Business & Economics
This new innovative Edexcel GCSE - (2BE01) click here for exam board site - comprises a common enterprise-themed business core alongside an exciting opportunity to study economics at both a personal, national and international level. Students will be introduced to the world of small businesses and will look at what makes someone a successful business person. The course focuses on how to develop an idea and spot an opportunity, and turn that into a successful business. Furthermore, students will understand how to make a business effective and manage money. They will also see how the world around us affects small businesses and all the people involved.
The economics module teaches students how to think like an economist and learn how the economy functions (growth, unemployment, inflation, balance of payments and exchange rates), the government’s role in the economy and its impact on business. Also the course examines what causes businesses to fail, how businesses grow and inequality.
Assessment
- Unit 1 – Introduction to Small Business (Yr 10): 45 mins written examination (25% of the total GCSE)
- Unit 2 – Investigating Small Business (Yr 10): This unit is internally assessed under controlled conditions. (25% of the total GCSE)
- Unit 5 – Introduction to Economic Understanding (Yr 11): 90 mins written examination (50% of the total GCSE)
