Business and Economics
Staff within the Department
Ms A. Tyrrell – Head of Department
Ms S. Dabreo - Teacher of Business / Economics
Ms K. Mumtaz Alderton – Teacher of Business and Assistant Head
BA Honours in Business
The Business and Economics Department is a vibrant, diverse and exciting department comprising of a team of specialist Business and Economics teachers. Each member of the team has a passion for their subject and is dedicated to inspiring students, raising aspirations and raising standards.
We deliver a range of syllabi that are designed to encourage our students to develop their thinking. From the outset we create a proactive, participative environment which stimulates and encourages our students to make informed decisions using their knowledge and understanding of the subject.
The Business and Economics Department is all about reality and so learning resources are based on ‘real’ organisations and applying theory within those situations.
We aim to:
• Stimulate curiosity, interest and enjoyment in the Business World
• Enable students to acquire understanding and knowledge of the concepts, principles and applications involved in all areas of Business/Economics
• Introduce students to current business practice and to the ways in which businesses operate.
• Allow students to become confident citizens in an increasingly technological and target-driven world, and be familiar with the language of Business.
• Appreciate the environmental impact of business activities in the various sectors.
KS4 - BUSINESS
If you enjoy:
• communicating and explaining your ideas
• thinking creatively and making decisions
• working with numbers to solve business problems and
• learning about the world of business
THEN THE GCSE BUSINESS COURSE IS THE RIGHT SUBJECT FOR YOU
Students may choose Business Studies as an option in Year 9, wherein they will complete the Edexcel qualification providing them with one GCSE by the end of year 11.
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Autumn Term |
Spring Term |
Summer Term |
Year 9 UNIT 1 Introduction to Small Business |
Topic 1.1: Spotting a business opportunity
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Topic 1.2: Showing enterprise Topic 1.3: Putting a business idea into practice |
Topic 1.4: Making the start-up effective Topic 1.5: Understanding the economic context |
Year 10 UNIT 3 Building a Business |
Topic 3.1: Marketing
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Topic 3.2: Meeting customer needs Topic 3.3 Effective financial management
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Topic 3.4:Effective people management Topic 3.5 The wider world affecting business |
Year 11 UNIT 2 Investigating Small Business
|
Controlled Assessment |
Review and revise Units 1 and 3 |
GCSE Examination |
We follow the Edexcel Business Studies specification. You can find more information about it here.
KS4 – ECONOMICS
This qualification is innovative yet retains coverage of the basic economic principles. This enables students to develop their ability to apply this knowledge to real-life situations in a range of local, national and global contexts.
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Autumn Term |
Spring Term |
Summer Term |
Year 9 UNIT A591 How the Market Works |
Topic 1: What is the economic problem?
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Topic 2: What are competitive markets? |
Topic 3: How do firms operate in competitive markets? |
Year 10 Unit A592 How the Economy Works |
Topic 1: What are the economic objectives of a government?
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Topic 2: How does the UK government raise and spend its money? |
Topic 3: Which policies can the UK government use?
|
Year 11 Unit A593 The UK Economy and Globalisation |
Topic 1: Why do countries trade? Topic 2: Why is the UK in the European Union? Topic: 3 UK and international trade Topic 4: How important is the value of currency? |
Topic 5: How does a country become more competitive? Topic 6: LEDC’s and growth Topic 7: What measures support growth for LEDC’s |
Review and revise all units GCSE Examination |
We follow the OCR GCSE Economics specification. You can find more information about it here.
Activities to do at home
If students in GCSE are keen to progress in their Business or Economics education outside of school, the following would be useful:
- Keep abreast with current business and economic affairs. Students should write their analytical point of view to develop their analytical skills (iREAD).
- Develop mini lessons to reiterate their knowledge (iTEACH)
- Participate in the WOHAA competition which is UCAS approved (Year 10)
- Participate in the Tenner Competition (Year 9)
- Publishing a Department Magazine
KS5 - ECONOMICS
The Edexcel A- level Economics specification aims to develop students' interest in, and enthusiasm for, the study of economics. It will help students appreciate how economics contributes to an understanding of the wider economic and social environment, and develop the skills, qualities and attitudes which will equip them for the challenges, opportunities and responsibilities of adult and working life.
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Autumn Term |
Spring Term |
Summer Term |
Year 12 |
Theme 1: Introduction to markets and market failure. This theme focuses on microeconomic concepts. Students will develop an understanding of: ? nature of economics ? how markets work ? market failure ? government intervention
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Theme 2: The UK economy This theme focuses on macroeconomic concepts. Students will develop an understanding of: ? measures of economic performance ? aggregate demand ? aggregate supply ? national income ? economic growth ? macroeconomic objectives and policy |
Review and Revision of Theme 1 and Them 2
AS Level Internal Examination |
Year 13 |
Theme 3: Business behaviour and the labour market This theme develops the microeconomic concepts introduced in Theme 1 and focuses on business economics. Students will develop an understanding of: ? business growth ? business objectives ? revenues, costs and profits ? market structures ? labour market ? government intervention
|
Theme 4: A global perspective This theme develops the macroeconomic concepts introduced in Theme 2 and applies these concepts in a global context. Students will develop an understanding of: ? international economics ? poverty and inequality ? emerging and developing economies ? the financial sector ? role of the state in the macroeconomy |
Review and Revision of Theme 1, Theme 2, Theme 3 and Theme 4
AS Level Internal Examination |
We follow the Edexcel GCE Economics specification. You can find more information about it here.
KS5 - BUSINESS
|
Autumn Term |
Spring Term |
Summer Term |
Year 12 |
Theme 1: Marketing and people Students will develop an understanding of: · meeting customer needs · the market · marketing mix and strategy · managing people · entrepreneurs and leaders. |
Theme 2: Managing business activities Students will develop an understanding of: · raising finance · financial planning · managing finance · resource management · external influences. |
Review and Revision of Theme 1 and Them 2
A2 Level Examination |
Year 13 |
Theme 3: Business decisions and strategy This theme develops the concepts introduced in Theme 2. Students will develop an understanding of: · business objectives and strategy · business growth · decision-making techniques · influences on business decisions · assessing competitiveness · managing change. |
Theme 4: Global business This theme develops the concepts introduced in Theme 1. Students will develop an understanding of: · globalisation · global markets and business expansion · global marketing · global industries and companies (multinational corporations). |
Review and Revision of Theme 1, Theme 2, Theme 3 and Theme 4
A2 Level Examination |
We follow the Edexcel GCE Business specification. You can find more information about it here
KS5 – BTEC LEVEL 3 NATIONAL EXTENDED CERTIFICATE in BUSINESS
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Autumn Term |
Spring Term |
Summer Term |
Year 12 |
Unit 1: Exploring Business (Internal) In this unit, you will gain an overview of the key ingredients for business success, how businesses are organised, how they communicate, the characteristics of the environment in which they operate, and how this shapes them and their activities. You will also look at the importance of innovation and enterprise to the success and survival of businesses, with the associated risks and benefits. |
Unit 2: Developing a Marketing Campaign(External) You will examine the marketing aims and objectives for existing products/services and understand the importance of relevant, valid and appropriate research in relation to customers’ needs and wants. You will use given market research data and other information to make recommendations about the type of marketing campaign that a business should undertake. In this unit, you will draw on your learning from across your programme to complete the assessment task. |
Submission of Internal Unit and External Examination Revision |
Year 13 |
Unit 8: Recruitment and Selection Process(Internal) This unit will give you a foundation for progression to employment, for example in a human resources role, or to higher education. Through undertaking recruitment activities the unit will help you to develop the skills needed in an interview situation. You will have an opportunity to review your individual performance and analyse your skills for development. |
Unit 3: Personal and Business Finance(External) This unit will provide a foundation for a number of other finance and business units and will help you to analyse profitability, liquidity and business efficiency. It will give you the knowledge and understanding to manage your personal finances and will give you a background to business finance and accounting as you progress to employment or further training. |
Submission of Internal Unit and External Examination Revision |
We follow the Edexcel BTEC National. You can find more information about it here
Activities to do at home
If students in GCE are keen to progress in their Business or Economics education outside of school, the following would be useful:
- Keep abreast with current business and economic affairs. Students should write their analytical point of view to develop their analytical skills (iREAD).
- Develop mini lessons to reiterate their knowledge (iTEACH)
- Participate in the Young Enterprise competition(Year 12 Business)
- Participate in the Target 2.0 competition which is facilitated by the Bank of England (Year 13 Economics)
- Participate in the departments’ peer mentoring program
Enrichment Activities and Trips
Year 9 – KIDZANIA |
Year 9 – Tenner Challenge |
Year 10 – Krispy Kreme |
Year 10 - WOHAA |
Year 12 - Farm |
Year 12 – Young Enterprise |
Year 12 – Visit to Eaton College Economics Club |
Year 13 – Target 2.0 |
Career Paths
Financial Risk Analyst |
Retail and Sales |
Human Resources |
Actuary |
Statistician |
Chartered Accountant |
Forensic Accountant |
Management Consultant |