Economics and Business Studies

General overview & picture:
Well qualified subject specialists offer a wide range of courses to develop students' interests in the business and financial sectors, with Economics becoming ever more popular at both GCSE and A level. Students gain a full appreciation of how markets and the real economy operate, using up to date examples and thought provoking classroom discussion to interpret daily news from the Economic, Political and Business World. An Economics and Financial Markets club enables current issues to be discussed in more depth.
GCSE Business Studies provides students with an introduction to the departments within a business, as well as an appreciation of the external environment within which businesses operate
The Applied Business course at Key Stage 5 helps encourage students to develop skills, knowledge and understanding in realistic business contexts, such as discovering the problems and opportunities faced by local businesses. This option will appeal to students who have a preference for coursework, as two-thirds of the Units are internally assessed by portfolio.

KS4 Economics topics include:
Supply + demand
Elasticity
Business structures
Taxation + Govt. spending
Externalities
Inflation + Growth
Unemployment
Exchange rates

KS4 Business topics include:
Setting up a business
Production
Marketing
Finance
Human resources
External business environment

Economics
AS: F581: Markets in Action
      F582: The National and the
                 International Economy
A2: F583: Economics of Work and
                  Leisure
        F585: The Global Economy

Applied Business
AS
Unit 1: Investigating Business
Unit 2: People in Business
Unit 3: Financial Planning (exam)
A2
Unit 8: Business Planning
Unit 10: Promotional Activities
Unit 12: Managing People (exam)

Extra Curricular
Students in the Department will have the opportunity to participate in:
London Enterprise Challenge (Y10)
Shares4Sschools (Y12)
The Ifs Student Investor Challenge
The Bank of England Target 2.0 Inflation Competition (Y12/13)
Challenge the Chancellor Competition
Young Economist of the Year (Y12/13)
IFS Young Business Writer of the Year (Y12/13)

Course	Exam board	Syllabus number
A2 Economics	Edexcel	9121
AS Economics	Edexcel	8121
A2 Business Studies	AQA	6131
AS Business Studies	AQA	5131
GCSE Business and Economics	Edexcel (Nuffield - BP)	1171

At Key Stage 4 the Department offers