The Economics Syllabus introduces students to relevant economic concepts and principles that will provide the foundation necessary for a proper understanding of how economies work, especially the economies of small states like those in the Caribbean. It also gives students the critical knowledge and skills to communicate ideas using the language and tools of the discipline of Economics.
The Economics Syllabus provides a useful foundation not only for further study in Economics but also for study in other Social Science subjects, including History, Politics, Business and International Relations.
In summary, the syllabus seeks to equip students with the basic tools necessary for an understanding and interpretation of economic phenomena experienced by Caribbean people and for communicating, intelligently and effectively, on economic issues in the region and the wider international community.
The syllabus is arranged in seven sections, sub-divided into specific objectives and corresponding content.
Section 1 - The Nature of Economics
Section 2 - Production, Economic Resources and Resource Allocation
Section 3 - Markets and Prices
Section 4 - The Financial Sector
Section 5 - Economic Management: Policies and Goals
Section 6 - International Trade
Section 7 - Caribbean Economies in a Global Environment