Trip to the Bank of England

At the end of last term, Year 13 economists visited the Bank of England for a trip to their museum and to receive a talk titled 'An Introduction to the Bank of England and Monetary Policy', designed for A Level Economics students as monetary policy is a fundamental part of their examination specification.

Students thoroughly enjoyed their afternoon excursion and were extremely engaged in the talk. They had plenty of contributions to make regarding the reasons for the UK's recent high rates of inflation (such as Avian flu affecting the supply and hence price of eggs and the war in Ukraine causing a fall in the supply and thus rise in prices for wheat)  and many questions about the logistics of stealing the central bank's gold reserves.

One student, Destiny, was particularly pleased to find an old map of Grenada at the centre of one of the exhibitions in the museum.