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National Curriculum

End of key stage statements for economic wellbeing and financial capability

Economic wellbeing and financial capability

Career

Learners are able to:

  • identify a range of post-16 options and careers advice and support networks that they can use to plan and negotiate their career pathways

  • relate their abilities, attributes and achievements to career plans, setting personal targets and evaluating choices

  • complete application procedures, including CVs and personal statements, and prepare for interviews.

Capability

Learners are able to:

  • demonstrate a range of enterprise skills when working independently and with others

  • explain some of the financial products and services that will help them manage their current and future personal finances

  • demonstrate how to seek out and secure opportunities for learning and work and develop, review and adapt plans for transition from key stage 4

  • critically evaluate a wide range of goods and services from the consumer's point of view.

Risk

Learners are able to:

  • calculate and balance the element of positive and negative risk when making decisions related to economic issues and financial and career choices

  • recognise that risk assessment and risk management are part of life and give examples of ways to manage and reduce risk in different circumstances.

Economic understanding

Learners are able to:

  • explain the structure and function of different businesses across the public, private and voluntary sectors and show how some of these could be relevant to their future lives and careers

  • explain how employment trends and opportunities are influenced by economic forces and relate these to their own career plans

  • explain how finance will pay an important part in their lives and in achieving aspirations, and how changes in the economic environment may impact upon these.

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See also

Here are some useful related resources:

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