The Economics Department

Autumn Term 2010
The Economics Department has had an exciting half term. We have three groups of Year 12 students running Young Enterprise companies. They have been very active in their fundraising and extremely enterprising, selling everything from friendship bracelets to doughnuts, with one group even organising a dinner in a London restaurant.

Enterprise Week
The week beginning November 15 was Enterprise Week and kicked off with the Young Enterprise company „Quantum. giving assemblies to the Lower School. On Wednesday six Year 10 students took part in the Sutton and Merton Enterprise Challenge. The challenge was „Liquids mean life. and the students had to come up with ideas for a new fruit-based organic drink which they took from conception to market. On Friday Year 10 enjoyed „The Stock Market Challenge.. In small groups they were given a virtual fortune of £100,000, which they used to buy shares in a variety of companies. Despite setbacks in the form of adverse trading conditions, most groups managed to turn a profit with the leading two teams having profits and portfolios worth over £220,000.

Target 2.0 Challenge
On 23 November four Year 13 A Level Economics students took part in the Bank of England Target 2.0 Challenge. The challenge gives teams of students aged 16-18 the chance to take on the role of the Bank of England's Monetary Policy Committee, and tell panels of judges what monetary policy they would set to achieve the Government's inflation target. The team had spent weeks researching and preparing and gave an excellent account of themselves. The presentation was slick and the girls held up well to the rigorous questioning from the panel; they were commended for their thorough research and came away having learnt a great deal about team

Young Economist of the Year 2011
Congratulations to Xueying L in year 12 who has reached the finals of the 2011 Royal Economic Society Essay Competition.
This annual competition is organised jointly by the Royal Economic Society and the Tutor2U educational website, for students studying economics at A-level.
From an entry of over five hundred essays, Xueying was one of just seventeen students to have their essays shortlisted.


We wish her well for the final judging.


H Triegaardt