Economics and Business are studied at A Level.
Business has quickly established itself alongside Economics as a very popular Sixth Form option, with over half the pupils studying one or other of the subjects.
Economics is an applied subject taught in the context of the UK economy and the UK’s relationship with the rest of the world. Students address current economic issues using the theory and concepts they learn in the classroom.
They gain a clear understanding of the ways in which businesses, markets and government behave in making economic choices, while developing critical thinking and powers of analysis. Students are encouraged to use a wide range of sources of information to widen their understanding of current issues.
A level in Business explores a range of topics relevant to modern business management and society, including the Business environment and ethical business behaviour alongside the major study areas of Finance, Marketing, HR and Operations management. The subject is taught using a variety of methods and enables students to enhance their skills in decision-making and problem-solving.
Both subjects have moved to the new linear exam with Economics pupils following the new specification from the OCR Exam Board and Business Studies, the new specification from the Edexcel Exam Board.
Visits over the two years of the A level include the Waitrose Distribution Centre, the BMW Mini factory and the Bank of England. Expert speakers from businesses and economics organisations are invited to come into school to provide the students with a wider perspective on their studies.
These subjects provide a good basis for understanding the world and especially the world of work. They complement all other A level subjects and for many students at The Oratory prove to be the subject they choose to continue to study in further education.
Head of Economics
Teacher of Business