Key Stage Information

Key Stage 4

GCSE Business Studies (Edexcel)

 

Year 10: Focus on entrepreneurship and starting a small business.  Controlled Assessment (25%) in Summer of Year 10 and Examination (25%) in June of Year 11.

Year 11: Focus on how a business develops and grows.  Examination (50%) in June of Year 11.

BTEC Level 1/2 First Award in Business

 

(Equivalent to one GCSE. Level 2 award equals one GCSE at Grades A* - C)

Course followed throughout Years 10 and 11.  The students complete four units of work. Each student produces a portfolio of work based on three units of study that are assessed internally. One unit is compulsory with the remaining two units drawn from a list of optional units. These three units represent 75% of the course. The fourth unit is Finance for Business and is worth 25% of the course. This unit is assessed by way of an on-line test that is assessed externally. This test can be taken on more than one occasion if necessary

GCSE Economics (AQA)

Year 10: Focus is on Personal Economics. Students will study the financial life cycle in terms of saving, borrowing and investment. They will consider the impact on individuals due the policies of the UK Government and the EU in respect of taxation and spending

Year 11: Focus is on how the UK Government manages the economy coupled with a major study of an important economic issue such as Globalisation, the environment, expansion of the EU.

Assessment is by way of two examinations taken at the end of Year 11

Key Stage 5

A-Level Economics and Business - Edexcel (This qualification finishes in June 2016)

 

Unit 1: Developing New Business Ideas - covers the thinking and activities that entrepreneurs and existing businesses undertake when developing and researching new business ideas.  Examination (25%) in January of Year 12.

 

Unit 2b: Business Economics - considers the market that a business may be operating in, how competition in the market and macroeconomic change is likely to affect it.  Examination (25%) in June of Year 12.

 

Unit 3: International Business - introduces what businesses need to consider if they were to trade internationally and the impact of China and India on UK businesses and its economy.  Examination (25%) in June of Year 12.

 

Unit 4b: The Wider Economic Environment and Business - considers why certain markets fail, how government decision-making affects the economy and markets that companies operate in, and the income and welfare of private individuals.  The main theme for 2013 is The UK Railway System. Examination (25%) in January of Year 13.

 

A Level Business –Edexcel (Commencing September 2015)

Theme 1: Marketing and people – includes, meeting customer needs, the market, marketing mix and strategy, managing people and, entrepreneurs & leaders.

 

Theme 2: Managing business activities – includes, raising finance, financial planning, managing finance, resource management and, external influences.

 

Theme 3: Global Business – includes, globalisation, global markets and business expansion, global marketing and, global industries &companies (multinational corporations).

 

Theme 4: Business decisions and strategy – includes, business objectives and strategy, business growth, decision-making techniques, influences on business decisions, assessing competitiveness and, managing change.

 

 

Assessment:

AS Level – Two examinations based on Themes 1 &2 taken in May/June in Year 12

A Level – Three examinations taken in June Year 13. Paper 1 Themes 1 & 4, Paper 2 Themes 2 &3, Paper 4 all four themes

 

A Level Economics B – Edexcel (Commencing September 2015)

Theme 1: Market, consumers and firms – includes, scarcity, choice and potential conflicts, enterprise, business and the economy, introducing the market, the role of credit in the economy, market failure and government intervention and, revenue costs &profits

 

Theme 2: The wider economic environment – includes, business growth and competitive advantage, firms consumers & elasticities of demand, productive efficiency, life in a global economy, the economic cycle and, introduction to macroeconomic policy

 

Theme 3: The global economy – includes, globalisation, economic factors in business expansions, impact of globalisation on global companies, Impact of globalisation on local and national economies, global labour markets and inequality and redistribution

 

Theme 4: Making markets work – includes, competition and market power, market power and market failure, market failure across the economy, macroeconomic policies and impact on business and individuals and, risk and the financial sector

 

Assessment:

AS Level – Two examinations based on Themes 1 &2 taken in May/June in Year 12

A Level – Three examinations taken in June Year 13. Paper 1 Themes 1 & 4, Paper 2 Themes 2 &3, Paper 4 all four themes

 

 

BTEC Level 3 Diploma in Business

 

(Equivalent to 2 GCE A Levels at grades A* - E)

Course to be followed throughout years 12 and 13. Each student produces a portfolio of work based on twelve units of study.  Assessment is based purely on the portfolio, i.e. no examinations! Four units are compulsory with remaining units drawn from a list of optional units. Please note: The structure of this qualification is due to change in September 2016

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