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AS/A2 Economic and Business Studies at Queen Elizabeth's Grammar School, Horncastle

Course description

You do not need to have studied GCSE Economics or GCSE Business Studies to take an AS or A2 level course in Economics and Business Studies. It is more important that you have a lively and enquiring mind, an interest in business and economic affairs and a desire to explore new ideas and communicate them effectively.


The AS is made up of two units. Unit 1: Developing new Business Ideas covers the characteristics students would need to develop to be successful in business and how new or existing businesses generate their product or service ideas and test them through market research. Students also consider the competition in the market; the economic climate; how the business might be financed and how much revenue the idea might generate. Unit 2b: Business Economics considers the market that the business might operate in; how competition in the market and economic change is likely to affect it and how businesses can seek to minimise uncertainty thorough their actions.

The A2 is made up of two further units. Unit 3: International Business aims to introduce the student to the world of international business and issues which a company trading internationally would have to consider. Unit 4b The Wider Economic Environment and Business covers why certain markets fail; how government decision making affects the economy and markets in which companies operate, and the income and welfare of private individuals.


Students with AS and A2 level Economics and Business Studies have access to a wide range of possible career and higher education opportunities. You learn and use a variety of transferable skills throughout the course. These include: collecting and analysing economic and business information from different sources; development of written and oral communication skills and development of problem-solving and evaluation skills.

Entry requirements

To study AS Economics and Business Studies you do not have to have studied either Economics or Business Studies. However, it is expected that you have obtained at least a grade B in either Maths or English GCSE.

Future opportunities


Economics and Business Studies combines well with a range of social science and humanities subjects and can lead to university courses in areas such as law, accounting, politics, geography and of course economics and business. The subject also provides a good background for those students considering setting up their own business

How to apply

If you want to apply for this course, you will need to contact Queen Elizabeth's Grammar School, Horncastle directly.

Last updated date: 14 July 2014

Key information

  • Start date: Next September
  • Duration: 2 years