Economics is a popular and topical subject at Charterhouse. As the new Government grapples with the perceived issues of excessive Government spending, Economics particularly appeals and offers insight to pupils who have an interest in current affairs, politics and modern history.
Economics also attracts those who enjoy the study of issues and debates using traditional rigorous analysis and we look at the important aspects of mathematical models and techniques, whilst also undertaking research into the predictable, often irrational, behaviour of consumers and businesses and analyse how markets work. We also address the theory and rationale for government intervention.
The Economics Department recognises that a subject which concerns current affairs needs to embrace the world beyond the limits of the School boundaries. We do this through inviting outside speakers to the School and taking trips to the city of London and overseas.
Recent speakers include:
• Crispin Wright, Chair of the Takeover Panel;
• Richard Murley, Vice Chair of Rothschilds;
• Andrew Hill, Business correspondent of the Financial Times;
• Baroness Parminter, trustee of the IPPR think tank and Patron of the Meath Epilepsy Trust;
• Sir Donald Cruickshank, former Chair of the International ( London) Stock Exchange;
• Dr Jo Nellis, Professor of Global Economy Cranfield School of Management;
• Neil Sherlock, Head of Reputational Strategy PWC; and
• Mr Martin Jacques, author of ‘When China rules the world’ and Visiting Fellow of LSE.
The annual trip to the City of London has allowed us to visit a number of institutions. We have recently been welcomed by:
• Lloyds of London;
• C Hoare and Co;
• Bank of England;
Recent overseas visits include:
• Poland; and
• China (Beijing and Shanghai).
Full details of the curriculum are available in the Sixth Form Curriculum section.
Many pupils go on to study the subject at university. Our facilities are equipped with ICT and AV resources and the Library has a comprehensive range of relevant books, journals and newspapers, which pupils are expected to read regularly.
At present there are four Economics teachers, two of whom have extensive experience outside teaching:
Mr Pablo Funcasta, MA, MSc - Head of Department
After reading Economics at Cambridge, where he attained a Double First, Mr Funcasta went on to study his Masters at the London School of Economics, where he achieved a Distinction. His main areas of interest are Microeconomic Theory, Game Theory, Industrial Economics and Financial Economics. Mr Funcasta is heavily involved in University preparation, particularly helping candidates apply to Oxbridge.
Mr Chris Barraclough, BSc, MSc, QTS
Mr Barraclough read Banking and International Finance at City University before working as an equity derivatives flow trader for 16 years in the City of London and Hong Kong. He then completed an MSc in Economic History at the London School of Economics, before joining Whitgift School where he gained his QTS. Mr Barraclough joined Charterhouse in 2019 after three years at Whitgift. He enjoys yacht (and dinghy) sailing, snowboarding and road cycling, particularly Grand Tour Alpine climbs.
Mr James Hazeldine, BA
Mr Hazeldine studied Economics and Politics at the University of Sheffield. He then went on to the University of London to study for a PGCE in Economics where he first met Mr Troy! He moved to Charterhouse in 2000 having worked at St George’s College, Weybridge and Ashville College in Harrogate. He has held many posts over the years and has recently served eight years as Housemaster of Bodeites. He is currently Head of Careers. He teaches Micro Economics.
Mr Sam James, MA
Mr James joined Charterhouse in September 2010, having spent nearly three years in Investment Management and having previously served as an officer in the Royal Air Force. He is a graduate of the University of St Andrews, where he achieved an MA in Management. Sam teaches Economics and has held a range of responsibilities including Assistant Housemaster for 5 years, and Head of the Removes (Year 10). He currently coaches the 2nd XI Hockey and Cricket teams and runs the Charterhouse Farm. Mr James is also Housemaster of Daviesites.
Mr Richard Ninham, MA
Mr Ninham joined Charterhouse in 2019 from The King’s School, Canterbury, where he taught for twelve years, and was Housemaster for six. He was educated at Denstone College before reading Economic History at Edinburgh University. He worked in expat tax for nine years with Arthur Andersen and PWC before starting teaching at Tonbridge School. Mr Ninham enjoys sailing and walking with his labrador.
Mr John Troy, BSc, MBA
Mr Troy read economics at the LSE before spending three years in the Royal Navy where he witnessed the consequence of some of the irrational decisions taken during the Falklands war. Mr Troy then trained as a solicitor and spent five years seeing large and small scale economics played out in the City of London. Mr Troy’s experience enables him to share his view on the effectiveness of Government intervention with the class.