SUBJECT DEPARTMENT CURRICULUM PLAN
Subject: Business Studies Year Group: 1st Year
School Year: 2014/2015
Teachers: Jimmy Meaney, Louise Walsh, Conor Berry
Term 1: Aug 25th to Dec 19th (9 weeks, mid term, 7 weeks = 16 weeks)
Coursework/ Concepts / Classwork / Homework / Assessment / NotesHousehold income
(Chapter 1) / Types of income: personal, family, business, national
Income record
regular and irregular income
gross pay, deductions and net pay
wage slips
recording of income
Demonstrate calculation type questions / Calculation questions
Learning concepts and key terms
Past wage slip q’s from Ord Level papers and teacher own resources / Ability to do homework
Class tests / 3 weeks
Numeracy link:
To be able to calculate fraction and percentage relationships on budgets eg. Child benefit as a percentage of overall income.
Household expenditure
(Chatper 2) / Types of expenditure:
Personal, family, business, national
Expenditure record
opportunity cost
false economies
impulse buying
fixed, irregular and discretionary expenditure
recording of expenditure
capital and current spending
Demonstrate calculation type questions / Calculation questions
Learning concepts and key terms
Work Sheets on ESB Bills / Ability to do homework
Class tests / 2 weeks
Numeracy link:
To be able to calculate fraction and percentage relationships on budgets eg. Discretionary expenditure as a percentage of overall expenditure.
Coursework/ Concepts / Classwork / Homework / Assessment / Notes
Household budgeting
(Chatper 3) / Personal
Family
Business
Cash flow
National
opening and closing clash
budget surplus and deficit
net cash
Demonstrate calculation type questions / Learn concepts
Calculation questions
Q’s from past Ord Level exam papers
Q’s from workbook / Ability to do O Level JC questions
Class test / Cross curricular chance to link with IT to complete budget in excel and use functions
Key Word Lists
4 weeks
October Break
Budget to Higher Level
(Chapter 4) / Adjustments to OL level budget
estimate of figures
analysing of budget
Revised Budgets / Workbook q’s on estimating rest of year when Jan-Mar given
Workbook Q’s on revised budget / Ability to complete HL JC exam q’s from workbook only / 1 Week
Numeracy link:
Similar to OL material.
To be able to calculate fraction and percentage relationships on budgets eg. Discretionary expenditure as a percentage of overall expenditure.
Household Accounts, Analysed Cash Book and Filing
(Chapter 5) / Introduction of debit and credit in accounts
Balancing of dr and cr
Overdraft
Arranging filing
Analysed cash book / Practical questions
Learning concepts and key terms
Q’s from workbook / Homework
Class tests / 2 weeks
Students to be given ruled a/c layout initially
Letter writing & Communication
(Chapter 28) / Correct layout of a letter
Rules for writing a letter
Reasons for communication
Internal/external
Forms of communication
- written
- oral
- visual
barriers to good communication
benefits of effective communication
methods of communication
companies involved
Public Relations Officer / Practical questions
Letter writing
Exam questions
Learn concepts / 1 week
Cross curricular - Use of IT to complete letter writing
Numeracy link:
Be able to read visual representations of information e.g. Pie charts and bar charts.
Also be able to make these charts- to be done for classroom display.
The Consumer
Chapter 7 / Being a good consumer
-Wise consumer
-Consumer information
-consumer Law
-Consumer Rights
-making a complaint
-letter of complaint
What is a good consumer?
Choosing a brand
False economy
Consumer protection
Consumer legislation
Consumer information act 1978
Organisations which help the consumer
Illegal advertising
Food labels/bar codes / Guidelines for the wise consumer, value for money etc.
Looking at the law of contract / Homework and class tests. / 2 weeks
Incorporating letter writing
Revision for Christmas Exams / 3 periods (1 week)
XMAS Exam Topics
- OL budget and theory
- Analysed cash book
- Consumer letter/theory
Subject: Business Studies
Year Group: 1st Year
School Year: 2013/2014
Term 2: Jan 5th to March 27th incl (6 weeks, mid term, 7 weeks)
Coursework/ Concepts / Classwork / Homework / Assessment / NotesInsurance and Assurance
(Chapter 8) / Household and business insurance
How does insurance work?
Steps involved in taking our insurance
Assurance vs Insurance
5 rules of insurance
Calculating the premium
Making a claim
Calculating compensation
Car insurance
Average Clause
Business insurance
Public liability / The concept of insurance.
The principles of an insurance or assurance contract.
Subrogation.
Making a claim / Questions
Homework
Form filling / 2 weeks
Numeracy link :
Be able to recognise fraction/percentage relationships when calculating the Average Clause e.g. 150000/200000 is ¾ or 75%.
Money
(Chapter 9) / Bartering
Money we use
Euro
Euro zone / Ability to complete practical questions / Class tests
JC questions / 1week
Personal Banking – not bank statements
(Chapter 10) / Banking today
Services offered by commercial banks
Bank accounts
Lodging money
Cheques
Plastic cards
ATM
Banking services
Transferring money / Ability to complete practical questions / Class tests
JC questions / 1 week
Personal saving and credit purchasing
(Chapter 12) / Reasons for saving
Investing
Places to put your money – building societies/an post/bank/credit union etc
Interest on savings
Calculation of interest
CAR/DIRT/APR
Borrowing
Deciding
Where to borrow
Types of borrowing
Applying for a loan
Rights and responsibilities of a borrower
Interest
Security
For household purchases
Hire Purchase / Ability to complete practical questions / Class tests
JC questions / 2 weeks
Numeracy link
Be able to recognise different percentage interest rates and which represents best return.Be able to work out percentage of DIRT Tax charged on interest on savings
Opportunity for visit from bank representative
Subject: Business Studies
Year Group: 1st Year
School Year: 2013/2014
Term 3: April 13th – May 329th - 5 weeks, no mid term
Notes on Term 3: end of year exams
Coursework/ Concepts / Classwork / Homework / Assessment / NotesPetty Cash and monitoring of overheads
(Chapter 35) / Petty cashier
Imprest system of petty cash
Petty cash voucher / Practical questions / Class test
End of year test / 2 weeks
Information Technology / Parts of a computer Label diagrams and JC questions. 1 week
Uses of a computer in exam questions. Homework.
Business
Key terms RAM,ROM,
CAD.
Revision for Summer Tests / All of the above to HL and practice of all HL questions 1 week
Textbook and Resources:
EdCo Ready for Busines
Overheads
Workbook
Exam Papers
Handouts
Posters
ICT & Powerpoint demonstrations
Visit from outsiders
Main form of Assessment
Class based tests, presentations of work (Oral/Verbal/Written)
Times of Assessment
Class tests at the natural end of section or as necessary during/end of chapters
Standardised Christmas and Summer Exams
Special Arrangements
If possible bring in the Bank for visit during the coverage of banking/money section. If possible bring students to computer room when appropriate during chapters
Students not required to have subject folders until 2nd year
The teacher may feel the need to slightly adjust the timings of the above depending on the circumstances of the class with regard to ability etc…
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