Business and Economics at King Edward VII
'Business and Economics examines many of the issues that are currently shaping the world that we live'
- It integrates the two subject disciplines of Business Studies (taught in Y10) with Economics (taught in Y11).
- It is based on active learning, creative thinking and investigating real and current issues such as the 'credit crunch' and the possibility of a recession in the UK.
- It considers International, Ethical and Environmental aspects of the subject.
The GCSE, taught over 2 years, will allow students to engage actively in the study of both subjects and will develop skills such as building arguments and making informed judgements. Students will be encouraged to adopt a critical approach to the subjects and appreciate different perspectives on business and economic issues.
The course is modular and students will be assessed at various points throughout the two years.
The course provides an excellent introduction to both business and economics and provides a rigorous preparation for the study of either or both subjects at A Level here at King Edward VII School.
Unit 1 & 2: Y10
Unit 1: Gives an introduction to small businesses with a focus on issues such as starting as a new business, the skills of an entrepreneur, putting business ideas into practice and the external economic environment.
Unit 2: Is an investigation (coursework) of a small local business under controlled conditions in the classroom. Students are allowed six hours of research time and three hours of writing time. The topic will be given to students e.g. 'What is the most important way in which business you have chosen motivates its workers'.
The Last Unit: Y11
Unit 5: Focuses entirely on economics e.g. how markets work, international trade and exchange rates, monopoly power, how the economy is managed by governments and central banks, debates related to economic growth, the environment and global poverty/inequality.
Assessment There are 3 different pieces of assessment:
Unit 1: An exam at the end of Y10 worth 25% of the GCSE
Unit 2: Coursework makes up 25% of the GCSE
Unit 5: An exam at the end of Y11 makes up 50% of the total GCSE mark and is a mixture of multilple-choice, short and extended answers and data response questions.
Careers Possible career routes include Banking & Finance, Law, Politics, Higher Education, Commerce, Management, Public/Civil Services and obviously starting your own business! The number of girls taking the Business & Economics GCSE is growing each year - about 40% of candidates nationwide are female. Girls also achieve more A* and A grades than boys, so we believe it is definitely a subject for girls as well as boys! People with Economics degrees have one of the highest average graduate starting salaries.
This course is able to be combined with other opportunities within a single application
How to apply
You can apply for this course through UCAS Progress. Add this course to your favourites so you can start making an application.