Business and Economics
Economics and Business Studies surrounds us every day. As a department we passionately believe that these subjects, will significantly enhance the opportunities available to young learners.
We are an energetic and ambitious team, who seek to deliver rich and innovative lessons that enthuse our learners about Business and Economics and equip them with the skills they need to support their future aspirations.
Our results reveal that learners flourish in our classrooms and benefit from the support and feedback we give.
We offer both Economics and Business Studies. Both subjects are taught to A Level.
Why study Economics and Business Studies?
Both courses are wide ranging and practical courses which emphasise the study of the real world. These qualifications have been designed to enable learners to progress into employment, an apprenticeship or further study at university. By studying Economics and Business Studies, learners will develop the following skills:
- Analytical thinking skills
- Communication skills
- Evaluation skills
- Numeracy skills
- Problem solving skills
- Ability to think logically
- Presentation skills
- Report writing skills.
These skills will allow learners to consider a very wide range of careers including options such as:
- Management consultancy
- Chartered accountancy
- Investment banking
- Banking services
- Distribution and logistics management
- Insurance underwriting
- Marketing executive
- Market research executive
- Personnel officer
- Public relations officer
- Retail management
- Sales management
Key Stage 4
This GCSE course ensures learners develop the skills to equip them for their futures. It is a useful stepping stone to further study at A level and beyond. Business Studies is one of the most popular subjects for further study and also prepares learners for the world of work. This is a qualification which is actively sought by employers in a wide variety of settings.
Learners study a range of topics which include setting up a business, how organisations market themselves, how they make products/services, how they recruit and retain staff and how the changing world impacts on them. During the course learners will, therefore, look at all aspects of setting up and running a business and will apply their learning to real world organisations. This course is an exciting introduction to the workings of organisations from small sole traders to large multinational businesses.
The aim of this course is to ensure that learners have the skills to equip them in a wide range of vocations. This course gives a good foundation for further study beyond GCSE. As a department we believe it is important to use a wide variety of learning methods with an emphasis on investigating real organisations. Business simulations, interactive ICT learning, role play and independent research will all be used to help to bring the real world into the classroom.
Learners will study the WJEC GCSE Business Studies course
Key Stage 5
This is a wide ranging, practical course with an emphasis on studying real world businesses. This qualification has been designed to enable learners to progress into employment, an apprenticeship or further study at university. The course has been developed with leading employers, universities and professional bodies.
Learners will learn about the role of finance in planning an enterprise and analysing and making financial decisions. In addition they will study how organisations use human, physical and financial resources to achieve their goals. They will also investigate the nature of enterprising behaviour and how to exploit entrepreneurial opportunities. Learners will investigate how managers organise, motivate and lead employees through change to achieve business objectives. They will also develop their own business proposal, present it and evaluate its likely success. Learners may also be involved in planning, coordination and managing a one-off event.
This course has a practical approach to delivery and assessment. Learners will be basing all of their investigations on real businesses and will be developing their ideas and proposals in the context of real world issues. There will be a significant focus on developing a new and unique business proposal and learners will need to organise and run a successful project.
Learners will study the AQA Applied General Business course
This is a prestigious course to study and is highly valued by employers and universities. This is also a very exciting time to be starting a course in Economics. Most of us have some idea about the subject even if we have never studied it before. Newspapers and current affairs programmes bombard us with Economics –from the so-called ‘credit crunch’, ‘double dip recession’, the ups and downs of the Stock Exchange, fluctuating energy prices, the risk of a price bubble in the housing market, question marks over the effects of ‘Brexit’ ... to the problems of road congestion and pollution, and the numbers of people out of work ... the Economist’s task is to study these problems and to try and find solutions to them.
Learners will investigate why some markets fail to work properly. Issues like pollution, congestion and poverty will be considered together with what governments can do to remedy these problems. We will also explore how we measure Britain’s economy, and how we can try to improve it. Topics such as Unemployment, Economic Growth, Recession and Inflation will be covered. Learners will also investigate how businesses work, and also set the UK economy into a wider global context. There is an international focus, with a spotlight on poverty and inequality issues in Developing Countries. Again, these are lively and topical concerns.
The economic theory learnt is always related to the world around us, so a lot of topical issues are studied through the Internet and specialist websites. Learners may have the opportunity to take part in competitions during the year, for example the Institute of Fiscal Studies Stock Market Challenge.
Learners will study the Pearson Edexcel A level course