Summary

Before you decide to buy something, you’ll often use a cost benefit analysis to decide if it’s worth the price. This type of evaluation is one of the main principles behind economics, and highlights how this discipline affects almost every aspect of modern life. On the Immerse summer Economics programme, participants dive into the fundamentals of the subject, build a strong foundation of key knowledge, and analyse the underlying factors influencing actions, decisions, and behaviours of both individuals and world markets.

The Economics programme is designed for young economists aged 16 to 18 years old, providing participants with a comprehensive look at the challenging worlds of micro and macroeconomics explored in an undergraduate Economics degree. Through a carefully planned curriculum developed by expert tutors from world leading universities, participants will spend two weeks learning the essentials of modern economic theory, before diving into more advanced topics like trade, fiscal policy, and developmental economics.

Upon completion of the Immerse Economics programme, participants will leave having gained a strong understanding of challenging economic theory and concepts. Throughout their learning, tutors will support participants as they explore the incredible depth of this field, gaining a glimpse of just how far their passion could take them when they begin university level studies.

Immerse is an inspirational academic programme for the intellectually curious

Economics Summer School Key Benefits

Discover how economic principles shape policy and politics

Explore how the Bank of England influences the macroeconomy

See the wide-reaching implications of aggregate supply and demand

Evaluate economics theory through the lens of both contemporary and historical issues

Delve into the inner workings of the financial industry

Understand how game theory affects and shapes the world political stage

Topics Covered

Studying economics means looking at the reasons behind human behaviour and decision-making, as influenced by their access to finite (and dwindling) resources. It’s a broad definition and, as such, the Immerse Economics curriculum will cover a wide range of important concepts, helping participants build a foundation of knowledge before beginning their undergraduate studies.

The curriculum starts with a quick introduction to why economics is defined as above, before examining how it applies to everything from world politics, to Brexit trade talks, to the everyday decisions we make in our lives. From there, the course will move on to more advanced topics in both microeconomic and macroeconomic theory, discussing comparative advantage theory, learning how and why countries trade with each other, as well as the benefits of contemporary economic policies, like free trade. Towards the end of the programme, participants will explore the mechanics of economic systems used by the financial industry – systems of borrowing, lending, and investment.

Finally, participants will apply their new knowledge to make sense of the bigger picture; the last tutorials in this programme will examine the economic history of our world, starting with an in-depth look at the British Industrial Revolution.

Program taught in:
  • English
Cambridge Immerse

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Last updated March 27, 2019
This course is Campus based
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Duration
2 weeks
Full-time
Price
4,495 GBP
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Aug 24, 2019
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Aug 24, 2019
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