Business Studies/Economics

Business Studies/Economics

Head of Department – Ms S. Aziz

Examination Board: Edexcel

The GCSE Business Studies and Economics is a single award GCSE option.


WHAT DO I NEED TO KNOW, OR BE ABLE TO DO, BEFORE TAKING THIS COURSE?

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 it is that makes someone a great entrepreneur.

IS THIS THE RIGHT SUBJECT FOR ME?

This course is both active and enjoyable. You need to be good at communicating and explaining your ideas, and not afraid of learning new things and working with numbers to solve business problems.

You will learn how to be a creative thinker and how to make decisions. What’s more, you will also learn about the world of business through research and investigation, as well as through practical tasks.

WHAT WILL I LEARN?

In Year 10 you will be introduced to the world of small businesses and will look at what makes someone a successful business manager. You will find out how to spot an opportunity, develop an idea and turn that into a successful business.

You will understand how to make a business effective and manage money well. You will also see how the world around us affects small businesses and all the people involved. In Year 11 you will find out how to think like an economist and learn how the economy functions, the government’s role in the economy and its impact on business.

You will also examine what causes businesses to grow. You will study many issues within the world of business such as the driving forces behind the success of Amazon and the closure of Comet.

HOW WILL I BE ASSESSED?

At the end of Year 11 you will take two exams. There will be one 45 minute written examination paper with multiple-choice and objective test questions based on the business unit (25%). The second exam is a 90 minute written paper (50%) which requires answering short questions about your understanding of the economy. During the year you will also complete a controlled assessment task (25%).

Teaching takes place in dedicated classrooms each with interactive whiteboard, internet connection and DVD player. This allows staff to employ a wide variety of teaching methods; we make use of up-to-date DVDs, visiting speakers, worksheets, study visits, case studies, computers and simulations etc. Students are encouraged to become involved with the subject using other resources, accessing radio and television programmes on the school network, newspapers, journals, data?bases, internet, CDROMs, contacts with firms etc.

CAREERS

A course in Business Studies and Economics has a direct bearing on Accountancy, Banking, Building Societies, Insurance, Broking and all business-related activities. It also has links with virtually every other job as most workers will require an understanding of budgets, motivation of employees, communication and the effects of the government and economy, revenues and costs.

The course is an ideal introduction to both Business Studies and Economics A level.