Business and Economics
Business and Economics Curriculum Intent Statement
In Business and Economics, our intent is to provide an enjoyable learning experience for all our students by enriching their understanding of the world around them, thereby helping to prepare for their future working environment.
Business and Economics Vision
We aspire to provide a curriculum that is influenced by Business and Economics processes, people and place and Business and Economics skills. We strive to develop our students’ breadth of knowledge and understanding and deepen their critical thinking in terms of the impacts of business and government decision making. This in turn will guide them to understand how these decisions are affected by cultural, social, spiritual and emotional choices, which we hope will help to nurture entrepreneurial talent in the future.
Business and Economics Purpose
A high-quality Business and Economics education inspires entrepreneurial talent and prepares them for their future careers. Learning how to apply their knowledge and understanding to different business contexts ranging from small enterprises to large multinationals and businesses operating in local, national and global contexts, our students develop a curiosity and interest in the decision-making process and behaviour of businesses and the government. They understand how businesses meet the needs and wants of society, despite the economic problem of scarce resources and unlimited wants. Analysing the impacts of these decisions enhances their understanding of who is affected, how they are affected and why they are affected. By analysing both internal and external factors, students see how both business and economics influences simple everyday consumer behaviour, for example, how the price they pay for goods and services, is influenced by the process of demand and supply and decisions made by the Government through taxation, and the Bank of England through changes in interest rates. Evaluating these impacts helps our students draw well informed short-term and long-term judgements.
KEY AREAS THAT EMBED THE TEACHING OF BUSINESS AND ECONOMICS
Business in the real world
Accounting and Finance
External influences on business
Risk and contingency management
Business Operations/Operations Management
Business objectives and strategic decisions
Human Resources/Human Resource Management
The global Environment
Balance of Payments
Forecasting and decision making