- Enterprise and entrepreneurship
- Spotting a business opportunity
- Putting a business idea into practice
- Making the business effective
- Understanding external influences on business
Economics
Key Stage 4:
GCSE Business
Examination Board: Edexcel
Business GCSE examines how businesses start and grow. Now, pupils are consumers but one day they will work in a business. GCSE Business will provide helpful knowledge and understanding to make this transition.
Business is a subject that gives pupils the opportunity to develop a wide range of transferable skills.
The aims of this qualification are to enable students to develop:
- Business will offer practical opportunities to use skills gained in maths as well writing persuasive arguments in favour of one course of action over another.
- Business will help pupils to extract salient information, whether in text or tabular and graph format, and use this information in responses to questions.
- Pupils will become skilled in making decisions, being creative, solving problems, understanding finance, analysing data and working as part of a team. Each pupil will not only gain business knowledge and understanding, but will gain the opportunity to put it into practise through a range of business activities and projects.
- Business gives pupils the opportunity to understand the world that we live in and to become more aware of global issues and events.
Course Content
1. PAPER 1: Investigating small business (50%)
2. PAPER 2: Building a business (50%)
- Growing the business
- Making marketing decisions
- Making operational decisions
- Making financial decisions
- Making human resource decisions
Extra-curricular
Students will be able to set up and run a business with other members of the group. Visits to businesses will take place as and when appropriate.
A Level Economics
Examination Board: Edexcel A
Economics examines how scarce resources are allocated to meets the unlimited wants and needs of individuals, firms and governments in a global setting.
The aims of this qualification are to enable students to develop:
- enquiring, critical, thoughtful and logical thinkers.
- who understand the wider economic and social environment and apply concepts in a variety of different contexts.
Course Content
1.Paper 1: Markets and business behaviour (35%)
- Nature of economics
- How markets work
- How markets failure
- How businesses growth
- Business objectives
- Revenues, costs and profits
- Market structures
- Labour markets
- Government Intervention in markets and market failure
2. Paper 2: The national and global economy (35%)
- Measures of economic performance
- Aggregate Demand and Aggregate Supply
- National Income
- Economic growth
- Macroeconomic objectives and policies
- International economics
- Poverty and inequality
- Emerging and developing economies
- The financial Sector
- Role of the state in the macroeconomy
3. Paper 3: Microeconomics and Macroeconomics (30%)
- A case study synoptic paper testing the microeconomic and macroeconomic knowledge from the entire course
Extra-curricular
Students will have opportunities to attend Economics conferences and appropriate local businesses, when appropriate.