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    Economics & Business

    Dynamic subjects which draw on current events.

    Economics and Business at A Level amd our new BTEC Level 3 Extended Certificate in Business provide a good basis for understanding the world; especially the world of work. These subjects complement all other A Level choices and, for many pupils at The Oratory, prove to be the subject that they choose to continue to study in higher education.
     

     

    Economics & Business at The Oratory

    Both A Levels explore 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 subjects are taught using a variety of methods, enabling pupils to enhance their skills in decision-making and problem-solving.

    The BTEC Level 3 Extended Certificate in Business is ideal for pupils looking for a more practical learning experience. It is designed to help pupils develop the commercial knowledge and skills needed to succeed in the world of business.

    About

    Both Business and Economics A Levels are very popular at The Oratory. There are around 80 pupils studying either Business or Economics in the 6th Form.  All Business and Economics pupils follow the Edexcel specification.

    Many of our pupils progress to Economics and Business related degree courses at both UK and international universities.

    Economics

    Economics is about making choices and the impact of our choices on each other. It relates to every aspect of our lives; from the decisions we make as individuals or families to the structures created by governments and firms.

    Inessence, Economics studies how scarce resources can best be allocated in our ever-changing world. From that simple, yet vital, issue flows the body of economic thought. Economics is increasingly popular in the 6th Form. Its principles provide unparalleled analytical tools to interpret the world around us and to shine a light on all the great challenges that face humanity – how to grow economies, tackle unemployment, grapple with environmental issues, reduce crime and even understand demographic change.

    If you are interested in Current Affairs, Politics, History, Business or Finance, then Economics is the subject for you.

    The course is split between microeconomics and macroeconomics and is studied via four broad themes. Theme 1 and Theme 3 introduce microeconomic theory, which is applied to the behaviour of consumers and firms. Theme 2 and Theme 4 introduce macroeconomic theory, which looks at the behaviour of governments and economies at both the national and global level.

    Find out more about our Economics A Level, including course content and assessment, here: 6th Form Subject Options Brochure.

    Business

    A Level Business introduces pupils to the fundamental principles of business management, enabling pupils to assess why a company like Zara became a multinational success at a time when other clothes retailers were disappearing from the high street. A Level Business pupils should be motivated, hardworking, have an inquisitive mind, and enjoy being able to link theories and ideas from the classroom to real life examples. No prior knowledge is required, just an interest in the subject.

    The A Level syllabus content is divided into four themes. These cover the main functional areas of a business, which include: marketing, human resource management, operations management, finance and accounting, as well as business strategy and international business management.

    Find out more about our Business A Level, including course content and assessment, here: 6th Form Subject Options Brochure.
     

    BTEC Level 3 Extended Certificate in Business

    Recognised by the UK’s top universities, the BTEC Business programme is ideal for pupils looking for a more practical learning experience. It is designed to help pupils develop the commercial knowledge and skills needed to succeed in the world of business. This is a two-year programme – it is the equivalent of one A Level and carries the equivalent UCAS points. This vocational course offers an alternative to A Levels and will allow pupils to study topics such as business development and strategy, financial planning and accounting, marketing, and recruitment and selection. They will learn from real business successes and failures. Analysing data and communicating using written, numerical, visual and verbal methods are all important parts of the course

    On this programme, pupils will study three core units and a fourth optional unit:

    • Exploring a Business
    • Developing a Marketing Campaign 
    • Personal and Business Finance
    • The fourth optional unit could be ‘The Recruitment and Selection Process’

    Lessons will be based around local and international business case studies and within each unit, pupils conduct research, give presentations, produce papers, and take part in group work.

    The BTEC Level 3 Extended Certificate is assessed through a mix of coursework, supervised assessment, and formal exams.

    Find out more about our BTEC Level 3 Extended Certificate in Business, including course content and assessment, here:
    6th Form Subject Options Brochure.

    Co-Curricular

    We believe in providing our pupils with holistic learning experiences that extend beyond the confines of the classroom. The Business & Economics department offers a range of co-curricular activities aimed at enriching pupils' educational journey and broadening their horizons. Below are some of the exciting opportunities that await:

    The Museum of Brands: Explore the fascinating world of branding and marketing at the Museum of Brands. Gain insights into the evolution of consumer culture and its impact on business strategies. This immersive experience will deepen your understanding of branding principles and their application in real-world scenarios.

    The Royal Mint: Delve into the history and significance of currency and monetary systems with a visit to The Royal Mint. Discover the intricate processes involved in coin production and learn about the role of economics in shaping monetary policies. This trip offers a unique perspective on the intersection of economics, finance, and government.

    Thorpe Park Resort: Enjoy a thrilling day out at Thorpe Park. The trip will include a talk that explores how Thorpe Park operates as a successful business enterprise. Learn about the importance of creative marketing, efficient environmental management, and evolving customer service in achieving business objectives. This unique combination of entertainment and education offers valuable lessons in business management and strategy.

    Cadbury World: Embark on a sweet journey through the history of Cadbury and its integration into Mondelez International. Explore the fascinating story of how Cadbury became part of one of the world's leading confectionery companies. Engage in a discussion on business ownership and its implications for market dynamics. Gain insights into Cadbury's position in the UK and international markets, as well as its strategies for remaining competitive and relevant. This visit provides a delicious blend of history, business, and chocolate.

    New York and Washington Trip with the Politics Department: Expand your horizons with an unforgettable study tour to New York and Washington. Immerse yourself in the vibrant energy of New York City, home to global financial centres and iconic landmarks. Explore the political and economic hub of Washington, D.C., and gain insights into policy-making and international relations. This experience offers invaluable insights into global business practices and cross-cultural communication.

    Participation in these co-curricular activities will not only enhance pupils' understanding of business and economics but also provides them with practical insights and real-world experiences that will enrich their academic journey. We encourage all pupils to take advantage of these opportunities to broaden their perspectives, develop critical thinking skills, and prepare for future success in the world of business.

     

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    Contact Us

    The Oratory School
    Woodcote
    Oxfordshire
    RG8 0PJ

    Tel: +44 (0)1491 683500