I enjoy that Business Studies is practical and we are often required to go out into the real world of work
GCSE (Edexcel)- Business Studies and Economics
Why should students study this course?
● To encourage students to be inspired, moved and challenged by following a broad, coherent, satisfying and worthwhile course of study and gain an insight into related sectors. It should prepare students to make informed decisions about further learning opportunities and career choices.
● To actively engage in the study of business and economics to develop as effective and independent students and as critical and reflective thinkers with enquiring minds.
● To use an enquiring, critical approach to distinguish facts and opinions, to build arguments and make informed judgements.
● To develop and apply their knowledge, understanding and skills to contemporary issues in a range of local, national and global contexts.
● To appreciate the range of perspectives of different stakeholders in relation to business and economic activities.
● To consider the extent to which business and economic activity can be ethical and sustainable.
The following are skills within business contexts you would be expected to develop during the course:
● practical skills – time management, personal organisation and action planning
● presentational skills – addressing audiences using a variety of media and forms
● personal skills – showing evidence of progression
● interpersonal skills – communication and group work
● cognitive skills – reflection and review of own and others’ performances.
What does the course consist of?
Unit 1 Introduction to Small Business
This unit concentrates on the key issues and skills involved in enterprise. It provides a framework to consider the marketing, financial, human and operational issues involved in starting and running a small business.
Unit 2 Investigating Small Business
In this unit students will use the content of unit 1 to research, analyse and evaluate a selected task on enterprise issues. Students select one Edexcel set task from a choice of five.
Unit 5 Introduction to economic understanding
This unit introduces students to the principles of economic understanding to provide a broad national and international perspective of the subject area.
How will students be assessed?
Unit 1: Written examination (45 minutes) (25% of the total GCSE)
Unit 2: Internally assessed under controlled conditions (3 hours write up) (25% of the total GCSE)
Unit 5: Written examination (1 hour 30 minutes) (50% of the total GCSE)
AS/A2 (AQA) Applied Business Double award
What will the course involve?
As the ‘Applied’ title suggests we try to give you a greater involvement with businesses, so more trips to businesses, more research of real businesses and a greater development of the personal skills you will need to do well in a business. The Applied course is worth 2 A Levels, so you spend double the amount of time studying it than on a single A Level subject. The course involves 50% coursework and 50% exams, so is perfect if your strengths lie in producing coursework.
This course enables candidates to develop both a broad understanding of Applied Business principles and gives them the opportunity to focus on a specific pathway, eg Marketing, Finance, Human Resources and Administration. In addition, the qualification covers a mixture of teaching and learning experiences from the theoretical through to those with a clear practical emphasis.
AS Coursework units:
UNIT 1- Investigating business
UNIT 2- People in business
UNIT 7- Career planning
AS exams units:
UNIT 3- Financial planning and monitoring
UNIT 4- Meeting customer needs
UNIT 5- Business communication and information systems
A2 Coursework units:
UNIT 8- Business planning
UNIT 10– Promotional activities
UNIT 14- Managing change
A2 exam units:
UNIT 11- Marketing environment
UNIT 12- Managing people
UNIT 15- Financial accounting for managers
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