Business and Economics

 

Department Overview

Business and Economics are practical, 

applied and exciting. In both subjects theories are explored and investigated using examples of real life economic situations and the many businesses with whom we interact every day. Economics is designed so that pupils develop an understanding of the relationships which make the economy work. Business enables students to think about business in a critical manner, examining both the favourable and the unfavourable aspects, using all sources of business information.

 

Business

We all interact with businesses on a daily basis, from employing us to selling products and services to us, and whether you want to become a top industry executive, or just want to further your understanding of how the world works, then taking Business is a great place  to start.

Business allows students to study organisations in a variety of contexts form small to large, from manufacturing to retail, from domestic to international. Along the way, students will develop rigorous analytical skills, learn to interpret and evaluate evidence, and critique business decisions.

Here at Stafford Grammar School Business may be studied at GCSE and A Level. We follow the specifications set by the AQA Examination board (GCSE Business 8132; A Level Business 7132). GCSE Business is a two year linear course which we begin teaching at the start of year 10.

A level Business is also a two year linear course which is assessed by end of course examinations. There is no coursework.

Economics

We are all participants within economic systems, and the more we understand about how these work, the better. From the price of the clothes we buy to the decisions made by the Chancellor of the Exchequer, from how we spend our free time to the big political issues of our times, from high finance to developing nations, Economics provides us with the answers that help make sense of the world.

Here at Stafford Grammar School Economics may be studied at A Level. We follow the specification set by the AQA examination board (A Level Economics 7136) and it is split into two related disciplines: Microeconomics (the study of markets, demand, supply, firms, costs and prices) and Macroeconomics (GDP, inflation, unemployment). A level Economics is a linear course which is assessed by end of year examinations. There is no coursework.