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Chingford Foundation School

Business and Economics

Business

The combination of academic challenge and practical focus makes the prospect of studying business highly appealing for those attracted to the competitive yet collaborative learning environment. We cover material ranging from why businesses are successful, why some fail, how businesses can market themselves effectively and how businesses give customers what they want. Students apply their business acumen to different situations, demanding innovation and creativity that can also be applied to other subjects. Business GCSE is a popular option in Years 9, 10 and 11. This would suit students who are motivated towards revising and academic style examinations. Within the Upper School (Years 12 and 13) we also offer Business AS level, A-Level and Business BTEC Level 3 Extended Diploma.

Economics

To further enhance the academic status of the Sixth Form, Economics was introduced in 2012. Every household has its own finances to manage (money coming in and money going out), therefore every household has some experience of what it is to run an ‘economy’. economics is a study of inflow and outflows (of which money is one), starting with micro-economics (individual businesses or industries) and developing that understanding with the study of macro-economics (a nation’s economy and the global economy). An understanding of how the economy is run, and how it impacts on the general public, can only be considered beneficial to anyone living in the country. It helps us to understand the constraints that are placed on industries and the Government, as well as gain a clearer understanding of the intentions of the Chancellor of the exchequer proposals when the Budget is presented twice a year. GCE economics provides students with an insight into the theories of such a complex subject and how they can be applied practically.