{"id":24121,"date":"2026-08-06T20:00:48","date_gmt":"2026-08-06T19:00:48","guid":{"rendered":"https:\/\/jorichardson.creativeschools.co.uk\/?page_id=24121"},"modified":"2026-08-10T14:13:45","modified_gmt":"2026-08-10T13:13:45","slug":"business-and-economics","status":"publish","type":"page","link":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/learning\/subjects\/business-and-economics\/","title":{"rendered":"Business and Economics"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">To find out about how the Business and Economics department use the ACHIEVE ethos, please click on the document below.<\/p>\n\n\n\n<div class=\"wp-block-file\"><a id=\"wp-block-file--media-1be1bfc3-28b6-42c4-96a4-447f3e89becc\" href=\"https:\/\/jorichardson.creativeschools.co.uk\/wp-content\/uploads\/2026\/08\/ACHIEVE-in-Business-and-Economics.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">ACHIEVE in Business and Economics<\/a><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Curriculum<\/h2>\n\n\n\n<div class=\"wp-block-pb-accordion-item c-accordion__item js-accordion-item no-js\" data-initially-open=\"false\" data-click-to-close=\"true\" data-auto-close=\"true\" data-scroll=\"false\" data-scroll-offset=\"0\"><h2 id=\"at-241210\" class=\"c-accordion__title js-accordion-controller\" role=\"button\">Key Stage 4<\/h2><div id=\"ac-241210\" class=\"c-accordion__content\">\n<p class=\"wp-block-paragraph\">The Business Department offers a number of educational pathways for JRCS students.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>BTEC Tech Award in Enterprise<\/li>\n\n\n\n<li>GCSE Business Studies<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Year 9 \u2013 if you are thinking of choosing BTEC Business or GCSE Business, there are a few things you need to know\u2026<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If you prefer coursework over exam then BTEC could be the right course for you as it is assessed mainly by coursework, but every piece of work you do counts towards your final grade so don\u2019t think this is the easy option, because it\u2019s not!<\/li>\n\n\n\n<li>You can only study one business course in year 10, so you would choose either GCSE or BTEC.<\/li>\n\n\n\n<li>We offer intervention and revision sessions out of school hours for all of our subjects.<\/li>\n\n\n\n<li>You will work hard in Business, but our past students tell us that they like the subjects they have chosen and often choose them again for Sixth Form and university. They say \u201cBusiness is about life.\u201d<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\">Key Stage 4 Courses Offered<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">GCSE Business Edexcel<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Students just arriving in year 10 are on the 9-1 graded specification. Their course consists of \u2026<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Theme 1: Investigating a Small Business<\/strong>\n<ul class=\"wp-block-list\">\n<li>Topic 1.1 Enterprise and entrepreneurship<\/li>\n\n\n\n<li>Topic 1.2 Spotting a business opportunity<\/li>\n\n\n\n<li>Topic 1.3 Putting a business idea into practice<\/li>\n\n\n\n<li>Topic 1.4 Making the business effective<\/li>\n\n\n\n<li>Topic 1.5 Understanding external influences on business<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Theme 2: Building a Business<\/strong>\n<ul class=\"wp-block-list\">\n<li>Topic 2.1 Growing the business<\/li>\n\n\n\n<li>Topic 2.2 Making marketing decisions<\/li>\n\n\n\n<li>Topic 2.3 Making operational decisions<\/li>\n\n\n\n<li>Topic 2.4 Making financial decisions<\/li>\n\n\n\n<li>Topic 2.5 Making human resource decisions<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The course is assessed by\u2026<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">100% Exam<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Theme 1: Worth 50%<\/li>\n\n\n\n<li>Theme 2: Worth 50%<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Progression routes include BTEC Nationals in Business, A Level courses or employment<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">BTEC Tech Award in Enterprise<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This vocational qualification is equivalent to 1 GCSE. It is two components of coursework and one exam. Students will learn about entrepreneurs, small business start-ups, finance and will create and pitch their own business plan as part of this course.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Studied in Year 10<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Component One \u2013 Exploring enterprises<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Studied in Year 11<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Component Two \u2013 Planning for and pitching an enterprise activity<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Studied across the two years and the exam sat in year 11<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Component Three \u2013 Promotion and finance for enterprise<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Each coursework Component is worth 30% of the final grade.<br>The exam component is worth 40% of the final grade.<br>The grades awarded overall are, Pass, Merit, Distinction or Distinction*<\/p>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-pb-accordion-item c-accordion__item js-accordion-item no-js\" data-initially-open=\"false\" data-click-to-close=\"true\" data-auto-close=\"true\" data-scroll=\"false\" data-scroll-offset=\"0\"><h2 id=\"at-241211\" class=\"c-accordion__title js-accordion-controller\" role=\"button\">Key Stage 5<\/h2><div id=\"ac-241211\" class=\"c-accordion__content\">\n<h3 class=\"wp-block-heading\">BTEC National Level 3 Extended Diploma in Business (NQF)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This qualification is worth&nbsp;3 A Level grades (Extended diploma) Distinction* \u2013&nbsp;PASS. It uses three&nbsp;option blocks and provides a Vocational alternative for students.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>13 Assignments<\/li>\n\n\n\n<li>4 external assessments\n<ul class=\"wp-block-list\">\n<li>3 Case studies in the classroom<\/li>\n\n\n\n<li>1 exam sat in the hall<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In year 12 Students will study,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Internally assessed&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unit 1: Exploring Business<\/li>\n\n\n\n<li>Unit 4: Managing &nbsp;a Business Event<\/li>\n\n\n\n<li>Unit 8: Recruitment and Selection Process<\/li>\n\n\n\n<li>Unit 22: Market Research<\/li>\n\n\n\n<li>Unit 18: Creative Promotion<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Externally assessed&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unit 2: Developing a Marketing Campaign<\/li>\n\n\n\n<li>Unit 3:&nbsp;Personal and Business Finance<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In year 13 Students will study,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Internally assessed&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unit 5: International Business<\/li>\n\n\n\n<li>Unit 9:&nbsp;Team Building in Business<\/li>\n\n\n\n<li>Unit 19:&nbsp;Pitching for a New Business<\/li>\n\n\n\n<li>Unit 27:&nbsp;Work Experience in Business<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Externally assessed&nbsp;<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unit 6: Principles of Management<\/li>\n\n\n\n<li>Unit 7: Business Decision Making<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Homework Policy<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Students are given assignments and deadlines to meet. The student will have lesson time and&nbsp;study time in school to complete this work, but they will also need to complete work out of school at&nbsp;home \u2013 as homework. The quantity of this homework will depend on the student and their ability to&nbsp;manage their workload effectively during the day. Managing workload is part of the learning curve&nbsp;of the course. Students will have additional work to complete if they do not achieve work on their&nbsp;first submission. Also students will have a higher workload if they are working towards merit and distinction grades. Work is assessed by the class teacher, internally verified by the Lead IV (Miss&nbsp;Wright) and a sample is checked externally by Pearson. All marking occurs in line with the BTEC&nbsp;marking policy, details of which can be found in the JRCS BTEC Student handbook.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">A Level Business (Edexcel) 2 year course<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Taught by 2 different teachers consecutively delivering Theme 1 and Theme 2 in year&nbsp;12&nbsp;and&nbsp;Theme 3 and Theme 4 in year 13<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Year 12<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Theme 1: Marketing and People<\/li>\n\n\n\n<li>Theme 2: Managing Business Activities<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Year 13<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Theme 3: Business Decisions and Strategy<\/li>\n\n\n\n<li>Theme 4: Global Business<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Assessed by<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3 x 2 hour exams sat in year 13<\/li>\n\n\n\n<li>Paper 1: Marketing, People and Global Business<\/li>\n\n\n\n<li>Paper 2: Business Activities, Decisions and Strategy<\/li>\n\n\n\n<li>Paper 3: Investigating Business in a Competitive Environment<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">A level Economics (Edexcel A) 2 year course<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Taught by 2 different teachers consecutively delivery Micro and Macros Economics<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Year 12<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Theme 1: Introduction to markets and market failure<\/li>\n\n\n\n<li>Theme 2: The UK Economy \u2013 Performance and policies<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Year 13<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Theme 3: Business behaviour and the labour market<\/li>\n\n\n\n<li>Theme 4: A global perspective<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Assessed by<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3 x 2 hour exams sat in year 13<\/li>\n\n\n\n<li>Paper 1: Markets and Business Behaviour<\/li>\n\n\n\n<li>Paper 2: The National and Global Economy<\/li>\n\n\n\n<li>Paper 3: Microeconomics and Macroeconomics<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">KS5 A level homework policy<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Formal homework will be set by each teacher at least once per week. Therefore students should&nbsp;expect 2 pieces of formal homework that will involve some writing twice a week. (usually issued on&nbsp;double lessons) Other mini homeworks might be set where the student has to observe something,&nbsp;or watch something or think about something. All homework should be relevant to the lessons&nbsp;being studied at the time. Marking will be done within 1 week of student submission. Where&nbsp;possible, homework will be marked with the aim of returning it by next lesson. Feedback will be&nbsp;given to the students on their performance and how to improve in the future.<\/p>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Enrichment<\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">\u201cEnterprise education is about creating a \u2018can do\u2019 attitude and encouraging students to have the&nbsp;drive to make things happen.&nbsp; It is supported by better financial capability and business and&nbsp;economic understanding.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">We want to help our students develop the qualities of an entrepreneur:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Self-reliance<\/li>\n\n\n\n<li>\u2018Can do\u2019 outlook<\/li>\n\n\n\n<li>Risk taking<\/li>\n\n\n\n<li>Committed<\/li>\n\n\n\n<li>Ambitious<\/li>\n\n\n\n<li>High aspirations<\/li>\n\n\n\n<li>Responsible<\/li>\n\n\n\n<li>Motivated<\/li>\n\n\n\n<li>Independent<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Over the past few years JRCS students have enjoyed a number of opportunities.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Guest speakers<\/li>\n\n\n\n<li>Internships with high profile entrepreneurs.<\/li>\n\n\n\n<li>Jack Petchey Speak Out challenge<\/li>\n\n\n\n<li>Big Stir Coffee Morning<\/li>\n\n\n\n<li>Children in need fundraising<\/li>\n\n\n\n<li>JRCS \u201cThe Apprentice\u201d<\/li>\n\n\n\n<li>Speedy Saver Snacks<\/li>\n\n\n\n<li>Running the lower school disco<\/li>\n\n\n\n<li>Setting up JR INK, the School Stationery shop<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Marking Policy<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Marking Policy for this page is undergoing updates, please visit again soon for an updated policy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our department mission statement is to nurture the passion for business and economics in our students, encouraging them to take steps on their pathway to success in the world of business.<\/p>\n","protected":false},"author":1,"featured_media":947,"parent":3690,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-24121","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":{"enable_related_news":false,"news_category":73,"enable_related_staff":true,"staff-team":17},"_links":{"self":[{"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/pages\/24121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=24121"}],"version-history":[{"count":16,"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/pages\/24121\/revisions"}],"predecessor-version":[{"id":24142,"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/pages\/24121\/revisions\/24142"}],"up":[{"embeddable":true,"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/pages\/3690"}],"acf:term":[{"embeddable":true,"taxonomy":"staff-team","href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/staff-team\/17"},{"embeddable":true,"taxonomy":"category","href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/categories\/73"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/media\/947"}],"wp:attachment":[{"href":"https:\/\/jorichardson.creativeschools.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=24121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}