KS4 Curriculum Booklet 2017 - 18

Curriculum Overview KS3

Subject: Business Studies Overview effective from[date ]: September 2017

2

Starter – students to list any currencies that they know countries use (eg dollar, pound, euro) – list of currencies of the world Teacher definition of exchange rates – link to when students have gone abroad on holiday and have changed money or used different currencies. Show graph of the Pound compared to the Euro – ask students if anyone knows what caused the fall in June 2016 (Brexit). Simple video explaining imports and exports Test understanding – imports or exports? Teacher led explanation of SPICED – Strong Pound Imports Cheaper Exports Dearer. Pair work – students to explain whether the current UK exchange rate is good for importers and exporters and the impact on their sales, costs and thus profits.

Exchange rates

To understand the impact of exchange rates on the profit and sales of those businesses that import and/or export.

Students will not be asked to calculate exchange rate conversions.