This course encourages you to develop an interest in, and enthusiasm for, the study of economics, appreciate the contribution of economics to the understanding of the wider economic and social environment, develop an understanding of a range of economic concepts and an ability to use these in a variety of different contexts, use an enquiring, critical and thoughtful approach to the study of economics and an ability to think as an economist.
You will be introduced to the characteristics needed to be successful in business; how to generate product or service ideas; consider the market; economic climate; sources of finance; competition; the effect of macroeconomic change and how businesses minimise uncertainty.
You will be introduced to the domestic and international business world; why markets fail; how government decisions affect business and the individuals buying patterns; how government policy can succeed or fail and why the regulation of some markets is necessary. Edexcel Specification Economics B 9EB0.
The majority of universities offer degrees in both Economics and Business. This qualification enables you to access both therefore offering an increased choice of destination and career opportunities. As all students will be involved in working for or managing their own business, the concepts and skills studied together with good economic understanding will be invaluable in further education or employment.
C grade in English GCSE, C grade in Mathematics at GCSE