Economics

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Head of Department: Mr Z Jolin

Teachers: Mr P Hogg, Mr O Jackson, Mrs J Mountford

The Business and Economics department is one of the largest at A Level, while also being one of the most popular for Key Stage 4 students choosing their options for Year 10. The department is dedicated not only to academic excellence, but also to equip all students with the necessary knowledge, skills and experience for further study and ultimately for the world of work. [Updated 2023/24]

Co-curricular activities

Young Enterprise and planned trips to national-scale businesses.

Curriculum overview

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
(John Maynard Keynes)

A Level: Years 12 and 13

TWGSB Year 12 and 13 Economic Table

Year 12 curriculum outline
  • Microeconomics – the market and market failure
  • Macroeconomics – the national economy
Year 13 curriculum outline
  • Microeconomics – the labour market, individual decision making and the theory of the firm
  • Macroeconomics – the international economy and trade
Examinations

Paper 1: Markets and business behaviour (35%)

Paper 2: National and global economy (35%)

Paper 3: Micro- and macro-economics (30%)

Exam board: Edexcel A

Course specification to come

Careers Education

  • By the very nature of the subject, students will develop an understanding of the world of work. Students study the application process for jobs, the importance of the interview and workforce planning. They understand the changing dynamics of the labour market and how they can best plan for their future careers from this.
  • Strong links with AXA-PPP, who have hosted enterprise days with the help of Year 12 students.
  • University and personal statement support.
  • Enterprise education delivered by the department through drop-down days and Young Enterprise.
  • 'Statistically, students who continue to study economics at degree level will attract the greatest earning premiums of all courses.' (BBL, 2018)