Business & Economics
Exam Board: Edexcel (2BC01)
A business is any organisation that works together to achieve a common goal. Business Studies is all about studying the different types of businesses, how they work and what makes them do the things they do. This course will start with learning all about small business entrepreneurs and the skills and qualities they need to help them overcome the challenges of setting up and running their own business.
Lesson tasks can be drawn from business media that pupils are already familiar with such as BBC Dragons’ Den and The Apprentice. It is expected that pupils choosing this course have an interest in current affairs and are able to cope with making presentations to their class peers.
All Students will complete Units 1 & 2 in Year 10.
Unit 1 – Introduction to Small Business which includes; spotting a business opportunity, showing enterprise, putting a business idea into practice, making the start-up effective and understanding the economic context. Assessment – This is a 45 minute external examination made up of compulsory multiple choice questions worth 25% of the total GCSE.
Unit 2 – Investigating Small Business this is the same content as Unit 1. Assessment – This is an Edexcel set research task (controlled coursework) worth 25% of the total GCSE
Pupils will then do one of the below options in Year 11. (The Business Dept will choose which pathway you follow based on your progress in Y10. Please note that all pathways lead to a full GCSE award):-
Unit 3 – Building a Business (Business Studies Pathway) which includes marketing, meeting customer needs, effective financial management, effective people management and the wider world affecting business.
Unit 4 – Business Communications (Business Communications Pathway) which includes communication, communication with stakeholders of a business, business communication tools and communicating via the web. Assessment – Written examination of 1 hour 30 minutes in length worth 50% of the total GCSE
Unit 5 – Introduction to Economic Understanding (Business Studies and Economics Pathway) which introduces pupils to the ways in which economists think, risk or certainty, business competitiveness and growth, economic growth and international trade. Assessment – Written examination of 1 hour 30 minutes in length worth 50% of the total GCSE.
Pupils may progress to sixth form ‘A’ Level, BTEC or NVQ Business courses, vocational training or employment. This course could lead to work in a business-related profession such as accountancy, law, marketing or the leisure and tourism industry.
For more information visit the Business Studies page on the Exam Board's Website
Level 2: Certificate in Business and Enterprise. (VCERT)
This qualification is suitable for learners aged pre-16 and above. This qualification is designed for learners who want an introduction to business and enterprise that includes a vocational and hands-on element. It has been developed to enthuse and inspire learners about a career in business and enterprise. The qualification will appeal to learners who wish to either set up their own business, move into employment or progress onto further study.
The course is solely coursework based with no exams and the 4 mandatory units are:
1) Introduction to Business and Enterprise.
2) Marketing for Business and Enterprise.
3) Finance for Business and Enterprise
4) Plan, develop and participate in a Business or Enterprise project.
For more information visit the VCERT page on the Exam Board's Website
Course Title: Business Studies (7132)
Exam Board: AQA
Qualification: A level
Students starting the course in September 2015 will be studying the newly designed and updated A Level Business Studies qualification. The new Business Studies A Level qualification enables students to develop practical problem solving skills and to acquire the higher order thinking skills necessary to effectively engage in the analysis and evaluation of the issues and challenges that both small and larger businesses face. An overview of the main subject content includes;
• Management, leadership and decision making
• Decision making to improve business performance in the functional areas of; marketing, operations, finance and human resources
• Business strategy
• Managing change
The course is formally assessed at the end Year 13 where students will take three examinations each worth one third of the overall A Level grade. These three examinations will each be two hours in length and assessed out of 100 raw marks. The examinations combine a mixture of different assessments and include; multiple choice questions, short answer questions, essay questions, data response questions and questions based on business case studies.
For more information visit this course's page on the Exam Board's Website
Course Title: Business
Exam Board: Edexcel
Qualification: BTEC Level 3 Subsidiary Diploma in Business
Course Description and Content:
In this course, students develop their understanding of Business. This is a two year course in which students will study six units. All students must study four core units and two optional units.
The four core units are:
Unit 1: The Business Environment
Unit 2: Business Resources
Unit 3: Introduction to Marketing
Unit 4: Business Communication
All units are through pieces of coursework and are assessed to a Pass, Merit or Distinction level.
For more information visit this course's page on the exam board website
Business Administration Level 2 and Level 3 Certificate (NVQ):
This Certificate is aimed at people in an administrative role who want to develop their skills. Administrators should be able to demonstrate how they work and communicate in a business environment using a wide range of everyday administrative tasks.
Each unit in this qualification is split into learning outcomes with associated assessment criteria and some of the mandatory units include:
• Work in a business environment
• Improve own performance in a business environment
• Communicate in a business environment.
Students will gain experience in a real work environment and reflect on what they have learnt by building a portfolio of work.
A2 EDEXCEL ECONOMICS 9EC01 (Final exams Summer 2016)
New A-LEVEL EDEXCEL ECONOMICS (A) 9EC0 (First exams Summer 2017)
What will I learn?
Economics is about choice and the impact of our choices on each other. It relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by governments and firms.
An economic way of thinking can help you make better choices.
In Theme 1 and Theme 2 you will be introduced to the nature of economics, how markets work and why they fail. You will also consider the role of government and the UK economy.
In Theme 3 and Theme 4 you will explore how businesses grow and compete, the labour market and how the government intervenes to make markets work better. You will also explore international trade, inequality within and between countries, emerging and developing economies, and the public finances. You will also have an opportunity to consider the role and impact of the financial sector.
Studying economics will help you develop transferable skills that will prepare you for studying at university or moving into the world of work. These include skills in data interpretation and essay writing. Suitable higher education courses include economics degrees or degrees in applied economics such as environmental economics, labour economics, public sector economics or monetary economics. You might choose to study business economics, econometrics or a business and management degree. Economics students can follow a wide range of careers in industry, commerce, finance and the civil service.
Full details of the new A-level Economics (A) specification can be found at: http://www.edexcel.com/quals/gce/gce15/economics/Pages/default.aspx