Lower 6th Form CurriculumSyllabus Followed: OCR
Entry Requirements: Grade C in Maths. Grade C in English Language
3 Units are covered and externally assessed.
3 Units are covered and externally assessed.
Business Studies is as demanding intellectually as Economics, but is less theoretical. It is not a vocational course. It draws on a wide range of disciplines, such as human resource management, finance, production and marketing and integrates them in the context of an organisation’s external environment. Through case studies and visits to a number of businesses, you will have frequent opportunities to see classroom theory applied in real situations. Few Business Studies problems have a single, simple answer, so you will need to be able to assemble and sift evidence from a variety of disciplines in developing a solution to a problem.
Although Economics and Business Studies share some common content there is a fundamental difference in emphasis between the two subjects. Take, for example, a rise in the rate of interest. The Economist would seek to explain why the rate has changed, through the use of theoretical models and diagrams and these models would be used to attempt to predict subsequent changes within the whole economy. In contrast, the Business Studies student would be more concerned with what effect the change in the interest rate would have on an organisation, its employees and customers.
