Economics and Business
Economics and Business - Above satisfactory - Year 8
This portfolio of student work shows that the student can explain in detail the rights and responsibilities of consumers and businesses in terms of financial and economic decision-making (WS2). The student analyses why different types of businesses exist (WS4) and explains the different ways businesses can respond to opportunities in the market (WS3, WS4). The student explains influences on the way people work and factors that may affect work in the future (WS1).
The student can develop questions and gather relevant data and information from different sources to analyse an economics or business issue (WS1, WS3, WS4). The student analyses data to identify trends and relationships (WS1, WS4). The student applies economics and business knowledge, skills and concepts to familiar and unfamiliar problems (WS2, WS4). The student develops and presents detailed, evidence-based conclusions using appropriate texts, subject-specific language and concepts (WS1, WS2, WS3, WS4). The student explains the effects of an economic and business decision and the potential consequences of alternative actions (WS3).