Business Studies & Economics – Edexcel – 2BE01
Course Outline
The course is split up into three units. Unit 1 focuses on spotting a business opportunity, showing
enterprise, putting a business idea into practise, making the start-up effective and understanding
the economic context. Unit 2 is internally assessed under controlled conditions and involves
students researching a task set by Edexcel. The task is internally marked by teachers and
moderated by Edexcel. In Unit 5 students will need to explore the implications of businesses
operating in a globalised world. They will gain a greater understanding of the economic reality of
the world we live in and allow them to explore the wider implications of business and governments
decisions.
The course objectives are to actively engage in the study of business and economics to develop as
effective and independent students and as critical and reflective thinkers with enquiring minds. To
use an enquiring, critical approach to distinguish facts and opinions, to build arguments and make
informed judgements. To develop and apply knowledge, understanding and skills to contemporary
issues in a range of local, national and global contexts. To appreciate the range of perspectives of
different stakeholders in relation to business and economic activities. To consider the extent to
which business and economic activity can be ethical and sustainable.
Skills that will be developed will be to introduce to you the world of small businesses and will look
at what makes someone a successful business person. You will find out how to develop an idea and
spot an opportunity, and turn that into a successful business. You will understand how to make a
business effective and manage money. You will also see how the world around us affects small
businesses and all the people involved. You will find out how to think like an economist and learn
how the economy functions, the Government’s role in the economy and its impact on business. You
will also examine what causes businesses to fail and how businesses grow. You will study many
issues w