts with institutions including Oxford University for the use of their facilities and also contracts with tutors from those institutions but does not operate under the aegis of Oxford University.