Business & Economics

Curriculum Leader: Mr G Maloy

The Business and Economics Department consists of a team of 3 highly skilled and enthusiastic teachers who deliver KS4 and 5 Business / Economics courses and is housed in a suite of 3 classrooms, one of which is a fully equipped IT room. We are a successful and dynamic department, committed to providing high quality courses which reflect the ever changing nature of the subject. We use up to date case studies, visits to companies, invite guest speakers from local businesses into school as well as employ a wide range of learning and teaching strategies in order to engage students in a relevant and highly contemporary curriculum.

Year 9 Foundation year

Year 9 students who have chosen GCSE Business or the level 2 BTEC Business course now follow a foundation year before embarking on their qualification at the start of year 10. This foundation course consists of 4 lessons a fortnight and is intended to give students the opportunity to learn the basics of business as well as carry out investigations into local business organisations so they can apply knowledge learned in their lessons. Topics covered include:

  • The types of business organisation that can be set up by an entrepreneur including sole trader, partnership, private limited company and franchise
  • The employment of a range marketing techniques such as secondary and primary market research methods and the marketing mix (4 P’s) in order to compete successfully in the business environment
  • The use of Human Resource Management in order to attract, train and retain the best employees in an organisation so that a business organisation can continue to operate successfully
  • The use of Operations Management methods such as total quality management and mass customisation that enable a business organisation to create a competitive advantage
  • The study of external factors outside a business organisation’s immediate control that impinge on its success- for example, the ethical values of society and the economic and technological environment

Year 10/11 Business courses

Either GCSE Business Studies or GCSE Applied Business can be taken. These courses have distinct and different learning styles and assessment methods. With both courses, emphasis is placed on developing both the academic and entrepreneurial skills required to be successful in an increasing competitive and globalised world.

GCSE Business – EDEXCEL

The aim of the course is to develop an understanding of how real life businesses operate and the skills needed to successfully set up a business – for example, the marketing and financial skills required to start up and ultimately grow a business. Many of the themes touched on the TV programme Dragons’ Den are covered and other content includes how businesses enthuse and motivate staff as well as how organisations are affected by external factors such as globalisation, competition and changes to government policies. There are three units of assessment:

  • Unit 1 (25% of marks)– a 45 minute multi-choice examination
  • Unit 2 (25%) –where students have to research an aspect of a small business (for example, its promotional strategies) and write up findings under controlled conditions in class.
  • Unit 3(50%) – a 1½ hour examination with more detailed responses required.
  • Additional information on the GCSE Business

Further information on subject content can be accessed via the link below

http://qualifications.pearson.com/en/qualifications/edexcel-gcses/business-2009.html

GCSE Applied Business (Double Award) – AQA

The Applied course is a double award subject and the aim of the course is to encourage students to develop a practical knowledge and understanding of business organisations. Rather than simply learning about the topic in the classroom, the emphasis will also be on carrying out practical investigations into the day-to-day running of businesses. There are four units of assessment as follows:

  • Written Paper – Unit 1- Setting Up in Business (20% of marks)
  • Controlled Assignment – Unit 4- People in Business (30%)
  • Controlled Assignment – Unit 5- Marketing & Customer Needs (30%)
  • Written Paper – Unit 7- Business Finance (20%)

Further information on subject content can be accessed via the link below

http://filestore.aqa.org.uk/subjects/AQA-4130-W-SP-14.PDF#

 

Uptake onto KS5 programmes of study are excellent. We have a thriving post 16 curriculum where year 12 students can follow A Levels in Business and Economics and year 13 students can study Business Studies, Economics or Applied Business to advanced level to suit their area of interest/style of learning.

Economics – OCR

Economics is very much a subject for students who wish to explore real life issues. The course enables students to develop an appreciation of economic concepts & theories through a critical consideration of current issues & problems that affect everyday life. Recent examples of topics covered include:

  • Should we pay to use motorways through tolls in future years?
  • Is an independent Bank of England better able to control the economy than the government?
  • What is globalisation and why are there street protests against it?
  • What are the advantages to the UK of being a member of a trading bloc such as the EU?
  • Should there be intervention to make housing more affordable to local residents in London and UK tourist hotspots?
  • Will the implementation of a “sugar tax” be effective?

Students follow the new updated A Level Economics course (2015) where all examinations are taken at the end of year 13. Additional information on course content/specification can be accessed via the link below.

http://www.ocr.org.uk/Images/170839-specification-accredited-a-level-gce-economics-h460.pdf

Business Studies – AQA

The Business Studies course is an exciting subject that examines the increasingly dynamic and complex environment in which organisations operate. A major focus centres on the implementation of different functional strategies that enable businesses be successful in the marketplace whilst also giving an opportunity to gain a critical perspective of business behaviour through the study of topics such as corporate social responsibility and business ethics and values. Students will gain both important practical business skills used in the world of work as well theoretical knowledge, using business models, theories and techniques to support analysis of current business issues. The course is very much holistic in nature, where the inter-related nature of business is covered. Topics such as digital technology, globalisation and the development of new markets in the Far East are covered throughout the course emphasising the increasing importance of these developments on the business world. Both small and large scale UK focused and global multinationals are studied allowing an appreciation of key issues in a number of different contexts.

Additional information on course content/specification can be accessed via the link below.

http://filestore.aqa.org.uk/resources/business/specifications/AQA-7131-7132-SP-2015-V1-0.PDF

Applied Business – AQA (Year 13 students only)

The Applied Business course is based on the application of theory learned in classroom, to real life business organisations. Content includes the management of human resources, business planning, marketing and financial management – all functions of business that contribute to the successful operations of organisations.

2/3 of all marks are gained through the completion of coursework and 1/3 is gained through externally set tests. The course therefore rewards consistent hard work and each coursework unit is focused on an organisation such as Nestle, Pavers Shoes and Just Bee Drinks. The acquisition of practical learning skills that can be used in later life are a major objective of the course. Activities such as conducting research from a wide variety of sources such as questionnaires and are developed. Additional information on the A Level Applied Business subject content can be accessed below

http://filestore.aqa.org.uk/subjects/AQA-8610-W-SP-16.PDF

As well as visiting local business organisations as part of the everyday curriculum, the department has a number of well-established extra-curricular activities. In KS4, students visit the Coca Cola factory in Wakefield to gain a practical appreciation of the operations and marketing strategies that are implemented in order to make the brand so successful in the UK and worldwide markets. All KS5 students visit London in June and tour the BBC, Westfield Centre Stratford and the Olympic Regeneration site as well the Canary Wharf financial district of London.

A Level Business students have participated in the Nestle Chocolate Box Challenge with the winning group competing in the regional final and a small number of year 13 Economics students were successful in The Bank of England Target 2.0 Interest Rate competition where the school reached the North of England and Midlands final round.