Economics & Business Studies

Curriculum

In the Sixth Form, Economics and Business are both available to study at A Level.

The Economics modules followed are:

Year 12 (Edexcel new specification)

Theme 1: Introduction to markets and market failure

This module investigates the reasons for individuals, organisations, and societies having to make choices. It examines competitive markets, how they can be efficient and also how they can fail.

Theme 2: The UK economy – performance and policies

This module provides an introduction to how the level of macroeconomic activity is determined and the key macroeconomic indicators, problems and policies.

Year 13 (Edexcel A)

Theme 3:  Business behaviour and the labour market

This theme builds on the content of Theme 1: Introduction to markets and market failure and focuses on business economics. It examines how the number and size of market participants, and the level of contestability, affect the pricing and nature of competition among firms.

Theme 4: A global perspective

This theme builds on the knowledge and skills gained in Theme 2: The UK economy – performance and policies, and applies them in a global context. Students will be expected to understand the significance of globalisation, international trade, the balance of payments and exchange rates. They will examine public finance, macroeconomic policies and the role of the financial sector in a global context. Students will consider the factors influencing the growth and development of emerging and developing countries.

 

The Business Studies modules followed are:

Year 12 (AQA)

The following themes are studied in Year 12:

  1. What is business?
  2. Managers, leadership and decision-making
  3. Decision making to improve marketing performance
  4.  Decision making to improve operational performance
  5. Decision making to improve financial performance
  6. Decision making to improve human resource performance

Year 13 (AQA)

The following themes are explored:

  1. Analysing the strategic position of a business
  2. Choosing strategic direction
  3. Strategic methods: how to pursue strategies
  4.  Managing strategic change

Co-Curriculum

All students have the opportunity to take part in the  IFS Student Investor Challenge. Year 12 students can take part in the RES Young Economist of the Year essay competition and Chance to be Chancellor competition.  The department either hosts or attends an annual Institute of Economic Affairs student conference.

Year 12 Business Studies students can take part in Chance to be Chancellor competition, IFS Young Business Writer of the Year competition and also the ICAEU BASE competition. 

Departmental Achievements

In 2016, 95% of Economics students achieved A*-B grades at A Level. 85% of Business Studies students achieved A*-B grades at A Level.

Head of Department

Miss R Walters BSc (Surrey) GTP