Economics

Key Stage 5

Economics vision document

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Key Stage 5

Theme 1: Introduction to markets and market failure

• How firms make decisions about what to produce.
• How consumers decide what to buy.
• Issues such as pollution, congestion, the National Health Service.

Theme 2: The UK economy

• The policies the government uses to overcome problems such as unemployment, inflation and economic growth.

Theme 3: Business behaviour and the labour market

• How firms decide upon how much to produce and what price to sell at.
• How different industry structures work.
• How the government intervenes

Theme 4: A Global perspective

• How countries trade with each other.
• Policies governments use to manage the effects of international trade on their economy.

Key Stage 5

Young Enterprise Company programme in year 12

Economics debate Club in KS5

Enterprise Club in KS3

Young Enterprise Tenner Challenge in KS3 and 4

Business Industry Club in KS5

Royal Economics Society Essay Competition

London School of Economics Lectures in KS5

School trip to Prague in Year 12

School trip to Chapel Down vineyard and Port Lymph Zoo in Year 12

School trip in Year 13 linked to the A level Paper 3 industry (past trip have included Cadbury’s in Birmingham and The Mini factory in Oxford)