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Economics and Business Studies

Business

With a focus on helping you to become a good decision maker, in Business you’ll learn essential managerial skills, alongside techniques to help you become an analytical problem solver. These skills are all highly sought after and valued in a wide range of careers.

To study Business is to focus on the dynamic nature of the contemporary business world; you'll explore a wide variety of different areas of business, from key internal functions, such as Finance and Marketing to strategy and globalisation.  Studying Business A-Level at Wisbech Grammar School will provide you with this exciting prospect and enable you to develop and apply your skills in readiness for a life beyond school.

The course is designed to give you the chance to develop and apply the full range of academic skills, while allowing the practical elements of business to be enjoyed. In Lower Sixth, the focus is on decision-making and in Upper Sixth, strategic decision making.  You'll need to be prepared to keep up to date with business news and be prepared to discuss and consider the very real challenges 21st century businesses encounter.

The entire syllabus is assessed across three robust examinations, through a variety of different types of questions.

 

Economics

Economics relates to every aspect of our lives, from the decisions we make as individuals or families to the structures created by government and firms.  The economic way of thinking can help us make better choices. 

Economics A-Level at Wisbech Grammar School will equip you with the skills to tell who will get what, how they will get it and why. It is an engaging subject that can take you beyond the confines of school and out into the wider world. The course that we offer investigates the Micro and Macro environment of economic theory. We study the functions of markets and the behaviour of firms that operate within them. We focus on the wider global trade patterns and drivers for growth in world economies.

There are four themes:

Theme 1: Introduction to markets and market failure

Theme 2: The UK economy – performance and policies

Theme 3: Business behaviour and the labour market

Theme 4: A global perspective

You will be assessed through three examinations, using a range of different question styles.  Lessons explore the core concepts as well as using current economical issues to add context to your learning.  It is a robust subject which will develop your skills which you can then pursue further by studying Economics at University, or transfer those skills developed in other pathways.