The Business and Economics department aims to introduce and promote the study of these relevant subjects to inspire the entrepreneurs and economists of the future. The department aims to stimulate curiosity, enjoyment and interest in the courses through hands-on practical application of the topics, an extensive programme of external visiting speakers and through frequent visits to a range of businesses.
The department offers two GCSE options:
The department offers three options at Sixth Form level:
The department has four well-equipped classrooms, each with computers and interactive whiteboards. Computers have access to the ‘Dynamic Learning’ software package for GCSE Business Studies.
The pupils have access to the daily subscription of ‘The i’ and weekly subscriptions to ‘The Week’ and ‘Economic News’.
Mr Michael Milne – Head of Business and Economics
Mrs Anna Brown
Mrs Geraldine Davis
Mr Michael Farish
Courses at GCSE
Two courses are studied at GCSE Level, these are:
GCSE Business Studies (OCR)
Things you will learn:
How small businesses are developed;
How businesses promote themselves;
How businesses keep their customers happy;
How businesses manage their finances and the people who work for them;
How does the recession affect businesses and the decisions they make?
The course is separated into three modules:
Marketing and Enterprise – controlled assessment (25% of final mark)
Business and People – written examination (25% of final mark)
Production, Finance & the External Business environment – written examination (50% of final mark)
GCSE Applied Business (OCR)
Things you will learn:
Actively learn by applying your knowledge to a number of real business scenarios.
Develop an enquiring approach to study.
Make informed judgements.
Develop your knowledge in a number of business areas, including:
Different types of business ownership
Different activities businesses can be involved in
What makes someone want to start their own business
What are the actions that a business will take in order to satisfy customers.
How does a company carry out research?
How does a company advertise its products?
The course is separated into two modules:
The department offers three options in the Sixth Form
A Level Business Studies (AQA)
Business Studies is a wide ranging subject covering everything from how to start a small business to the managing of a large company. Business Studies will draw on your knowledge from many different subjects and is about understanding the world in which we live in. Every day we interact with several businesses and the purpose of Business Studies is to try and understand how businesses work, and what makes them successful.
The AQA qualification in Business Studies develops a critical understanding of organisations, the markets they serve and the process of adding value. It also examines the behaviour of different stakeholders and pupils develop a range of problem-solving and decision-making skills.
Pupils will leave the course with a broad business knowledge which will act as the perfect foundation for a degree in any business discipline at university. The qualification is also relevant for any job; banking, accounting, retail management, advertising and personnel to name but a few.
At AS level two modules are studied:
Unit 1 - Planning and Financing a Business (40% of AS, 20% of A Level, 1 hour 15 minutes examination)
Unit 2 – Managing a Business (60% of AS, 30% of A Level, 1 hour 30 minutes examination)
At A2 level two modules are studied:
Unit 3 – Strategies for Success (25% of A Level, 1 hour 45 minutes examination)
Unit 4 –The Business Environment and managing (25% of A Level, 1 hour 45 minutes examination)
A Level Economics (Edexcel)
As Course – two modules are studied:
1) Competitive Markets. This looks at how markets work & why they fail. This unit provides students with an introduction to the nature of economics and examines the operation of markets for goods and services. Students also examine the nature of market failure, its causes and possible remedies.
2) Managing the Economy. This provides students with an introduction to the key measures of economic performance and the main objectives and instruments of government policy.
A2 Course – two modules are studied:
3) Business Economics & Economic Efficiency. Here students examine the nature of competition between firms; different market structures, (i.e. how competition is affected by the number and size of market participants), and government intervention to promote competition in markets.
4) The Global Economy. This involves the application, analysis and evaluation of economic models in a global context; students are expected to be able to assess policies which might be used to deal with economic problems.
Courses at BTEC
BTEC Travel and Tourism
This new course offers pupils an exciting opportunity to study a dynamic curriculum which allows them to apply their knowledge to the local and national growing tourism industry.
The department offers the BTEC Level 3 Diploma in Travel & Tourism which is a 12 Unit – 2 year qualification and equivalent to 2 traditional A levels.
There are no external examinations and students will develop wide range of transferable skills essential to work and university. These skills include:
independent study skills
problem solving skills
presentation & IT
communication with external businesses
Pupils will leave this qualification ready for the world of work in the Travel and Tourism industry or otherwise.
Over the two years 12 modules are studied (the equivalent of two A levels):
Extra-curricular activities in department
The department offers the opportunity for Sixth Form students to enter the Young Enterprise competition. This is when pupils have the opportunity to develop their own registered business. They compete against other schools on a national level. This year pupils have set up their own fashion label called ‘Off Shore’ and this has proved extremely successful. Pupils were judged to be the best company in the West Country at the Young Enterprise Christmas Market 2014.
There is an extensive programme of external speakers offered by the department. Recent talks have had the following titles; ‘Economics on a Local Level’, ‘The importance of innovation’, and ‘Studying Business at University’.
Learning is supported with trips and visits to local businesses. These trips always have solid links with the topic being studied, for example we visited Lazy Jacks clothing and pupils proposed a new product to match the company’s existing portfolio to the owners.
The department offers the students the opportunity to attend coursework clubs and examination revision clubs to supplement the work carried out in class.