At AS level the course begins with basic bookkeeping up to trial balance preparation. This is extended to the preparation of year-end accounts for a range of unlimited liability businesses: sole traders, partnerships, clubs and societies. Students are taught to make a preliminary analysis of year-end accounts and interpret simple business performance ratios. Some techniques are also taught to help with the correction of errors and stock valuations prior to year-end accounts completion.
At A2 level students build on their year-end accounts knowledge to prepare published accounts within the regulatory framework for ltds and plcs and to make more extensive interpretation of business performance using a wider range of ratios especially investment potential ratios. Management accounting techniques of budgeting, standard costing and capital expenditure appraisal are taught together with an analysis of costing and break-even analysis.
Develop a knowledge and understanding of local, national and international business, its language, concepts and techniques.
Introduce pupils to marketing, accounts, production and human resources functions of business.
This course is offered in Years 10 and 11. Students are introduced to the aims and objectives of business and examine the role of marketing activities. The various forms of business ownership are taught and are related to sources and uses of finance, human resources and production issues. External influences are examined and the perspectives of a wide range of stakeholders are given consideration.
Over the two year course, six main themes are covered: Marketing, Accounting & Finance, Operations Management, People, Objectives & Strategy, External Influences.
This course is offered in Years 10 and 11. The OCR specification covers market systems and market failure. Macro-Economic concepts and policies are taught and linked to business behaviour. Pupils are also introduced to international trade and the concept of globalisation.
At AS Level, the course begins with a basic introduction to economic concepts through study of the Market System. Students then build on this knowledge to study Market Failure and Government Intervention and also The National Economy. Pupils are also introduced to the global economy and the interactions between different trade areas.
At A2 Level students will learn about the economics behind the transport industry as well as studying the wider global economy focussing particularly on developing economies and promoting sustainable development.
We run an annual competition for Year 9 pupils along the lines of the Dragon’s Den television programme. This has resulted in some fantastic and innovative ideas which are judged by a team of local entrepreneurs and our own leadership group members.
Our Year 12 Dragon’s Apprentice groups were very successful last year and the students involved in running them have gained really valuable experience. The profits generated by the teams are donated to a local charity selected by the Dragon’s Apprentice leaders.
The ‘Target 2.0’ competition is run by the Bank of England and involves pupils researching the UK economic climate to recommend and justify an appropriate interest rate to a panel of judges. St George’s pupils were runners up in the local regional round of this competition in 2010.
Miss A Philpott (Head of Department)
Mrs R E Potter (Economics)
Mr W Davitt (Business Studies, Accounts and Economics)
Mrs W Mathews (Business Studies, Finance and Economics)