Over the course of 2 years, students study both the Macroeconomic and Microeconomic environment.
The Macroeconomic element considers the wider world in which firms operate and how this affects their choices. The Microeconomic element considers a firm’s more immediate environment and the elements of their business over which they have control. As part of the course, students will be expected to research and apply what they have learnt to genuine Business/Economic case studies. The costs of goods and services, interest rates, exchange rates, inflation – these are all concepts that most students will have heard mentioned at some point in their lives. The course allows students to not only identify and understand what these things are, but to analyse and evaluate how they impact on consumers, businesses and governments alike.
The course is assessed via 3 exams all taken in June in the second year of the course.