Economics and Business Studies

Plymouth College offers AS/A level and GCSE courses in Economics & Business Studies and an Economics course for the International Baccalaureate (IB).

Aims and Philosophy

On leaving full-time education, young people are expected to participate in the world of work - the world of economic and business decisions. This world is full of uncertainty and jobs are no longer for life so youngsters need to be able to approach the future in a flexible manner. They are required to find ways of solving problems and dealing with a range of perspectives in many different situations. The GCSE course aims to give them these skills, making significant use of Information Technology along the way.

 The AS/A level syllabus assumes no previous study of Economic and Business Studies (indeed each year, several of its participants are new to the subject), but it also provides a natural progression from the GCSE. The course is designed to give students the wherewithal to use economic and business terminology, concepts and methods and be able to make informed evaluative judgements. Developing a spirit of engagement and self-motivation through active, investigative learning leading to an enduring interest in, enthusiasm for and knowledge of the business environment is a very important intention of the programme. This A level is good preparation for those going to university to study one of a range of economics or business related courses, or for any number of disciplines for that matter

The Economics section of the IB is designed to enable students to develop their critical thinking and their ability to develop as independent learners and at being able to recognise bias. In addition, it builds core knowledge of economics and an awareness and understanding of internationalism in economics. It, too, is an ideal preparation for economics or business related courses.

Course Content

The GCSE Edexcel course is modular, pupils sitting an exam paper - Introduction to Small Business - at the end of Year 10, together with an internally assessed piece of controlled assessment.  In Year 11, there is a final exam, worth the remaining 50% of marks and entitled Introduction to Economic understanding.

The A level operates on a modular system.  We follow the Edexcel Economics & Business syllabus.   At the end of the first year, two units are examined, with two further units assessed at the end of the Upper Sixth.

The IB in Economics is based on four major topics - Microeconomics, Macroeconomics, International Economics and Development Economics

Resources

Frequent use is made of the IT suites for all classes.  The department has its own two classrooms, both of which have full interactive whiteboard equipment.

Extra-Curricular

The Department offers numerous opportunities beyond the classroom.  There is a string of successes that we have achieved in national competitions for our sixth formers.  These include:

  • IFS Student Investor national finalists for consecutive years from 2005 to 2009 and winners in 2004 (out of 1000 participating schools).
  • CIMA management national winners 2005, 2007, 2008.
  • Ogden Business Trust South-West winners 2006, 2008.
  • Young Consumer Competition South-West winners 2006, 2007.

In the Lower Sixth, students also have the chance to be a member of a Young Enterprise Company and emulate our 2009 students, 'Affinity', who won the National Competition.

Special Information

For several years we have had remarkably strong results.  From 2002-9 all A level candidates (a total of 173) passed their exams, with 77% securing A or B grades.  In 2006 and 2008, we had two students placed in the top five nationally. Even better, in 2009, Plymouth College students occupied first, second, third and fourth positions in the whole United Kingdom for this syllabus!

At GCSE level over the last ten years there have been a total of 288 students.  Of these, 96% passed at A*-C, including 41% at A* or A.  Here, too, we feature strongly among the top national performers, one finishing third in 2008.