Download Knowledge - Leeds Trinity University

Secondary
PGCE
SUBJECT KNOWLEDGE AUDIT 2014-15
ECONOMICS AND BUSINESS STUDIES
NAME
DATE
Purpose of the Audit
Your indications of subject knowledge strengths and weaknesses will be used as a basis for
discussion during your individual interview and will inform target-setting afterwards. When the
course begins, the audit will also be used to inform planning for the development of key areas of
individual trainee subject knowledge.
Please complete the enclosed audit as accurately and completely as possible using the following
‘codes’ where applicable.
Knowledge Grade
0
1
2
No secure knowledge
Basic knowledge can be applied to the solution of problems
Secure knowledge that can be used to explain to others
Source of Knowledge
A
B
C
D
GCSE Qualification or below
AS or A Level Study
Degree or Post Graduate academic study
Other (e.g. Employment, Professional Training)
To assist in completing this audit, please download AQA specifications for AS/A2 Business Studies
and Economics from: www.aqa.org.uk
Business Studies Topics
1.
Marketing
1.1
1.2
1.3
1.4
1.5
1.6
Segmentation
Market Research
Marketing Strategies
Product Life Cycle
Marketing Mix
Demand & Supply
2.
Accounting and Finance
2.1
2.2
2.3
2.4
Classification of Costs
Company Accounts
Purpose of Budgeting
Cost centres and Profit centres
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Knowledge
Grade
(0 or 1 or 2)
Source of
Knowledge
(A or B or C or D)
Page 1
Business Studies Topics
3.
People & Operations Management
3.1
3.2
3.3
Management Structure
Motivation
Human Resource Management
4.
4.1
4.2
4.3
Operations Management
Economies of Scale
Quality Control, Stock Control
Production Methods
5.
5.1
5.2
5.3
5.4
External Influences & Objectives and Strategy
Economic Opportunities and Constraints
Macro-economic issues
UK & EU law – impact on business activity
Social Constraints, business ethics
6.
6.1
6.2
6.3
Objectives and Strategies
Issues related to starting a business
Business Objectives
Business Strategies, SWOT etc.
7.
7.1
7.2
7.3
7.4
7.5
7.6
Marketing and Accounting
Market Analysis
Marketing Strategies & Planning
Company Accounts including Profit and Loss
accounts
Ratio Analysis, liquidity and profitability
Break-even Analysis
Cash Flows
8.
8.1
8.2
8.3
8.4
8.5
8.6
8.7
8.8
8.9
People & Operations Management
Communication
Employer/Employee Relations
Role of the Trade Unions
Employment law
Personnel Functions
Research & Development
Critical Path Analysis
Applications of IT
Location of Industry
9.
External Influences and Objectives and
Strategy
9.1
9.2
Government Policies affecting business
Impact on firms of a change in Size
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Knowledge
Grade
(0 or 1 or 2)
Source of
Knowledge
(A or B or C or D)
Page 2
Economics Topics
1.
Markets and Market Failure
1.1
1.2
1.3
1.17
Nature and Purpose of Economic Activity
Economic Resources
Economic Objectives – Individuals, Firms,
Governments
Allocation of Resources
Opportunity Cost
Positive and Normative Statements
Demand for Goods and Services
Price, Income & Cross Elasticities of Demand
Price Elasticity of Supply
Equilibrium Markets
Interrelationships Between Markets
Allocation of Resources
Monopoly
Economies of Scale
Market Failure
Inequalities in the Distribution of Income and
Wealth
Government intervention in the Market
2.
The National Economy
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
2.9
2.10
UK Economy and Government Policy Objectives
Economic Policy
Economic Growth
Inflation
Employment and Unemployment
The Balance of Payments
Macro-economy
Aggregate Demand/Supply
Fiscal Policy
Monetary Policy
3.
Markets at Work
3.1
3.2
3.3
The Housing Market
The Environment
The Economies of Sport & Leisure
4.
Working as an Economist
4.1
4.2
4.3
4.4
European Union
EU Integration
EU Reforms
EU Aspects of Global Problems
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
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Knowledge
Grade
(0 or 1 or 2 or 3)
Source of
Knowledge
(A or B or C or D)
Page 3
Economics Topics
5.
Business Economics and the Distribution of
Wealth
5.1
5.2
5.3
5.4
5.5
5.6
5.7
5.8
5.9
5.10
5.11
5.12
5.13
5.14
5.15
5.16
5.17
5.18
5.19
5.20
5.21
5.22
5.23
5.24
5.25
Theory of the Firm
Ownership and Control
Law of Diminishing Returns
Fixed and Variable Costs
Economies of Scale
Technological Change
Total, Average & Marginal Revenue
Competitive Markets
Perfect Competition
Allocation of Resources
The Dynamics of Competition
Concentrated Markets – Monopoly, Oligopoly
The Growth of Firms
Interdependence of Oligopolistic Markets
Price Discrimination
Consumer and Producer Surplus
Contestable and Non-contestable markets
Market Structure
The Labour market
The Demand of Labour
The Influence of Trade Unions
The Distribution of Income and Wealth
Government Intervention in the Market
Competition Policy
Public Ownership, Privatisation, Regulation & Deregulation of Markets
Notions of Equity
Problems of Poverty
Distribution of Wealth
Cost benefit Analysis
5.26
5.27
5.28
5.29
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Knowledge
Grade
(0 or 1 or 2 or 3)
Source of
Knowledge
(A or B or C or D)
Page 4
Knowledge
Grade
(0 or 1 or 2 or 3)
Economics Topics
6.
Government Policy, the National and
International Economy
6.1
6.2
Growth of the Economy and Cyclical Instability
Nature and Causes of Fluctuations in Economic
Activity
Trend Rate of Economic Growth
Costs and Benefits of Economic Growth
Indicator of changes in Living Standards
Inflation and Unemployment
The Phillips Curve
Monetarism and the Quantity Theory of Money
Managing the National Economy
Interest Rates
Exchange Rates
Taxation and Public Expenditure
Fiscal Policy and Monetary Policy
The International Economy
Patterns of Trade
Developing Economies
The Principle of Comparative Advantage
Protectionism
The Balance of Payments
European Monetary Union
6.3
6.4
6.5
6.6
6.7
6.8
6.9
6.10
6.11
6.12
6.13
6.14
6.15
6.16
6.17
6.18
6.19
6.20
Source of
Knowledge
(A or B or C or D)
SUBJECT CURRICULUM KNOWLEDGE AUDIT 2011/12
ECONOMICS AND BUSINESS STUDIES
Knowledge Grade
0
1
2
None or recalled from own experience as pupil/student
Outline knowledge based on general reading or hearsay
Detailed knowledge based on specialist reading or recent
experience of schools
Business/Economics Curriculum Knowledge
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Knowledge
Grade
(0 or 1 or 2)
The Model Syllabuses for business and economics
Methods of assessment for AS and A’ level business studies /
economic studies
Methods of assessment for GNVQ courses
Research into effective business links
OFSTED findings and recommendation with regard to the teaching of
business education
The use of information technology in business education
Approaches to teaching Vocational Courses
Approaches to teaching business and economic studies to gifted and
talented pupils
Availability of teaching resources on the Internet/CD ROM
Knowledge of Microsoft Office
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