{"id":604,"date":"2019-05-16T15:13:21","date_gmt":"2019-05-16T15:13:21","guid":{"rendered":"https:\/\/kinghenry.wpengine.com\/?page_id=604"},"modified":"2019-09-16T12:16:43","modified_gmt":"2019-09-16T12:16:43","slug":"economics-and-business","status":"publish","type":"page","link":"https:\/\/kinghenrys.co.uk\/senior-school\/academic\/economics-and-business\/","title":{"rendered":"Economics and Business"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-jsne689d-a9a220fb67f7506227fe8f2433ba98e2\">\n.avia-section.av-jsne689d-a9a220fb67f7506227fe8f2433ba98e2{\nbackground-color:#142630;\nbackground-image:url(https:\/\/kinghenrys.co.uk\/wp-content\/uploads\/2019\/05\/ECONOMICS1.jpg);\nbackground-repeat:no-repeat;\nbackground-position:0% 0%;\nbackground-attachment:scroll;\n}\n<\/style>\n<div id='subject-header'  class='avia-section av-jsne689d-a9a220fb67f7506227fe8f2433ba98e2 main_color avia-section-default avia-no-border-styling  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itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><img decoding=\"async\" class='wp-image-605 avia-img-lazy-loading-not-605 avia_image ' src=\"https:\/\/kinghenrys.co.uk\/wp-content\/uploads\/2019\/05\/Econonics-and-Business.jpg\" alt='' title='Econonics-and-Business'  height=\"441\" width=\"800\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/kinghenrys.co.uk\/wp-content\/uploads\/2019\/05\/Econonics-and-Business.jpg 800w, https:\/\/kinghenrys.co.uk\/wp-content\/uploads\/2019\/05\/Econonics-and-Business-300x165.jpg 300w, https:\/\/kinghenrys.co.uk\/wp-content\/uploads\/2019\/05\/Econonics-and-Business-768x423.jpg 768w, https:\/\/kinghenrys.co.uk\/wp-content\/uploads\/2019\/05\/Econonics-and-Business-705x389.jpg 705w, https:\/\/kinghenrys.co.uk\/wp-content\/uploads\/2019\/05\/Econonics-and-Business-450x248.jpg 450w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/div><\/div><\/div>\n<div  class='togglecontainer av-jsvr96b2-0c5c27e68deeebf3f947338e0cc864cb  avia-builder-el-2  el_after_av_image  el_before_av_one_half  tablet-mobile-only toggle_close_all' >\n<section class='av_toggle_section av-biajg-2a76184d9882dbdf6f33745235583181'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#in-this-section-mobile' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='in-this-section-mobile'>In this section<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='in-this-section-mobile' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><nav id=\"bellows-main-0\" class=\"bellows bellows-nojs bellows-main bellows-source-posts bellows-align-full bellows-skin-vanilla bellows-type-accordion bellows-expand-current\"><ul 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bellows-menu-item-881 bellows-item-level-0\" data-post-id=\"881\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/the-spark-mindset\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">The Spark Mindset<\/span><\/a><\/li>\n<\/ul><\/nav>\n<\/div><\/div><\/div><\/section>\n<\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-dxz6c-8c2e43ef87e32a247c1c66cc4f52489b\">\n.flex_column.av-dxz6c-8c2e43ef87e32a247c1c66cc4f52489b{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-dxz6c-8c2e43ef87e32a247c1c66cc4f52489b av_one_half  avia-builder-el-3  el_after_av_toggle_container  el_before_av_one_half  first flex_column_div av-zero-column-padding '     ><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-9qgp8-4c327c242fbcee2182a9d6f0ea6bbe37\">\n.flex_column.av-9qgp8-4c327c242fbcee2182a9d6f0ea6bbe37{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-9qgp8-4c327c242fbcee2182a9d6f0ea6bbe37 av_one_half  avia-builder-el-4  el_after_av_one_half  avia-builder-el-last  copy flex_column_div av-zero-column-padding '     ><section  class='av_textblock_section av-jsne7mae-644f1aa4d42d3e2258be7a9fd30825b4'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h1 class=\"page_title\"><span class=\"page_title\">Economics &amp; Business<\/span><\/h1>\n<h2 class=\"p2\">INTRODUCTION<\/h2>\n<p>In both Economics and Business (formerly known as Business Studies) we aim to engage interest and independent learning skills amongst our students. The subjects are clearly enjoyed by the pupils, who sometimes (by their own admission) admit to having chosen them with limited understanding of what they entail, and many pursue them beyond A Level at university. We like to encourage discussion and debate, and are particularly keen that pupils keep up to date with the very latest news stories. These might include the controversial HS2 rail network, Heathrow runway expansion or the launch of the new iPhone X by Apple.<\/p>\n<\/div><\/section><\/div>\n\n<\/div><\/div><\/main><!-- close content main element --><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-jsnenka7-35b21d2c885dda076bdd29ddb9c1410c\">\n.avia-section.av-jsnenka7-35b21d2c885dda076bdd29ddb9c1410c{\nbackground-color:#e0e5e9;\nbackground-image:unset;\n}\n<\/style>\n<div id='subject-info'  class='avia-section av-jsnenka7-35b21d2c885dda076bdd29ddb9c1410c main_color avia-section-no-padding avia-no-border-styling  avia-builder-el-6  el_after_av_section  avia-builder-el-last  avia-bg-style-scroll container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-604'><div class='entry-content-wrapper clearfix'>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1y770-cfb030cbc2b43e3635fd22c9791429c6\">\n.flex_column.av-1y770-cfb030cbc2b43e3635fd22c9791429c6{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-1y770-cfb030cbc2b43e3635fd22c9791429c6 av_one_fourth  avia-builder-el-7  el_before_av_one_half  avia-builder-el-first  nav-section first flex_column_div av-zero-column-padding '     ><div  class='togglecontainer av-jsvr96b2-4358da64574cb7a7f3e8b0ce3c85b110  avia-builder-el-8  avia-builder-el-no-sibling  desktop-only toggle_close_all' >\n<section class='av_toggle_section av-cx38s-52f61c6820435227bffeca5ca16e2ec7'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#in-this-section' class='toggler  activeTitle '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='in-this-section'>In this section<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='in-this-section' class='toggle_wrap  active_tc' style='display:block;' ><div class='toggle_content invers-color '  itemprop=\"text\" ><nav id=\"bellows-main-0-2\" class=\"bellows bellows-nojs bellows-main bellows-source-posts bellows-align-full bellows-skin-vanilla bellows-type-accordion bellows-expand-current\"><ul id=\"menu-main-menu-1\" class=\"bellows-nav\" data-bellows-config=\"main\"><li class=\"bellows-menu-item bellows-menu-item-post-267 bellows-menu-item-has-children bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-267 bellows-item-level-0\" data-post-id=\"267\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/academic\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Academic<\/span><button class=\"bellows-subtoggle\" 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bellows-target-text\">Music<\/span><\/a><\/li>\n\t<li class=\"bellows-menu-item bellows-menu-item-post-823 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-823 bellows-item-level-1\" data-post-id=\"823\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/academic\/philosophy-religion-and-ethics\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Philosophy, Religion and Ethics<\/span><\/a><\/li>\n\t<li class=\"bellows-menu-item bellows-menu-item-post-804 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-804 bellows-item-level-1\" data-post-id=\"804\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/academic\/physical-education-and-games\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Physical Education and Games<\/span><\/a><\/li>\n\t<li class=\"bellows-menu-item bellows-menu-item-post-819 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-819 bellows-item-level-1\" data-post-id=\"819\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/academic\/physics-2\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Physics<\/span><\/a><\/li>\n\t<li class=\"bellows-menu-item bellows-menu-item-post-828 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-828 bellows-item-level-1\" data-post-id=\"828\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/academic\/psychology\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Psychology<\/span><\/a><\/li>\n<\/ul>\n<\/li>\n<li class=\"bellows-menu-item bellows-menu-item-post-769 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-769 bellows-item-level-0\" data-post-id=\"769\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/gcse-results\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">GCSE Results<\/span><\/a><\/li>\n<li class=\"bellows-menu-item bellows-menu-item-post-766 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-766 bellows-item-level-0\" data-post-id=\"766\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/heads-welcome\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Head&#8217;s Welcome<\/span><\/a><\/li>\n<li class=\"bellows-menu-item bellows-menu-item-post-864 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-864 bellows-item-level-0\" data-post-id=\"864\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/learning-support\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Learning Support<\/span><\/a><\/li>\n<li class=\"bellows-menu-item bellows-menu-item-post-876 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-876 bellows-item-level-0\" data-post-id=\"876\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/library\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Library<\/span><\/a><\/li>\n<li class=\"bellows-menu-item bellows-menu-item-post-1146 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-1146 bellows-item-level-0\" data-post-id=\"1146\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/options-booklets-and-curriculum-information\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">Options Booklets and Curriculum Information<\/span><\/a><\/li>\n<li class=\"bellows-menu-item bellows-menu-item-post-881 bellows-menu-item-type-post_type bellows-menu-item-object-post bellows-menu-item-881 bellows-item-level-0\" data-post-id=\"881\"><a  href=\"https:\/\/kinghenrys.co.uk\/senior-school\/the-spark-mindset\/\" class=\"bellows-target\"><span class=\"bellows-target-title bellows-target-text\">The Spark Mindset<\/span><\/a><\/li>\n<\/ul><\/nav>\n<\/div><\/div><\/div><\/section>\n<\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-g35q4-c503a4a0ec3dfdf241c2d17084c53384\">\n.flex_column.av-g35q4-c503a4a0ec3dfdf241c2d17084c53384{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\nbackground-color:#ffffff;\n}\n<\/style>\n<div class='flex_column av-g35q4-c503a4a0ec3dfdf241c2d17084c53384 av_one_half  avia-builder-el-9  el_after_av_one_fourth  el_before_av_one_fourth  main-subject flex_column_div av-zero-column-padding '     ><section  class='av_textblock_section av-jsnead42-df0ec3b3382cd057ccf73255ec3f9979'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3 class=\"p1\">FACILITIES\/RESOURCES<\/h3>\n<p class=\"p2\">Two specialist rooms are used which are suited to teaching small groups of up to a dozen students. One teaching room has a fully networked AV projector system with surround sound and wifi. The other teaching room has recently had its AV facilities upgraded. Given the nature of the two subjects, resources are very up to date (often on the news websites that day!) and naturally topical.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-jsnead42-df0ec3b3382cd057ccf73255ec3f9979'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3 class=\"p1\">WHAT WE DO<\/h3>\n<p>We follow the A Level AQA courses for both Business and Economics.<\/p>\n<p>Economics involves an appreciation of the entire economic environment, with a focus on consumers, firms, workers and government. The \u2018Economic Problem\u2019 is essentially one of scarcity, and this can, for example, help us explain the need for rising rail fares, eye watering Premiership footballing salaries, and fluctuating oil prices. The new A Level course will include a great deal on the fascinating area of \u2018Behavioural Economics\u2019 including the currently fashionable \u2018nudge theory\u2019.<\/p>\n<p>Business naturally focuses more on how business organisations are run. The key areas include Marketing, Finance, Human Resources, the External Environment and Operations. The early parts of the course now look more closely at smaller companies and start up, and towards the end of the course we consider \u2018the bigger picture\u2019 in terms of business objectives and long term corporate strategy.<\/p>\n<p>Both subjects are very interesting, incredibly topical and allow students to engage in real debate. We like to take students to relevant conferences and on local visits (see above) and make increasing use of visiting speakers who can share their expertise. In recent years we have welcomed guests from Chiltern Railways, Expedia and JLR. Upper Sixth Economists recently attended a conference run by the Institute of Economic Affairs in Solihull. In 2016 Business students enjoyed a behind the scenes tour of the Ricoh Arena, home of the Wasps RFC and a presentation by their Finance Director.<\/p>\n<p>Over the last eleven years, Year 12s across the school have taken part in the Young Enterprise Scheme, forming companies to learn the practical aspects (and pitfalls) of running a business. The modest profit made is perhaps secondary to the learning gained, and the need for teamwork. The 2014\/15 company \u2018 Retro\u2019 was our most successful to date, \u2018up-cycling\u2019 old vinyl records into clocks and bowls. The company claimed four out of the five awards at the Coventry Area final. The 2017 company New Wave impressed many with their customised bracelets at the school Christmas Fayre.<\/p>\n<p>The school also enters several teams for the IFS Share dealing competition.<\/p>\n<\/div><\/section><br \/>\n<section  class='av_textblock_section av-jsnead42-df0ec3b3382cd057ccf73255ec3f9979'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3 class=\"p1\">STAFF<\/h3>\n<\/div><\/section><br \/>\n<div class='avia-data-table-wrap av-16ttl8-02ec8e3e98e6de592abb098ee097e5b2 avia_scrollable_table avia-table-1'><table  class='avia-table avia-data-table avia_pricing_minimal  avia-builder-el-13  el_after_av_textblock  avia-builder-el-last '  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/Table\" ><tbody><tr class=''><th class='avia-desc-col'>Head of Department: <\/th><td class=''>Mr N Meynell<\/td><\/tr><tr class=''><th class='avia-desc-col'>Teaching Staff:<\/th><td class=''>Mr N Tingle (Economics)<\/td><\/tr><\/tbody><\/table><\/div><\/p><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-b8wks-a33ed6a692424a187694ff98223d2b33\">\n.flex_column.av-b8wks-a33ed6a692424a187694ff98223d2b33{\n-webkit-border-radius:0px 0px 0px 0px;\n-moz-border-radius:0px 0px 0px 0px;\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div class='flex_column av-b8wks-a33ed6a692424a187694ff98223d2b33 av_one_fourth  avia-builder-el-14  el_after_av_one_half  el_before_av_toggle_container  end-of-subject flex_column_div av-zero-column-padding '     ><section  class='av_textblock_section av-jsnead42-df0ec3b3382cd057ccf73255ec3f9979'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div class='avia_textblock'  itemprop=\"text\" ><h3 class=\"p1\">TRIPS<\/h3>\n<p>Since February 2005 we have conducted annual European visits, often with the ICT Department, to Holland, Krakow (Poland), Prague, Munich (twice) and Barcelona (twice). Additionally we have visited Berlin on five occasions in collaboration with the History Department, and are currently planning a visit there for December 2017. Closer to home we have recently visited FANUC Robotics and the Genting Arena.<\/p>\n<\/div><\/section><\/div><div  class='togglecontainer av-jsvudpzl-e8846303ec5aedf10143182a35e9c3aa  avia-builder-el-16  el_after_av_one_fourth  avia-builder-el-last  tablet-mobile-only toggle_close_all' >\n<section class='av_toggle_section av-bn3do-5dd52b1484c7df2bf8064a09a5c199df'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/CreativeWork\" ><div role=\"tablist\" class=\"single_toggle\" data-tags=\"{All} \"  ><p data-fake-id='#further-info' class='toggler   '  itemprop=\"headline\"  role='tab' tabindex='0' aria-controls='further-info'>Further Information Trips<span class=\"toggle_icon\"><span class=\"vert_icon\"><\/span><span class=\"hor_icon\"><\/span><\/span><\/p><div id='further-info' class='toggle_wrap  '  ><div class='toggle_content invers-color '  itemprop=\"text\" ><div class=\"place\"><\/div>\n<\/div><\/div><\/div><\/section>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"parent":267,"menu_order":7,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - 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