Business and Economics

Core Purpose

  • Understand the legal requirements for a valid contract
  • Understand the meaning and effect of terms in a standard form contract
  • Understand the impact of statutory consumer protection on the parties to a contract
  • Know the remedies available to the parties to a contract
  • Examine how the pricing and nature of competition between firms is affected by the number and size of market participants
  • Know the range of different businesses and their ownership
  • Understand how businesses are organised to achieve their purposes
  • Know the impact of the economic environment on businesses
  • Know how political, legal and social factors impact on businesses

 

British Values Coverage

Democracy

Change in Government - BREXIT

The Rule of Law

English Legal System - Employment Law

Individual liberty

Immigration and Migration

Mutual respect for and tolerance of those with different faiths and beliefs

Immigration and Migration

 

Spiritual, Moral, Social and Cultural Coverage

Spiritual - study the importance of different business environments and their evolutionary changes

Economic cycles and trends

Taxation issues

Market and trade cycles

Effects on customers

Moral - ethical business practice

Ecological/environmental issues

National and International legislation

Government and Trading policies

Lobbying and pressure groups

Social - Group work and presentation about many factors

Economics systems. Democracy, the English legal systems.

Lifestyle trends and demographics

Consumer attitudes and opinions

Media views

Fashion and role models

Ethnic and religious factors

Cultural - Study of the culture of business, the culture of consumer attitudes and the impact of these on society

 

Please click here to see the Business and Economics Curriculum Coverage

 

Last updated September 2017