Economics and Business

It is rarely the case that an understanding of Business and Economics is not essential but recent events have made it more so. The effects of the banking crisis 2007-09 and the pandemic 2020-? will last for some time and an educated person may feel that they want to know more about the causes and effects of these and other issues – globalisation, climate change, inequality and poverty, business change, enterprise and innovation –this list is endless.  

Young Enterprise 

The Young Enterprise Company programme is for Year 12 students at the school. Groups of students form companies for an academic year and are insured to trade in public such as on Berkhamsted High Street. They develop their own products, assign roles within the company, and raise share capital in order to buy stock and develop goods and services. Students are given the opportunity to sell in various locations outside Berkhamsted such as the Watford INTU centre and Hemel Hempstead old town. It is competition based and groups have made it to the East of England finals at the University of Cambridge as well as the national finals in London. They learn the importance of teamwork, communication skills, as well as problem solving, and enterprise during the process. And, they get to keep the profits that they make, if any!  

 

https://www.young-enterprise.org.uk/programmes/company-programme/  

https://light-and-life.wixsite.com/berkhamsted/contact-us  

https://www.livingmags.info/the-alternative-cup-co/  

Investment Club  

Students meet each week and, by investing £100,000 in UK listed shares, attempt to earn a profit.   

https://www.virtualtrader.co.uk/  

Economics Club  

Students meet each week and take it in turns to deliver a presentation on an area of economics in which they have an interest. This then forms the basis of a question and answer session with the rest of the students.  

There is also an opportunity to conduct debates about current economic issues such as globalisation, inequality, and government policy.  

In addition, films such as The Big Short can be watched and discussed.  

National Essay Competitions  

For the serious academics: 

 

  • The RES/Tutor2u essay competition 
  • The Marshall Society essay competition 
  • The Institute of Economic Affairs essay competition 
  • Berkhamsted School essay competition

Royal Economic Society Public Lectures  

The RES Annual Public Lectures purpose is to demonstrate to students at 6th Form colleges and schools that the subject of economics is as exciting as ever. The Lecture is aimed principally at sixth form students but is of interest to all.  

Visit the RES website for more details of dates and times of upcoming lectures.  

www.thersa.org  

London School of Economics Public Lectures  

The LSE runs a programme of public lectures that should be of interest to all 6th form students – but particularly to those reading economics, politics, and sociology. People  to deliver these lectures include politicians, business people, economists, and philosophers.  

Visit the LSE website for more details of dates and times of upcoming lectures.  

www.lse.ac.uk>Events  

Institute of Economic Affairs  

  • Internships 
  • Events and conferences 
  • Essay competition 
  • Student resources 
  • IEA budget challenge 

www.iea.org.uk  

Goldman Sachs   

Find Programs – Pre-University Women’s Event  

Learn more about the financial industry alongside other women A level students. 

www.goldmansachs.com  

University of Cambridge  

At Gonville and Caius College – 100 young female economists were inspired at Women in Economics Day. They explored the most pressing issues facing our economy and society today, and were urged to think critically and to take action in an unsettling economic environment.  

www.cai.cam.ac.uk  

MOOCS  

Students have the opportunity to study high quality courses on line with prestigious universities, often at no cost to themselves. This is ideal for students who are confident with and enjoy independent study and would like to engage in deepening their understanding of subject material outside the classroom.  

  • Business; e.g. Critical Perspectives on Management 
  • Social Sciences – Economics; e.g. Game Theory

www.classcentral.com