Economics & Business Studies

The Economics and Business Studies department at Rydal Penrhos School is a strong, dedicated and effective team, providing a stimulating environment, enabling pupils to successfully make the transition from GCSE to AS/A-level and the IB within the school and then to university and a fulfilling career. A significant number of the pupils choose to study Economics and/or Business related degrees at university which is further proof of the vibrancy and relevance of the department and the subject area.

Business Studies and Economics remain two of the most popular choices for pupils at GCSE and A-level or IB. The aims and influence of the department stretch beyond the classroom and the curriculum and, through the involvement of its members in a wide variety of areas whether it be via national competitions, visits to different companies, university lectures, market research projects or school-based business activities and simulations, it is in many ways firmly at the heart of the school.

Why study Economics?

Economics is a social science that involves the study of how individuals, firms, governments and economics attempt to solve their economic problems. It also incorporates some study of social and political issues.

The skills learned and concepts studied by economists will prove of vital importance in their future development as employees and citizens of a new society, which will continue to broaden its horizons into the global economy of the new Millenium in terms of social, technological, political and economic thought.

Why study Business Studies?

Business studies pupils develop an understanding of the integrated nature of Business Studies and an ability to apply understanding to the real world. If you are looking for a course which will challenge you, complement many other courses, and open up new avenues, Business Studies could well be for you.

The subject is not intended to be vocational; however, it is attractive to employers, as the skills learned are useful to many careers such as general management of finance. It is also an excellent vehicle in terms of delivering Key Skills, which are now recognised by many university admissions tutors.