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Business Studies
Business Studies
Is this subject right for me?
Business applies to everyone! Whether you are a business owner, a manager, a worker, a customer or a member of the local community – knowing about business and becoming an enthusiastic, active and informed citizen is essential. This course is interactive, enjoyable and current. You need to be good at communicating and explaining your ideas, be intellectually curious, be willing to undertake challenges and work with numbers to solve business problems. You will learn how to be a creative thinker and how to make decisions. You will also learn about the world of business through research and investigation and set up your own mini business!
What do I need to know or be able to do before taking this course?
It is unlikely that you will have previously studied Business – excitingly, you will realise how much you already know about businesses from your everyday lives. You might have an interest in business and want to start your own business one day. You may have an enquiring mind and be interested in learning about the world around you, how businesses are set up, and what qualities and characteristics are required to be a successful entrepreneur.
What will I learn?
You will be introduced to the world of business and will look at what makes someone a successful business person. You will find out how to develop an idea and spot an opportunity to turn that into a successful business. You will learn how businesses are developed in relation to human resources, operations, finance and marketing. You will also see how the world around us affects businesses including the impact of the economy, technology, trends, ethics, legislation and competition. With opportunities for discussion and critical thinking, you apply your business knowledge to real life businesses that are local, national and international.
Topics
Business in the real world
Influences on business
Business operations
Human resources
Marketing
Finance
Where could it lead?
Students with a GCSE in Business can currently progress to the Sixth Form to study Business and/ or Economics at A Level. It also includes options to study BTEC’s or apprenticeships. Business students emerge as enterprising individuals with the ability to think commercially and creatively. We aspire for every student to have the best knowledge, skills and character that empower them to continuously develop and grow as they embark on the next steps of their journey.
Assessment
Two written exams (1 hour and 45 minutes, worth 50% each).
Exam Board: AQA
Exam Board: AQA
Economics
Economics
Is this subject right for me?
Is this subject right for me?
Economics is all around us and every day affects choices and decisions we make; especially those involving money. Deciding which subjects to pick for your options is a key decision for you and one which involves an opportunity cost – choosing Economics means you have to decide not to choose something else. This is what the study of Economics is founded upon – how do we make these decisions? What information do we need, and use to inform our decisions; do we make the right decisions? And most importantly how can firms and governments shape and influence our decision making. Understanding how the economy works at a micro and macro level will allow you to make more confident decisions around money and finance but even simpler decisions about what sandwich to buy at lunchtime. Studying economics requires critical thinking, seeing different and sometimes opposing viewpoints and being able to discuss which holds more merit and why. Being able to justify conclusions using sound evidence is also a key skill.
What do I need to know or be able to do before taking this course?
What do I need to know or be able to do before taking this course?
Whilst you have been impacted by economics to this point it is unlikely you have explored the underlying concepts and theories underpinning the subject. Skills acquired in maths will enable you to manipulate and interpret data whilst literacy skills will enable you to explain and critically appraise if that data is significant, accurate or misleading.
What will I learn?
What will I learn?
Economics is split into two clear sections – the individual firm, consumer and worker and how they interact – Micro economics, and Macro economics – how lots of different firms, consumers and the government interact across wider markets and the worldwide economy. Students will first start by looking at micro economics and the foundations of the subject in terms of scarcity and decision making to understand why governments provide healthcare and education for free, how can we stop people smoking and vaping and why some people earn more income than others. As the course develops students will move on to look at broader topics such as making sure prices in the wider economy don’t rise too quickly (a concept you may have heard of called inflation), is trading with other countries good or bad for an economy and how do we get an economy to grow.
Topics
Topics
Basic Economic Problem and scarcity
Demand and supply
Market failure and government intervention
Market structure
Inequality and poverty
Economic Growth
Inflation
Government macro policies
Unemployment and the labour market
Trade and development
Where could it lead?
Where could it lead?
Students with a GCSE in Economics can currently progress to the Sixth Form to study Business and/ or Economics at A Level. It also includes options to study BTEC’s or apprenticeships. Economics students acquire the ability to critically appraise data, information and models and understand conflicts and choices in decision making – a key skill in the wider world. We aspire for every student to have the best knowledge, skills and character that empower them to continuously develop and grow as they embark on the next steps of their journey.
Assessment
Assessment
Two written exams (1 hour and 30 minutes, worth 50% each).
Exam Board: OCR
Exam Board: OCR
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